jakiro
Source: DODO Research
This week’s encrypted market, after issuing a clear interest rate cut in Jackson Hall on Jackson Hall, opened a strong rebound on Jackson Hall. Bitcoin led a votes to the rare upward situation in August.
Bitcoin -related concepts have always been the biggest catalyst of this cycle. After the start of BTC ETF, it lits various Bitcoin chain ecological tokens and projects. This week’s Cryptosnap DR.DODO is introduced to Bitcoin -related projects.Recently, Fractal Bitcoin, which is in full swing, has a fractal Bitcoin, which has been tested. Let Dr.Dodo take you to take a look at what is Fractal Bitcoin?
What is Fractal Bitcoin?
The birth of Fractal Bitcoin originated from the long -term scalability of the Bitcoin network. With the popularity of Bitcoin, the surge in network transaction volume has led to a prolonged transaction confirmation time and rising fees.Over the years, the Bitcoin community has been seeking to solve this problem, such as the second -level solution such as lightning networks.However, these solutions often require additional infrastructure or complex operations.
In this context, the Unisat team proposed the concept of Fractal Bitcoin. The goal is to create an extension solution that can be seamlessly integrated into the Bitcoin ecosystem.Network performance.
Fractal Bitcoin’s design inspiration comes from fractal geometry. By creating an unlimited expansion layer on the Bitcoin’s main chain to improve transaction processing capabilities and speed, it maintains complete compatibility with the existing Bitcoin ecosystem.Its core idea is to use the core code of Bitcoin itself to create a tree -shaped expansion structure, which can further expand each layer, thereby greatly improving the parallel processing capacity of the entire network.
Fractal Bitcoin’s technical characteristics
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Core technology:Use the core code of Bitcoin to directly use the security and reliability of Bitcoin blockchain.
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Extension method:Create a tree -like structure through recursive expansion layers to increase the parallel processing capacity of the entire network.
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Performance improvement:The block confirmation time is about 30 seconds, and the transaction processing capacity is 20 times that of the Bitcoin’s main chain.
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compatibility:Completely compatible with existing Bitcoin wallets, tools and miners.
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Mining method:Support two ways: non -licensed mining and combined mining.
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Safety:All transactions can be traced back to the main Bitcoin chain to ensure safety and verification.
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Dynamic adjustment:Can automatically adjust the number of expansion layers according to the degree of network congestion.
Fractal Bitcoin ecosystem
Fractal Bitcoin’s ecosystem is developing rapidly, and many potential projects have emerged:
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Uniworlds: The Yuan universe project built by Fractal Bitcoin provides customized virtual space.
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INFINITYAI: AI projects that provide test tasks and points rewards.
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Satspumpfun: Pump.fun coin platform imitation disk on Fractal Bitcoin.
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MOTOSWAP: The DEX item on the frameal bitcoin chain.
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None of the mining: Allows anyone with suitable tools and hardware to minimize the Fractal block, similar to BTC mining methods.
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Combined mining: specifically targeting BTC miners, allowing miners to tap BTC blocks and Fractal blocks at the same time without having to occupy additional computing power.
Although Fractal Bitcoin’s main network has not been officially launched, many of the above projects have been deployed on the test online and provided player testing. There are currently many test tasks on InfinityAi to help players familiarize with the operation on the chain.
Fractal Bitcoin current situation
Fractal Bitcoin is currently in the test network stage. You can use the test token to the official watershed website, or through the test network mining method. Fractal Bitcoin uses the same POW consensus mechanism as Bitcoin. BTC miners can use the current ASIC, GPUs and GPUs andOther existing hardware is seamlessly converted to Fractal block mining, and provides an original combined mining mechanism Cadence Mining (rhythm mining). There are two types of Permissionless mining and merge mining (Merge Mining).The combination of mining models is based on one cycle every 3 blocks, of which 2 blocks are generated by “unable to mine”, and one block is generated by “merging mining”.
According to the official website, the main network will be officially launched in September.
The potential and influence of Fractal Bitcoin
Fractal Bitcoin is expected to significantly improve the transaction efficiency of the Bitcoin network. Through its recursive expansion layer structure, Fractal Bitcoin can greatly improve trading speed and processing capacity.Open new application scenarios.
In addition, Fractal Bitcoin provides developers with a broader space. Due to its compatibility with Bitcoin’s core code, developers can explore new possibilities in the familiar technical framework, thereby promoting the innovation of the entire Bitcoin ecosystem innovation systemEssence
Author
The biggest highlight of Fractal Bitcoin is definitely because of its hands from the UniSAT team jointly invested by the two exchanges of Binance and OKX. The achievement of the Unisat team in the BRC20 trading market has made all products look back.The issued token assets $ Pizza also performed well in the currency price and won the praise of many retail investors.
But aside from the team’s halo, I can’t see what the Fractal Bitcoin has an obvious advantage with other Bitcoin -based public chains in the project document or official website.For example, the document and the official website are too simple, and it has not disclosed the details of the Fractal Bitcoin operation. The general content of the documentation is to explain how to use the Fractal Bitcoin but did not introduce the Fractal Bitcoin itself.
In addition, whether Bitcoin really needs a public chain reaching functionalization. The author believes that it has not yet owned this demand. There are many Bitcoin L2 public chains on Fractal Bitcoin, such as Merlin, B² Network, etc.Without favors of real players, most of the assets only stop at the stage of airdrop mining. Most of the Bitcoin ecological chain players do not need complicated features, just hype the concept of assets on the Bitcoin chain.
Of course, because Fractal Bitcoin does not use L2 in the architecture, but it is more like a side chain in the form of L2, but it may be able to make its heat from going online by the addition of miners.
The author also looks forward to playing different gameplay such as Fractal Bitcoin can play with other Ethereum DEFI ecology or native Bitcoin, BRC20, RUNE and other new currency distribution gimmicks.
