Fractal Bitcoin Launched on Mainnet: Self Custody and BRC20

Fractal Bitcoin Launched on Mainnet: Self Custody and BRC20

By Novasky | DevPress | 27 Sep 2024


Fractal is a bitcoin layer 2 chain that is about to make the smart contracts, self custody system and the BRC20 protocol based utility is about to be released for the public. So the bitcoin layer 2 would offer you more features and the benefits too especially for the swap and bridge. 

Bitcoin’s layer 2 is growing. And they have developed the BRC20 protocol on the layer2 and the variety of the assets are being launched on the layer. Recently the Fractal Bitcoin a layer 2 on bitcoin is sent to mainnet live and variety of services were launched.

Fractal has been getting the developer grants for the further development and more developers are being invited for the work and the grants and the funds have been allocated for the same.

Twitter of fractal has updated the mainnet launch thread and added the information on the upcoming roadmaps too.

 

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Fractal has the self custody solutions being launched on the layer too. So this would be competing with the variety of the projects on the Ethereum too. So that’d be a good direction for many projects to allow options to choose from the wallets like OkxWallet and UniSat wallet.

Pizzaswap is currently working with the BRC20 protocol and then the assets would be usable through the chain layer 2 that way. It’d be possible for the native assets to be launched on the Bitcoin too.

Variety of the mining pools and the miners are also going to join after the mainnet live, it’d be possible for the blockchain to develop further.

Bitcoin is growing on the layer 2 and that’s a direction to further monitor development of BTC. Let’s see where community takes this ahead in context of Bridge and Swap!

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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