Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Experience Fractal Ecosystem Tutorial: The Next Bitcoin Ecosystem Explosion Point

BlockBeatsBlockBeats2024/08/20 07:42
By:BlockBeats

While you are playing Black Myth, 5 million addresses are waiting for this money-making opportunity

Fractal Bitcoin has become the hottest project in the Bitcoin ecosystem, and is also seen by many community friends as one of the biggest explosion points in the next wave of Bitcoin ecosystem.


As of the time of writing, the number of Fractal Bitcoin test network addresses has exceeded 5 million. This week, I have been pulled into at least ten Fractal Bitcoin groups by my friends one after another, which shows how popular it is. The current popularity of Fractal Bitcoin is inseparable from Unisat behind it. As one of the earliest builders of the Bitcoin ecosystem, Unisat has proven its strength over the years. For more information about Unisat and Fractal Bitcoin, see BlockBeats' exclusive interview with UniSat founder and CEO Lorenzo: Exclusive interview with UniSat founder: Fractal is Bitcoin's most loyal assistant, in which Lorenzo called Fractal Bitcoin Bitcoin's most loyal assistant.


In this article, BlockBeats will introduce in detail what Fractal Bitcoin is, how to get Fractal's water, and what projects can be interacted with in advance. (Tip: This article does not provide investment advice, but only records ideas. Pay attention to safety during the interaction, and it is best to use a new wallet.)


What is Fractal?


Fractal Bitcoin is a technology that enhances the functionality of the Bitcoin main chain by adding fractal layers to it. These fractal layers allow the Bitcoin network to process more transactions without changing its original code, ensuring the security and native compatibility of the network. The design goal of Fractal Bitcoin is to enable more decentralized financial (DeFi) activities to proceed smoothly on the Bitcoin network by increasing transaction speed and processing power.


The official introduction points out that Fractal Bitcoin improves transaction processing capabilities and speed by recursively creating infinite expansion layers on the Bitcoin main chain using the BTC core code. This technology not only maintains full compatibility with the existing Bitcoin ecosystem, but also greatly improves the speed of transaction confirmation and the scalability of the network.


Fractal Bitcoin has the following significant features:


1. Fast transaction speed: The block confirmation time of the Fractal network is about 30 seconds, which is much faster than the 10-minute confirmation time of the Bitcoin main chain. Its transaction processing capacity is 20 times that of the Bitcoin main chain.


2. Native compatibility: Since Fractal Bitcoin is developed based on the Bitcoin core code, it is fully compatible with existing Bitcoin wallets, tools and mining equipment.


3. Dynamic adjustment: Fractal Bitcoin's recursive system can automatically adjust the number of expansion layers according to the congestion level of the network to ensure efficient operation under any load.


4. Secure and traceable: All transactions conducted on the Fractal network can ultimately be traced back to the Bitcoin main chain, ensuring the security and verifiability of the transaction.


UniSat founder and CEO Lorenzo said on the social platform that rapid progress has been made in the implementation of smart contracts and cross-chain bridges. In terms of smart contracts, Fractal has launched OP_CAT in the testnet reset since August 13, and plans to activate it on the mainnet from September 1.


How to get Fractal's water?


Before using the Fractal Bitcoin network, users can familiarize themselves with and experience the functions of the system through its testnet. The testnet provides developers and users with a safe environment to test and verify transactions without taking risks in the mainnet. To participate in Fractal Bitcoin's testnet, users need to obtain the testnet token FBTC, which can be obtained for free through the following channels, commonly known as "getting water".


There are currently three main channels for collecting water:


1. Fractal Network Official Faucet: Visit link, this is the faucet website provided by Fractal Bitcoin, where users can collect test network tokens for free. The page in the figure will show the next time to collect water.



2. OP_NET Faucet: Visit link, another faucet that can be used to collect test network tokens, suitable for testing the Fractal Bitcoin ecosystem. Enter the address and you can collect water after completing the human-machine test (this channel sometimes fails)



3. Receive water from Fractal AI project InfinityAI: Visit the link, after entering the page, link the wallet, click the faucet in the lower right corner, receive water according to the prompts, and complete the interaction of the project by the way (not expanded here, see later for details).



4. Buy water in the market: The water obtained from the above water channels can be said to be negligible. If the demand is relatively large, friends with conditions can find more tutorials on the Internet to dig water by themselves. Friends without conditions can also buy water in some reliable OTC groups. Judging from the price of Xiaozhi OTC, the price of 1 FBTC is 0.5 dollars so far.



