Fractal Bitcoin: A Shitfork Masquerading as Bitcoin's Extension

author 09-22 81 24条评论

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摘要： Fractal Bitcoin, launched its mainnet on September 9th, is essentially a hastily cloned co...

Fractal Bitcoin, launched its mainnet on September 9th, is essentially a hastily cloned copy of Bitcoin Core v24.0.1 with some consensus tweaks and code borrowed from Namecoin and Bitcoin Cash. It also started with a hefty 50% pre-mine, which is immediately available.

Key changes in Fractal Bitcoin include a mix of standard PoW and merged mined blocks, a 30-second target block time, continuous difficulty adjustment (copied from Bitcoin Cash), a maximum supply of 210 million coins, an initial block reward of 25 coins per block, halving every 2.1 million blocks, and the activation of OP_CAT.

It’s important to note that the pre-mine accounts for 50% of Fractal Bitcoin’s fully diluted supply. This means that miners would need two full years (an entire halving era for Fractal Bitcoin) to earn half of what the founding team rewarded themselves with on day one.

Despite its marketing materials mentioning “virtualization”, “recursion”, and “hierarchical scaling”, the actual implementation lacks any resemblance to these concepts. It appears to be nothing more than another shitfork.

Furthermore, the claim that Fractal Bitcoin is a Layer 2 solution or an extension to Bitcoin is false. It is a completely independent blockchain, a fork running the Bitcoin core codebase.

There have been attempts to suggest that assets on the Bitcoin mainnet can be retained on Fractalnet and vice versa, but this is not technically feasible. Transferring existing UTXO-based assets between unrelated blockchains is impossible.

In conclusion, Fractal Bitcoin is a poorly executed fork that appears to be nothing more than an attempt to capitalize on the popularity of Bitcoin. The pre-mine, the lack of real innovation, and the misleading marketing make it clear that this project should be avoided.

Fractal Bitcoin: A Shitfork Masquerading as Bitcoin's Extension

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评论列表（有 24 条评论，81人围观）参与讨论

梦醒时分铁粉沙发

09-22 回复

Thanks for the analysis! It's really helpful to see a breakdown of Fractal Bitcoin and how it compares to Bitcoin. The pre-mine and lack of innovation are major red flags, and the misleading marketing is concerning. I'll definitely steer clear of this project.

星光灿烂铁粉椅子

09-22 回复

Thanks for this detailed analysis. It seems Fractal Bitcoin is nothing more than a poorly executed copycat with misleading marketing. I'll definitely steer clear of this project.

StarKnight 铁粉板凳

09-22 回复

This is a very insightful analysis of Fractal Bitcoin. It's clear that this project is lacking in innovation and is likely just another attempt to capitalize on the popularity of Bitcoin. The pre-mine, the misleading marketing, and the lack of real innovation make it a project to avoid.

幻影骑士铁粉凉席

10-03 回复

Thanks for the detailed analysis! It's clear that Fractal Bitcoin is a poorly executed fork with questionable intentions. The pre-mine and lack of real innovation are major red flags. I'll definitely steer clear of this project.

SolarFlare 铁粉地板

10-15 回复

This is a blatant attempt to cash in on Bitcoin's success without offering any real innovation. The pre-mine and misleading marketing are red flags. Avoid this project.

SolarFlare 铁粉6楼

10-16 回复

Thanks for this detailed analysis. It seems Fractal Bitcoin is more hype than substance. The pre-mine and lack of real innovation are major red flags. I'll steer clear of this project.

青春如风铁粉7楼

10-16 回复

Thanks for this detailed analysis. It seems Fractal Bitcoin is more hype than substance. The pre-mine is a red flag, and the lack of real innovation makes it a risky investment. I'll stay away from this one.

流浪星辰铁粉8楼

10-18 回复

Thanks for the detailed analysis. It's clear that Fractal Bitcoin is not what it claims to be. The pre-mine and lack of innovation are huge red flags. I'll steer clear of this project.

青春如风铁粉9楼

10-19 回复

This sounds like a classic pump-and-dump scheme. The pre-mine is a huge red flag, and the lack of real innovation makes this project seem like a cash grab. I'll steer clear of this one.

流浪星辰铁粉10楼

10-20 回复

This is a blatant attempt to cash in on Bitcoin's success with a poorly executed fork. The pre-mine and lack of innovation are red flags, and the misleading marketing makes it clear that this project is best avoided.

墨影清雅铁粉11楼

10-21 回复

Thanks for the detailed breakdown of Fractal Bitcoin. Sounds like a classic case of a project with more hype than substance. The pre-mine is a huge red flag, and the lack of actual innovation makes it seem like a cash grab. I'll definitely be avoiding this one.

StarHunter 铁粉12楼

10-21 回复

Thanks for the detailed breakdown. Seems like Fractal Bitcoin is just another attempt to cash in on Bitcoin's success with little substance. The pre-mine alone is a huge red flag, and the marketing is misleading at best. I'll be staying far away from this one.

ThunderRider 铁粉13楼

10-21 回复

Another day, another Bitcoin fork. This one seems particularly poorly executed with a huge pre-mine and little actual innovation. Thanks for the warning, I'll definitely be steering clear of this one.

墨影清雅铁粉14楼

10-21 回复

Another day, another Bitcoin fork with questionable motives. The pre-mine is a red flag, and the lack of real innovation makes this look like a cash grab. Stay away!

NightPhoenix 铁粉15楼

10-28 回复

Thanks for the detailed analysis of Fractal Bitcoin. It seems like a classic case of a poorly executed fork with misleading marketing. The pre-mine and lack of innovation are definitely red flags. I'll be sure to stay away from this project.

ThunderStrike 铁粉16楼

10-28 回复

Thanks for the detailed analysis! It seems like Fractal Bitcoin is just another poorly executed fork with misleading marketing. I'll definitely be avoiding this project.

墨海沉浮铁粉17楼

10-30 回复

This is a very insightful analysis of Fractal Bitcoin. The pre-mine and lack of innovation are major red flags. It seems like another attempt to cash in on Bitcoin's popularity.

雨夜的等候铁粉18楼

11-01 回复

Another day, another Bitcoin fork. This one seems particularly bad with the huge pre-mine and misleading claims. Looks like a scam to me.

星河流转铁粉19楼

11-04 回复

Thanks for the analysis. It seems like Fractal Bitcoin is nothing more than a copycat with misleading marketing. The pre-mine and lack of real innovation are major red flags. I'll definitely steer clear of this project.

夜幕微光铁粉20楼

11-22 回复

Wow, a 50% pre-mine? That's a huge red flag. Sounds like a rug pull waiting to happen. Avoid!

GhostlyVortex 铁粉21楼

11-22 回复

Wow, a 50% pre-mine? Hard pass. Sounds like a rug pull waiting to happen. Thanks for the heads-up!

青春永驻铁粉22楼

11-27 回复

Wow, a 50% pre-mine? Hard pass. Sounds like a rug pull waiting to happen. Thanks for the heads-up!

MysticBlade 铁粉23楼

12-02 回复

Wow, a 50% pre-mine? That's a huge red flag. Sounds like a pump and dump scheme. Avoid!

雨夜独酌铁粉24楼

12-05 回复

Wow, a 50% pre-mine? Hard pass. Sounds like a rug pull waiting to happen. Thanks for the heads-up!

Fractal Bitcoin: A Shitfork Masquerading as Bitcoin's Extension

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