Fractal Bitcoin (FB), a sidechain or Bitcoin (BTC) sidechain, announced on September 25 in a post on X that the protocol BRC-20 has been implemented in your network. This technology enables the creation and management of tokens fungible in bitcoin, and now also on FB.
The BRC-20 protocol is available as open source on Fractal, making it easier for developers to analyze and build BRC-20 related applications. Enabling and potentially migrating applications from the base chain to this sidechain could help keep fees low. Low transaction fees and fast confirmation times in Bitcoin.
When moving transactions from tokens BRC-20 to Fractalreduces the load on the BTC main network and this results in a decongestion of it, allowing for faster transactions with lower fees.
Fractal can handle an average of 177 transactions per second (TPS)while Bitcoin averages almost 6 TPS, according to BitInfoChartsIn addition, commissions on Fractal are cheaper than on Bitcoin.
This ability of Fractal to manage a higher trading volume than Bitcoin It is significant for the adoption of BRC-20 as transactions on Fractal can be confirmed more quickly, improving user experience and overall network efficiency.
Fractal Bitcoin also announced the implementation of the Runes protocol
He advertisement Fractal Bitcoin’s statement on the implementation of the BRC-20 protocol also noted that the company is working on adding other technologies of this standard to encourage its adoption by developers.
Such is the case of the Runes protocol. On September 14, FB communicated that This protocol will be activated at block 84,000At the time of writing, according to the data, the last block processed was 52,223.
Runes is a protocol of tokens fungible based on UTXO technology (Unspent Transaction Output). By using the UTXO model, Runes allows for efficient management of balances and transactions, improving the scalability of the network. In addition, Runes, being compatible with existing tools and applications in the Bitcoin ecosystem, facilitates the adoption of the network that implements it, such as FB.
Similar to what was described with BCR-20, Runes would provide further decongestion by moving operations from tokens fungible to the Fractal network.
Fractal Bitcoin too had reported On September 14, the Ordinals protocol was activated at block 21,000 of its network.
The mainnet (mainnet) of Fractal Bitcoin was launched on September 9, 2024, an event that was reported by CriptoNoticias. Since then, its adoption has been increasing, above all, it has shown a growing interest from users in the merged mining of BTC/FB, which gave miners an alternative source of income.