After obtaining water through these channels and participating in various tests, while preparing for the mainnet launch, ambush in advance to obtain more airdrop possibilities.


What are the ecological projects?


UniWorlds



UniWorlds is a metaverse project built on Fractal Bitcoin, aiming to provide a highly customizable virtual space for users in the Bitcoin ecosystem. The project is not only supported by Unisat Wallet and the leading user-generated content (UGC) platform, but also provides a variety of application scenarios for the Web3 community through its innovative tools and features.


UniWorlds consists of several key components, each of which supports user interaction and asset management in the virtual environment:Application: This core component facilitates user interaction in the virtual environment, allowing users to create and manage their own 3D virtual space through custom domain names;VA Market: This is a virtual asset market where users can trade in-game assets, providing users with a secure trading platform. Asset Launch Platform: The platform provides support for new projects to issue assets on Fractal, helping developers to quickly bring their ideas and projects to market. Asset Exchange Aggregator: Works closely with Unisat Swap to provide high liquidity and low slippage trading opportunities, ensuring that users can smoothly exchange assets.


Currently, .uniworlds domain names and Key of Destiny are core assets in the UniWorlds ecosystem. These assets not only have trading value in the market, but also provide holders with the opportunity to enter and participate in the UniWorlds metaverse.


Domain Name (.uniworlds): .uniworlds domain names are similar to traditional .sats domain name protocols. Each domain name corresponds to a 3D virtual space, and the owner has full control over the content and layout of this space. Domain names are not only the door keys to virtual space, but also the core tools for users to display and manage their digital assets. At present, .uniworlds domain names can no longer be obtained through minting, and users can only purchase them through the market. At present, the floor price of these domain names is about 0.00029 BTC (about 20 US dollars).



Key of Destiny: This is another important way to participate. The key not only gives the holder the right to governance and mining, but is also closely integrated with multiple functions on Fractal. Key of Destiny can be regarded as a special pass to enter the UniWorlds metaverse. The current floor price of Key is currently about 0.0049378 BTC (about $300).



InfinityAI


InfinityAI is one of the most popular projects on Fractal Bitcoin. As mentioned above, you can get water on the official website, and there are many test tasks to do.


The steps are as follows: Install the unisat wallet, which will not be described here. Then switch to the test network in the wallet, receive the test tokens, and enter the task page.



See that there are sign-in and multiple tasks displayed on the page. After completing them, you can get relevant points, and the interaction is completed.



Satspumpfun


Satspumpfun can be simply the Bitcoin version of pumpfun casino on Fractal Bitcoin. No one can deny the potential of meme coins in this bull cycle, and pumpfun may be more important than DEX for the new market now. With SatsPump.fun, everyone can launch a rule-free token with just a few clicks. There is no product on the official website yet, only an Alpha demo.



In addition, Satspump.fun has announced that it will conduct a BRC 20 airdrop, and the airdrop conditions are: holding $300 worth of whitelisted BRC 20 tokens (ORDI, SATS, PIZZA, SHNT, WZRD, HONK, RATS) or 3 Bitmaps in the wallet. The platform has also reached a cooperation with UniWorlds, the infrastructure of Bitcoin ecological chain games.


OP_NET


OP_NET is a new meta-protocol operating outside the framework of the Ordinals protocol, designed to address these limitations. OP_NET seamlessly integrates with Bitcoin through Tapscript, while introducing a comprehensive suite of smart contract functions. The core function of OP_NET is to transform the programmability of Bitcoin into the programmability of smart contract blockchains without any BIPs (Bitcoin Improvement Proposals).


In terms of function, OP_NET and Fractal Bitcoin seem to have some overlap, but OP_NET has also integrated the Fractal Bitcoin ecosystem, hoping to build smart contracts on Fractal Bitcoin and have its own wallet. The interaction process may achieve one-fish-two-fish, but there are also many Fractal Bitcoin ecosystem users who think that OP_NET is "touching" Fractal Bitcoin.



In addition, there are some interesting projects: DEX project Motoswap, prediction market project Aletheias Agora, NFT project Fractal Punks, rune project BAMK•OF•NAKAMOTO•DOLLAR, etc. I will not go into details about these projects, you can test them by yourself. This article does not provide investment advice, but only records ideas. Pay attention to safety during the interaction, and it is best to use a new wallet.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!