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
Gold Price Forecast: XAU/USD gains momentum to near $3,650, eyes on US CPI releaseThe Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
Author  FXStreet
Sep 11, Thu
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
placeholder
Japanese Yen climbs further amid safe-haven demand; political risks could cap gainsThe Japanese Yen remains on the front foot against its American counterpart for the second successive day on Wednesday, though it lacks bullish conviction amid a mixed fundamental backdrop.
Author  FXStreet
21 hours ago
The Japanese Yen remains on the front foot against its American counterpart for the second successive day on Wednesday, though it lacks bullish conviction amid a mixed fundamental backdrop.
placeholder
Silver Price Forecast: XAG/USD rebounds toward $52.50 within overbought zoneSilver price (XAG/USD) trades around $52.30 per troy ounce during the Asian hours on Wednesday after recovering losses registered in the previous session.
Author  FXStreet
19 hours ago
Silver price (XAG/USD) trades around $52.30 per troy ounce during the Asian hours on Wednesday after recovering losses registered in the previous session.
placeholder
Gold crosses $4,200 for first time on Fed rate-cut bets, US- China trade woesGold crossed the key $4,200-per-ounce threshold for the first time ever on Wednesday.
Author  Reuters
17 hours ago
Gold crossed the key $4,200-per-ounce threshold for the first time ever on Wednesday.
placeholder
Bitcoin Price Forecast: BTC recovery capped amid US-China trade tensions, prolonged government shutdownBitcoin price edges below $112,500 on Wednesday, struggling to extend its rebound amid renewed macroeconomic headwinds.
Author  FXStreet
15 hours ago
Bitcoin price edges below $112,500 on Wednesday, struggling to extend its rebound amid renewed macroeconomic headwinds.
goTop
quote