🔥Recently, the Bitcoin ecosystem has launched a new gameplay called "Fractal Bitcoin" @fractal_bitcoin
This project has just been launched and announced an airdrop of 1 million $FB to users of @unisat_wallet and @okx Wallet 🎁
The current price of $FB is very strong, and if you are eligible to participate in the airdrop, each account can get a minimum return of about $200.
1/🧵What is fractal Bitcoin?
It is a public chain based on Bitcoin, which adds some layered technologies to the main chain to further strengthen the technical details.
✅The core code of Bitcoin has not been changed, allowing the Bitcoin ecosystem to conduct more DeFi activities while maintaining network security. 🔒
✅The transaction confirmation speed has been greatly improved. The confirmation time of each block of Bitcoin is only 30 seconds, and the transaction speed is increased by 20 times.
2/🧵OPCAT Instructions and CAT20 Inscription Projects
The OPCAT instruction, which is not supported by the Bitcoin mainnet, is used on fractal Bitcoin, which made the CAT20 inscription project a popular game last week.
3/🧵Support behind the project
This project is developed by Unisat team✨ It is backed by major investment institutions such as Binance Labs and OKX, and has attracted much attention from the market.
With the price of $FB rising rapidly, it has sparked a lot of discussion in the Chinese-speaking market.
4/🧵Mechanism and Mining
Fractional Bitcoin uses a proof-of-work (PoW) mechanism, with 50% of tokens as mining rewards.
💰It is a good opportunity for Bitcoin miners to mine BTC and $FB at the same time, with high profits.
Therefore, this project is currently highly controlled by some miners.
5/🧵Liquidity and Buying $FB
Since the TVL of the entire Pool is very small, and it is controlled by miners, the liquidity is not high.
📈As a result, the price of $FB rose rapidly, making it relatively difficult for retail investors to purchase large amounts of $FB.
📌If you are interested in trying to buy $FB, you can use the DotSwap trading platform. Gate.io will also list $FB‼ ️
6/🧵Future potential
In the future, with the opening of Ordinals (now open) and Runes, it may further promote the popularity of Fractal Bitcoin.
In addition, many small projects are in preparation for the Fractal mainnet, such as the Meme launcher.