Fractal Bitcoin: Native Scalable Bitcoin Highway

With the continuous development of the Bitcoin network, scalability issues have always been the focus of the community's attention. From Segregated Witness to Bitcoin Cash, and then to second-layer solutions like the Lightning Network, the path to Bitcoin's scalability is filled with exploration and challenges. Among the many scaling solutions, Fractal Bitcoin has quickly become the hottest Bitcoin scaling solution due to its unique innovation and recent mainnet launch.

As a native scaling solution for Bitcoin, Fractal Bitcoin utilizes Bitcoin Core code to achieve recursive virtualization, maintaining complete compatibility with the existing Bitcoin ecosystem while also enabling infinite scalability. This breakthrough technology allows Bitcoin to scale across infinite layers on the world's most secure and trusted blockchain, creating conditions for the flourishing of complex decentralized applications and high-volume transactions.

However, the popularity of Fractal Bitcoin has also raised some doubts. The project is backed by a Chinese team, and its core technology directly relies on Bitcoin Core code, with a significant portion of code coming from Namecoin and Bitcoin Cash. Therefore, Fractal Bitcoin is also considered a "clone" of Bitcoin Core v24.0.1, leading investors to have concerns about the project's long-term viability. Nevertheless, Fractal Bitcoin has still recreated the initial frenzy of BRC20. As for whether this frenzy will ultimately leave a mess or reveal true value, it will take time to verify.

Fractal Bitcoin Unites Efforts to Rekindle the BTC Ecosystem

Fractal Bitcoin is an innovative Layer 1 solution designed specifically for expanding the Bitcoin network, developed by the Unisat team. Unisat is a company founded in 2022, focusing on the development of the Bitcoin ecosystem, with its core product being a popular browser extension wallet. With outstanding performance, Unisat has successfully completed multiple rounds of financing and has accumulated over 900,000 weekly active users. Due to its founding location in Hong Kong, Unisat is also known as the light of the Bitcoin ecosystem for the Chinese community.

In the Bitcoin ecosystem, Unisat wallet was once a mainstream choice, but when the era of inscriptions arrived, it unfortunately missed the opportunity for development. This allowed some wallets that were established later, such as XVerse and Nunchuk wallet, to rise rapidly and capture the market. In the face of such challenges, the Unisat team did not get discouraged, but instead decided to strike back by launching the innovative project Fractal Bitcoin.

Fractal Bitcoin was jointly launched by the Unisat team in collaboration with BSF, Uniworlds, and AssetBridge, and has a partnership with a certain exchange platform incubator. This means that Fractal Bitcoin is closely tied to the exchange platform, and additionally, another exchange platform has launched an event with Fractal Bitcoin to lead the FB token. The support of the two major exchange platforms, along with Unisat's large user base, attracted massive user attention within just a few days after the mainnet of Fractal Bitcoin was released on September 9, 2024.

As of now, Fractal Bitcoin has attracted over 1 million weekly active users, with more than 100,000 active addresses holding FB tokens, and the price of FB has peaked at $38.8. In addition, Fractal Bitcoin's innovative mining model has also attracted a large number of miners and retail participants, and the platform's total hash rate has now exceeded 241EH, accounting for 38.1% of the total Bitcoin network hash rate, demonstrating its popularity.

The reason Fractal Bitcoin was able to explode across the internet in a short period of time was undoubtedly due to the combined efforts of various forces playing a crucial role. Against the backdrop of a short-term bear market, a project that can trigger FOMO emotions in the entire market undoubtedly becomes a coveted opportunity in the eyes of investors. For mining machine manufacturers and miners, the emergence of Fractal Bitcoin is undoubtedly a huge blessing. They actively participate, injecting powerful computational support into the network. Leveraging this advantage, $FB can achieve synchronized mining during the dual mining process of Bitcoin, bringing extremely significant returns to large mining pools. This additional source of income is naturally a welcome benefit for mining machine manufacturers and miners.

In addition, Fractal Bitcoin has brought new development opportunities for exchanges and decentralized exchanges (DEX). Some exchanges may seize this opportunity to achieve business transformation and upgrades, and even come back to life. For example, some struggling exchanges may rejuvenate by supporting Fractal trading. Meanwhile, some well-known exchanges are about to launch trading for $FB, further enhancing the market influence of Fractal Bitcoin.

More notably, the inscription market has also been revitalized due to the popularity of Fractal Bitcoin. The active trading of its ecological token CAT has caused GAS fees to rise again, and the myth of becoming rich has played out once more. This trend reaffirms the core position of liquidity and innovation speed in the blockchain field. Fractal Bitcoin has successfully attracted the attention of a large number of users and projects by providing efficient transaction speeds and an innovative ecological system, thereby promoting the continuous prosperity of the market. It can be said that the vigorous development of Fractal Bitcoin has not only reignited the innovative vitality of the BTC ecosystem but also brought unprecedented new opportunities to miners, mining machine manufacturers, DEXs, exchanges, and other upstream and downstream ecosystems. In this prosperous and symbiotic blockchain ecosystem, all parties can find their place and achieve a win-win situation.

Fractal Bitcoin: Building an infinitely scalable Bitcoin highway

As a native Bitcoin scaling solution, the core idea of Fractal Bitcoin is to utilize the Bitcoin core code to construct a tree-like expansion structure, where each layer can be further expanded, significantly enhancing the overall network's parallel processing capability. Compared to building another framework for scaling with layer 2 solutions, Fractal Bitcoin's approach is undoubtedly simpler.

