🌐Unveil Fractal Bitcoin--What is this, change the Bitcoin Network? | Gate.io Focusing

🔗Get Airdops at 0 cost at Gate.io! -Gate.io Startup Airdrop: www.gate.io/startup -Gate Web3 Startup Airdrop: www.gate.io/web3/startup 🌐What is Fractal Bitcoin and How Will It Change the Bitcoin Ecosystem?

Recently, the long-quiet Bitcoin ecosystem has regained attention, thanks to the mainnet launch of Fractal Bitcoin.

Known as "Fractal Bitcoin," this new Layer 2 solution is designed to speed up the Bitcoin network. The project officially launched on September 9, with a large airdrop of its native $FB tokens, sparking excitement and anticipation within the community.

⚡️Address Bitcoin’s Scalability Challenges

Since its inception, Bitcoin has faced issues with slow transaction speeds and high fees. As the cryptocurrency space has evolved, these challenges have become more pressing. While we've seen other innovations on the Bitcoin network, like Ordinals and Runes, none have truly solved Bitcoin’s scalability problem.

🍀Key Innovations and Advantages

One of Fractal Bitcoin’s biggest innovations is reducing Bitcoin’s block time from the traditional 10 minutes to just 30 seconds. This significantly speeds up transactions and increases network throughput. In addition, Fractal implements permissionless mining and merged mining with Bitcoin, ensuring decentralization and security while solving scalability issues.

Another major highlight of Fractal Bitcoin is its introduction of Turing-complete smart contracts, allowing advanced DeFi applications and complex NFTs to run on the Bitcoin network. Importantly, Fractal is fully compatible with the Bitcoin standard, meaning it doesn’t compromise Bitcoin’s original security and stability.

🌌First Projects and New Protocols

Since the Fractal mainnet went live, the first wave of prominent projects has emerged. The first token protocol, FLUX, sparked short-term FOMO, but it was quickly overshadowed by a new protocol called CAT 20. The CAT protocol includes both a fungible token standard (CAT 20) and an NFT standard (CAT 721).

In summary, Fractal Bitcoin’s launch not only accelerates Bitcoin transactions but also expands the network’s capabilities with smart contracts and a new mining mechanism. Do you think Fractal Bitcoin will revolutionize the Bitcoin network, or is it just another hype-driven trend?

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Timeline：

00:00 Intro 00:25 P1: What is Fractal Bitcoin? 01:38 P2: Key competencies of Fractal Bitcoin 03:21 P3: Tokenomics & Top projects on Fractal 04:30 Conclusion

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