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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.

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