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 flat lines near $4,200 ahead of US PCE inflation releaseGold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
Author  FXStreet
Dec 05, Fri
Gold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
placeholder
Bitcoin Pauses for Breath Above $92,000 as Bulls Weigh Next Run at $95,000Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
Author  Mitrade
Dec 05, Fri
Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
placeholder
Bitcoin Dips Below $88K as FOMC Meeting Spurs NervesBitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
Author  Mitrade
Yesterday 02: 46
Bitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
placeholder
Bitcoin Could Reach $50 Million by 2041 as Global Collateral, Says EMJ Capital’s JacksonEMJ Capital CEO Eric Jackson predicts Bitcoin could hit $50 million by 2041, arguing it will replace the Eurodollar system as the neutral collateral layer for global sovereign debt.
Author  Mitrade
19 hours ago
EMJ Capital CEO Eric Jackson predicts Bitcoin could hit $50 million by 2041, arguing it will replace the Eurodollar system as the neutral collateral layer for global sovereign debt.
placeholder
Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cutGold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
Author  FXStreet
1 hour ago
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
goTop
quote