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Fractal Bit (Fractal Bitcoin)
· Core positioning: Bitcoin's second-layer network/sidechain, a native scaling solution.
· Technical Features: Based on Bit core code, performance is improved by constructing recursive hierarchical side chains.
· Main advantages: Fast transaction confirmation (about 30 seconds), large block capacity (claimed to be 20 times that of the Bitcoin mainnet), compatible with the Bitcoin ecosystem (such as BRC-20, Ordinals).
· Token (FB) Purpose: Used to pay network transaction fees, execute smart contracts, and participate in governance.
· Gate launch time: According to the official announcement of the exchange, it will go live on September 13, 2024.
Deep Dive into Fractal Bitcoin
1. Project Goals and Background
Fractal Bitcoin aims to address the long-standing scalability challenges of Bitcoin, hoping to significantly enhance its transaction processing capabilities while maintaining Bitcoin's security and decentralization. The main developers of this project are the well-known Bitcoin wallet UniSat and the crypto fund Block Space Force.
2. Token $FB details
· Total Supply: Fixed at 2.1 billion coins.
· Token allocation: designed to favor the community and miners.
· Proof of Work Mining: Accounts for 50% of the total, Bitcoin miners can use existing equipment to mine Bitcoin and FB simultaneously through "Cadence Mining."
· Ecosystem Treasury: 15%, used to support ecological development.
· Core Contributors: 15%.
· Community Grant: 10%.
· Pre-sale and consulting: each accounts for 5%.
· Recent Updates: Its native staking feature has been launched by the end of September 2025.