Fractal Bitcoin Launches Mainnet for Enhanced Scaling

The team behind Fractal Bitcoin, a scaling solution for the leading cryptocurrency, has launched its mainnet.

? The Fractal Mainnet is LIVE! ?

We’re thrilled to announce that Fractal’s first block has been mined, marking the beginning of a new era for scaling Bitcoin natively. ? Fractal’s genesis block carries the same message as Bitcoin’s: “The Times 03/Jan/2009 Chancellor on brink… pic.twitter.com/YtjGG47Z7a

— Fractal Bitcoin (@fractal_bitcoin) September 9, 2024

This second-layer protocol operates as a sidechain and utilizes the Bitcoin Core codebase without any “external constructs.”

According to the website, block confirmation on the network takes 30 seconds, with a 20-fold increase in each layer’s capacity achieved through recursive layering.

The L2 solution supports existing Bitcoin infrastructure and enables the creation of decentralized applications within the ecosystem, thanks to dynamic scaling. The team claims that over 100 projects, including dapps in DeFi, NFT, gaming, and other sectors, are “already preparing to launch on Fractal.”

At block #21,000, assets on BRC-20, Runes, Ordinals protocols, as well as the decentralized exchange PizzaSwap, will become available on the network.

The Fractal Bitcoin (FB) token is used for paying transaction fees, accessing nodes, and services. Following the integration of the OP_CAT proposal, the project plans to launch a voting platform, allowing network asset holders to participate in governance.

Fractal Bitcoin initially received support from wallet teams Unisat and OKX.

Earlier, ForkLog reported on the main Bitcoin scaling methods capable of bringing approximately $1.2 trillion in liquidity to DeFi.