Fractal Bitcoin Launches Mainnet, Introducing New Bitcoin Scaling Solution

Source Livebitcoinnews

Fractal Bitcoin, a highly anticipated Bitcoin scaling solution, officially launched its mainnet today. Backed by wallet provider Unisat, Fractal Bitcoin offers a unique approach to scaling by operating directly on the Bitcoin Core codebase. This makes it stand out from other Bitcoin sidechains and L2 scaling solutions, which often employ the Ethereum Virtual Machine (EVM) integration.

The launch of the new mainnet is expected after months of testing on a trial network set up in July 2024. Fractal Bitcoin says it is the only scaling solution based on Bitcoin core, which allows it to focus strictly on Bitcoin-native technologies. Another feature of the new is the emergence of the OP_CAT opcode, which extends the operations Bitcoin can perform in the blockchain.

PizzaSwap DEX to Operate on Fractal Bitcoin Mainnet

The major strength of FBTT is its ability to achieve a block confirmation time of less than 30 seconds, which is much faster than the existing Bitcoin conventional confirmation time. The project also states that it offers up to 20 times more layer capacity due to the recursion layer technology. Moreover, with Fractal Bitcoin, it is possible to equally support Bitcoin with other protocols such as BRC-20, Runes, and Ordinals in a more encompassing manner.

Besides the mainnet, Fractal Bitcoin will have a decentralized exchange called PizzaSwap that will run on the chain. A new mining structure called Cadence Mining is also incorporated into the system, which includes permissionless mining with merged mining on Bitcoin to improve the network’s security.

Fractal Bitcoin has also recently introduced its token, FB, which has a fixed circulating supply of 210,000,000 tokens. Half of these tokens are reserved for proof-of-work mining, while the other half has been mined in advance for different reasons, such as contributing to the core team investors, developing the ecosystem, and community rewards. This new launch is a major leap towards enhancing the flexibility and capacity of the Bitcoin network.

The post Fractal Bitcoin Launches Mainnet, Introducing New Bitcoin Scaling Solution appeared first on Live Bitcoin News.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP Look for a Foothold After a Sharp ShakeoutBitcoin trades near $92,600 after a dip below $90,000, while Ethereum around $3,118 and XRP near $2.21–$2.23 sit on key support zones, as BTC, ETH and XRP all try to turn a sharp correction into a tradable rebound rather than a deeper slide.
Author  Mitrade
Nov 19, Wed
Bitcoin trades near $92,600 after a dip below $90,000, while Ethereum around $3,118 and XRP near $2.21–$2.23 sit on key support zones, as BTC, ETH and XRP all try to turn a sharp correction into a tradable rebound rather than a deeper slide.
placeholder
Bitcoin Volatility Spikes: Is Options-Driven Pricing Making a Comeback?Bitcoin's volatility is surging, suggesting a shift back to options-driven price action seen before Bitcoin ETFs were launched.
Author  Mitrade
Nov 24, Mon
Bitcoin's volatility is surging, suggesting a shift back to options-driven price action seen before Bitcoin ETFs were launched.
placeholder
Gold Price Forecast: XAU/USD rises to near $4,150 as Fed rate cut bets growGold price (XAU/USD) attracts some buyers to around $4,140 during the early Asian session on Tuesday. The precious metal rises on growing expectations of a US Federal Reserve (Fed) interest rate cut in the December policy meeting.
Author  FXStreet
Yesterday 01: 29
Gold price (XAU/USD) attracts some buyers to around $4,140 during the early Asian session on Tuesday. The precious metal rises on growing expectations of a US Federal Reserve (Fed) interest rate cut in the December policy meeting.
placeholder
Bitcoin Bleeds to $86K, But This Key Indicator Screams "The Top Isn't In"Bitcoin’s adjusted Spent Output Profit Ratio (aSOPR) has spent nearly two years coiling below the extremes seen at past bull-market peaks, even as BTC trades around $86,300 and down 9% on the week — a setup that leaves open the possibility that this cycle’s true top may still lie ahead.
Author  Mitrade
21 hours ago
Bitcoin’s adjusted Spent Output Profit Ratio (aSOPR) has spent nearly two years coiling below the extremes seen at past bull-market peaks, even as BTC trades around $86,300 and down 9% on the week — a setup that leaves open the possibility that this cycle’s true top may still lie ahead.
placeholder
Bitcoin Price Rebound Gains Traction with $90K Break in SightBitcoin is trading above $87,000 and its 100-hour SMA after rebounding from $83,500, with a bearish trend line at $88,200 and resistance at $89,000–$90,000 now in focus as BTC either breaks higher toward $91,750–$94,000 or slips back toward $86,700, $85,000 and lower supports.
Author  Mitrade
1 hour ago
Bitcoin is trading above $87,000 and its 100-hour SMA after rebounding from $83,500, with a bearish trend line at $88,200 and resistance at $89,000–$90,000 now in focus as BTC either breaks higher toward $91,750–$94,000 or slips back toward $86,700, $85,000 and lower supports.
goTop
quote