To achieve the goal of scalability, Fractal Bitcoin introduces the concept of "fractal." In geometry, a fractal refers to patterns that replicate and mimic shapes similar to the original shape, thereby preserving its key attributes. Drawing on this idea, the Unisat team proposed encapsulating the core Bitcoin code to create an embeddable network expansion layer. This expanded network is recursively linked to the main Bitcoin network, allowing each application to operate independently while ultimately feeding back to the main network. Such a design enables the entire network to handle more transactions, with each layer not interfering with one another, significantly enhancing the network's parallel processing capability.

Imagine that the Bitcoin network is like a crowded city street, and Fractal Bitcoin opens up new lanes, which not only connect with the main street but also allow for mutual access, forming a complex yet orderly traffic network. In such a network, vehicles (i.e., transactions) can move more smoothly, no longer restricted to a single lane.

The technical advantages of Fractal Bitcoin are mainly reflected in the following aspects:

Native Compatibility: Seamlessly Integrate into the Bitcoin Ecosystem

Compatibility is one of the key factors for the successful promotion of any new technology. Fractal Bitcoin understands this very well, which is why it fully considered compatibility with the Bitcoin mainnet from the very beginning of its design. Whether it is wallets, tools, or mining equipment, users can easily access the Fractal Bitcoin network without making any changes. This native compatibility significantly lowers the barriers to use for users, allowing Fractal Bitcoin to seamlessly integrate into the Bitcoin ecosystem and become an indispensable part of it.

Fast Trading: Redefining the Bitcoin Trading Experience

In terms of transaction speed, Fractal Bitcoin has demonstrated astonishing strength. Its block confirmation time is as short as 30 seconds, while the Bitcoin mainnet takes about 10 minutes. This means that transactions on Fractal Bitcoin can be confirmed almost instantly, greatly reducing the waiting time for users. At the same time, its transaction processing capacity is 20 times that of the Bitcoin mainnet, which allows Fractal Bitcoin to maintain a smooth trading experience even during peak hours, relieving users from the frustration of network congestion.

Dynamic Adjustment: Smart Response to Network Fluctuations

Network congestion is a dynamically changing process, sometimes serious and sometimes mild. To cope with this fluctuation, Fractal Bitcoin has designed a dynamic adjustment mechanism. When the level of network congestion increases, it automatically increases the number of extension layers to distribute the transaction pressure; when the network becomes smooth, it reduces the extension layers to save resources. This smart adjustment mechanism ensures that the Fractal Bitcoin network can always maintain an optimal state, providing users with stable and efficient transaction services.

Security Assurance: Building an Unbreakable Foundation of Trust

In the field of digital currency, security is one of the most concerning issues for users. Fractal Bitcoin understands this, so it prioritized security from the very beginning of its design. Every transaction conducted on Fractal can ultimately be traced back to the Bitcoin main chain, ensuring the security and verifiability of each transaction.

The Restart of OP_CAT: Opening a New Chapter for Smart Contracts

Fractal Bitcoin has also re-enabled the key function OP_CAT. OP_CAT is one of the important tools for implementing smart contracts on the Bitcoin main chain, but it was deprecated in the past for various reasons. Fractal Bitcoin has reintroduced it and optimized and improved it. This allows not only simple transaction operations on Fractal Bitcoin but also the implementation of more complex smart contract applications.

Fractal Bitcoin, as a reconstruction and expansion plan for Bitcoin, has consistently adhered to the "orthodox expansion" principle based on the BTC main chain in its project concept and implementation mechanism. Indeed, Fractal Bitcoin has successfully achieved the reconstruction and expansion of BTC through its unique innovative mechanism, which is commendable. However, fundamentally, it is still a forked version based on Bitcoin Core v24.0.1. According to historical experience, most fork projects often encounter issues such as user loss and decreased market attention after the initial wave of enthusiasm. Therefore, for Fractal Bitcoin, whether it can maintain its current popularity and attention after fully capitalizing on short-term economic benefits is a key point that investors need to carefully evaluate.

Fractal Bitcoin Ecosystem Project Review

Since the launch of the Fractal Bitcoin mainnet, ecological projects have emerged like a tide, attracting widespread attention and participation. First, the so-called first token protocol of Fractal, FLUX, suddenly appeared, with its price rising over 300% in a short period. Subsequently, the emerging CAT protocol quickly rose to prominence, rapidly occupying both public opinion and market share with its innovative features and flexibility. Although Fractal also faces some controversies, the continuous emergence of new ecological projects has indeed brought it substantial traffic and vitality. Below are several ecological projects in Fractal worth noting.

1. Pizza: Fractal Bitcoin ecosystem's meme coin

Pizza is an inscription project carefully crafted by Unisat, which conducted an airdrop event to eligible active addresses on May 22, 2023, during the special moment of Bitcoin Pizza Day. PIZZA is not only an official meme project launched by Unisat but also stands out due to its unique dual attributes: on one hand, it showcases typical meme coin characteristics, full of fun and topicality; on the other hand, as Unisat ventures into more financial areas, PIZZA also exhibits the traits of a VC coin, combining investment potential and value.

High-quality meme coins often hold a place in the market capitalization of public chains, especially for some meme coins in the strict sense, whose market capitalization can even reach an astonishing 5%. PIZZA's uniqueness as a meme coin is particularly prominent, alongside the continued popularity of Fractal Bitcoin.