Hello everyone, I’m Paul from Coinmanlabs. Today I want to talk to you about a Unisat-related project - Fractal Bitcoin.

Before talking about the project, I would like to introduce Unisat to you.

Ten people, one billion

Since its inception, Bitcoin has been defined as "digital gold". Similar to gold, its main function is to store value. Although the concept of Bitcoin-related ecology has long existed, the development of Bitcoin's ecology has been stagnant for more than a decade until the emergence of Ordinals. Of course, Ordinals did not reach its peak at birth, but also experienced a period of lows. Few people discussed it, and most people in the market did not have much confidence in it, except for the Unisat team.

The Unisat team started by trading small images on BTC, and later moved their development center to the BRC-20 market. What really made them popular was the spread of the screenshot of Ordi 1,000 times in various WeChat groups.

I still remember that it was Labor Day in 2023, which completely changed the NFT ecology of BTC. Starting from April 28, the news of "$ordi per capita 1,000 times" spread in major WeChat groups, and then there were opportunities such as $nals, $UTXO, $elon, etc., which were 10 times coins. A large number of users FOMO entered the BRC-20 market. As long as the WeChat group related to BRC-20 was full in less than an afternoon. At that time, as the only entrance and exit of BRC-20 tokens on the chain, UniSat became a topic of discussion in the entire currency circle. Perhaps at that time, even UniSat itself would not have thought that its own market orders would cause the chain to be blocked.

It can be said that UniSat has made an indelible contribution to the success of BRC-20. They were the first to build the market and let more people know about BRC-20.

Of course, the popularity of BRC-20 also brought back benefits to the UniSat team. They attracted the attention of many institutions with their products and fees. At that time, there were rumors that the UniSat team had only 10 people but an institution wanted to acquire them at a valuation of 1 billion.

Q·What should I do when the craze subsides?

Lorenzo, the founder of UniSat, also said in an interview that the craze of BRC-20 will certainly fade, but it may come back at any time. The trend has been formed and we need to be prepared for the next outbreak at any time. UniSat will improve the user experience while safely protecting the user's inscriptions. In addition, new products are being tested.

This was said during the BRC-20 craze. Let’s see what they are going to do now?

Q. What needs to be improved?

If you participated in the last round of inscription boom, you would find it slow. At that time, people jokingly said that the technical capability of a chain would depend on whether it could withstand the "attack" of inscriptions.

In addition to being slow, it is also expensive. At that time, many people had to learn how to modify the default Gas in order to get the inscription on Bitcoin in time. Only in this way can your transaction be put on the chain earlier.

Fractal

Fractal is a concept in mathematics that describes complex geometric shapes with self-similar properties. Self-similarity means that the structure of a part of a shape is similar to the structure of the whole, that is, the characteristics of the shape remain consistent no matter at which scale it is observed. Fractal structures can be widely found in nature, such as snowflakes, coastlines, mountains, trees, and lightning paths.

Fractal geometry was proposed by French mathematician Benoît B. Mandelbrot in the 1970s, who studied many irregular shapes in nature and found that these shapes could be generated by simple recursive algorithms. The core idea of ​​fractal geometry is to find the inherent order and regularity in complex, irregular shapes.

Well, let's explain it in plain language. To explain fractals in plain language, we can understand it like this: Fractals are a special kind of geometric shape. Its characteristic is that no matter how many times you magnify it, it looks almost the same, like an infinitely repeating pattern. This shape is very common in nature and mathematics.

For example, imagine a tree. If you look closely, you'll see that the structure of the branches is very similar to the structure of the tree as a whole. Each branch is like a small tree, with smaller branches on top, which are like smaller trees. This is a natural example of a fractal.

Take the fractal tree in the figure above for example: a tree trunk has two forks (0); each fork can be used as a tree trunk, and it has two more forks (1); similarly, each fork can be used as a tree trunk, and it has two more forks (2); if we continue to do this, we will get the image of a fractal tree. Each of its parts is a reduction of the overall image, and is self-similar to the overall image.

For example, snowflakes are also fractal structures. Although each snowflake has a different shape, they all have a similar hexagonal structure, and the shape of each small branch is very similar to the shape of the entire snowflake.

We have introduced the meaning of Fractal above. Its main feature is its self-similar nature. Now let’s connect Fractal Bitcoin to see if the literal meaning is a “product” that is self-similar to Bitcoin and highly consistent.

Fractal Bitcoin

Project website: https://www.fractalbitcoin.io/

Twitter: https://x.com/fractal_bitcoin

Project Introduction: Fractal Bitcoin is the only Bitcoin scaling solution that uses the Bitcoin core code itself to recursively scale infinite layers on top of the world's most secure and highest-holding blockchain.

Project Analysis

We can see from the current official introduction that the main highlights of Fractal are: native, fast, dynamic expansion, consistency, and simpler cross-chain.

Q·What are some use cases of FRACTAL?

Stablecoins and other Bitcoin-native DeFi applications, Ordinals, large-scale games and other applications can be easily supported on Fractal. All applications are fully compatible with Bitcoin native. As mentioned above, it is fully compatible with the BTC ecosystem.

Q·How is Fractal Bitcoin different?

Fractal is a unique, infinitely scalable framework based recursively on top of Bitcoin Core software. It is fully and instantly compatible with Bitcoin and its infrastructure, enabling unprecedented Internet-scale applications.

Q·What is the goal of FRACTAL?

Fractal aims to extend the functionality of Bitcoin as a native scaling solution. Our core purpose is to be an extension of Bitcoin, facilitating the growth and adoption of Bitcoin itself. Focused on solutions targeting native Bitcoin.

Q·What is the use of FRACTAL tokens?

The Fractal token is called FB (Fractal Bitcoin). It supports transaction fees, node and service access, project launchpad, Fractal top layer, and ecosystem management.

Q·Why is it called Fractal Bitcoin?

Fractals are self-similar recursive properties. We believe that Bitcoin's expansion requires each layer to have the essence of a fractal: all layers are consistent, and the more layers that need to be expanded, the more reasonable the order. In essence, this is Bitcoin's fractal!

Consensus Mechanism

Fractal's consensus mechanism is proof of work - the same as Bitcoin. Miners can use existing ASICs, GPUs, and other hardware to mine blocks.

Fractal uses an innovative mining method called Cadence Mining to balance the benefits of merged mining and permissionless mining.

For every three blocks mined, two will be permissionlessly mined and one will be merged-mined. This preserves permissionless, free-to-use mining opportunities for the Fractal community while leveraging the strong security of the Bitcoin mainchain through merged mining.

As a native scaling solution, Fractal enables secure asset transfers across all layers starting from the Bitcoin mainchain.

Bitcoin as well as assets like BRC-20 and Ordinals can be bridged via a decentralized bridge. The underlying mechanism is a rotating MPC signature mechanism with dynamic replacement, taking into account specific aspects of the BRC-20 standard.

Coinmanlabs Thinking

1. Unisat has had successful experience and has been invested in by institutions such as OKX. There is no need to worry too much about marketing and promotion, such as Pizza some time ago.

2. In the BRC-20 boom, Unisat also withstood the pressure, which shows that its technical capabilities are also very strong and there is no need to question it.

3. Unisat also anticipated the problems that would arise under the BRC-20 craze and could provide the best solutions to these problems. This is because only when a product experiences the pressure of tens of thousands or even millions of people will it encounter more unexpected problems. These problems are what some products cannot encounter, let alone solve. Unisat has experienced such a situation, so the solution must be the trend pain point.