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About Fractal Bitcoin (FB)
What is Fractal Bitcoin?
Fractal Bitcoin is an innovative Bitcoin scaling solution that leverages Bitcoin Core code to enable recursive scalability across unlimited layers. By employing virtualization, it retains native integration with Bitcoin while facilitating infinite scalability. This design ensures that Fractal Bitcoin can handle internet-scale applications without compromising the principles and stability of the original Bitcoin blockchain. With seamless, scalable support for applications such as decentralized finance (DeFi), gaming, and NFTs, Fractal Bitcoin sets itself apart as a transformative tool for expanding Bitcoin's utility in the blockchain ecosystem.
Fractal Bitcoin’s approach combines structural simplicity with engineering ingenuity, allowing the Bitcoin network to dynamically expand its processing capacity without performance loss. Unlike conventional solutions, Fractal Bitcoin avoids the introduction of foreign constructs, instead maintaining full compatibility with Bitcoin's foundational infrastructure.
How Does Fractal Bitcoin Work?
Fractal Bitcoin introduces a self-replicating, virtualization-based method that scales Bitcoin by deploying multiple instances of Bitcoin Core (referred to as Bitcoin Core Software Packages or BCSPs). These instances operate as layers, each maintaining alignment and consistency with Bitcoin’s mainnet while enabling decentralized computation and transaction processing.
Virtualization: Fractal virtualizes Bitcoin Core, enabling multiple independent yet interlinked layers. Each BCSP instance operates within the Bitcoin network, facilitating unlimited scalability both vertically and horizontally.
Seamless Integration: Unlike Ethereum Layer 2 solutions, Fractal Bitcoin maintains direct consensus consistency with Bitcoin, eliminating the need for separate consensus mechanisms.
Hybrid Mining Architecture: Fractal Bitcoin employs Cadence Mining, a hybrid model combining permissionless and merged mining. This approach enhances security, decentralization, and economic incentives for miners.
Bridging Across Layers: Using the Fractal Elevator, assets can move seamlessly between layers, ensuring an interconnected ecosystem that promotes scalability without compromising efficiency or trust.
Enhanced Features: By introducing new opcodes like OP_CAT, Fractal Bitcoin fosters an innovation-friendly environment for developers, enabling the creation of advanced applications and smart contracts directly within Bitcoin's ecosystem.
Fractal’s recursive scalability and cost-effectiveness make it a robust solution for developers, miners, enterprises, and end-users seeking to leverage Bitcoin for cutting-edge blockchain applications.
Fractal Bitcoin Founding Team
Fractal Bitcoin was created by the team behind the Unisat wallet, a popular tool in the Bitcoin ecosystem. The project is spearheaded by Hannan Parvizian, who serves as its co-founder and CEO. The team’s expertise in blockchain technology and their commitment to enhancing Bitcoin’s scalability have been central to Fractal Bitcoin’s development.
A key innovation by the team is Cadence Mining, a novel mining process that allows Bitcoin miners to merge-mine with Fractal Bitcoin every three blocks. This not only ensures robust security for the Fractal network but also aligns its operations with Bitcoin’s proof-of-work (PoW) model.
With their deep understanding of Bitcoin’s architecture, the Fractal team has positioned the project as a transformative addition to the broader blockchain landscape.
Fractal Bitcoin Tokenomics
Fractal Bitcoin's tokenomics are designed to ensure long-term sustainability, network security, and community-driven growth. The total token supply is capped at 210,000,000 , with an equitable allocation model that prioritizes decentralization and incentivizes key ecosystem contributors.
Token Allocation
Proof-of-Work Mining (50%)
Half of the total supply is dedicated to PoW mining, ensuring network security and rewarding miners for their participation. This allocation aligns with Bitcoin's foundational model, enhancing reliability and decentralization.
Ecosystem Treasury (15%)
Reserved for investments and initiatives that promote ecosystem growth, innovation, and infrastructure development. Up to 10% of this pool can be used annually over a 10-year period.
Community Grants (10%)
Funds directed toward partnerships and liquidity programs to boost engagement and adoption. Allocated over a 10-year period with an annual usage cap of 10%.
Pre-Sale (5%)
Targeting early investors, these tokens fund initial development and operational expenses.
All pre-sale tokens are locked for seven months, with a linear release schedule over 12 months.
Advisor Allocation (5%)
Reserved for advisors offering strategic guidance. Distributed over five years, with a 20% annual release cap.
Core Contributors (15%)
Allocated to the team building and maintaining Fractal’s infrastructure. These tokens are subject to a seven-month lock-up and gradual release over 12 months.
Key Highlights
Decentralized Focus: 80% of tokens are allocated to the community, ensuring that network participants—miners, developers, and users—benefit directly.
Sustainability and Growth: The tokenomics model balances immediate needs with long-term stability, promoting innovation while safeguarding the network.
Alignment with Bitcoin: Fractal Bitcoin’s token distribution reinforces its integration with Bitcoin’s principles, ensuring consistency with its foundational security and economic model.
By designing a fair and sustainable tokenomics structure, Fractal Bitcoin creates a robust framework for fostering innovation and ensuring its ecosystem's longevity.