What is Fractal Bitcoin: Fractal Bitcoin is a Bitcoin native extension solution supported by Unisat, which aims to use the Bitcoin core code to recursively expand infinite layers to create a faster and lower-cost Bitcoin on-chain transaction solution.
Fractal Bitcoin creates a multi-layer extension mechanism to recursively generate multiple extension layers on the Bitcoin main chain to improve transaction processing capabilities. The project uses the same PoW consensus mechanism as Bitcoin and introduces rhythm mining, combining permissionless mining and merged mining to improve mining efficiency. In addition, Fractal reapplies the OP_CAT opcode from the early version of BTC, providing developers with more powerful script processing capabilities, so various MINTs based on CAT20 have recently become popular and generally occupy social media.
Currently, the market value of FB has been hyped up to 6 billion US dollars. The over-the-counter price is 40u/coin. The reason why it can be hyped up so high is because it is all over-the-counter transactions. The chips are not transparent, and the project team has joined forces with several big companies to control public opinion. The next step may be to hype up to 100U/coin.
Can FB be compared with the phenomenal pumpfun and brc20? First of all, the threshold of FB is high. Only those who hold FB are willing to go to this broken casino to play, so many studios have emerged to do proxy business. The reason why solana's pump became popular is that there were various celebrity coins that brought traffic in the early days, and the threshold for users to rush was lower. The model is simpler and more friendly. Why is the inscription awesome? Because the inscription can go beyond the circle, it is an innovation in asset issuance, which was absolutely a disruptive innovation at the time. Cat20 is more difficult and tends to be a small circle of PVP.
In addition, I personally believe that the solution of Bitcoin belongs to the category of side chain, and there is no significant difference in security from other Bitcoin second-layer extensions.
It solves the same old problem: scaling Bitcoin performance.
Although FB's external propaganda is that other solutions are no longer viable, in fact, although the many existing Bitcoin expansion solutions have their own problems, their performance expansion can already meet the current applications.
The problem now is that there are so many highways built, just like Ethereum, and there are many applications running on them, but there are no applications for large-scale users. How to break the circle and truly generate massive applications, this is what I will look at with new eyes.
