Fractal Bitcoin (FB)
Rank #420
Market snapshot
- Price
- $0.34901
- Market cap
- $38.0M
- 24h volume
- $986,012.63
- Circulating supply
- 108,882,399.946
- Total supply
- 156,132,375
- Max supply
- 210,000,000
What is Fractal Bitcoin?
Fractal Bitcoin is designed to enhance the Bitcoin ecosystem by introducing unique mechanisms for mining and staking. It allows users to engage in activities such as index mining and liquidity provision. This system supports a decentralized network where users can earn rewards by participating in various activities.
How Fractal Bitcoin works
Fractal Bitcoin employs a mechanism known as Index Mining, which serves as the block reward system. Users can stake their FB tokens with an indexer to earn block rewards. Additionally, the platform allows users to swap, provide liquidity, and earn Brc-20 assets without experiencing block waiting times. The public testing phase for Index Mining and Staking is currently live, enabling users to participate actively in the network.
Key information
- Symbol
- FB
- CMC rank
- #420
- Network / platforms
- N/A
- Categories
- N/A
- Date added
- Sep 12, 2024
Key characteristics
Fractal Bitcoin is categorized under the bitcoin-ecosystem by CoinMarketCap. It features a public testing phase for Index Mining and Staking, allowing users to earn rewards. The platform facilitates seamless asset swapping and liquidity provision, enhancing user engagement within the Bitcoin ecosystem.
Documented uses
Fractal Bitcoin extends the utility of Bitcoin by integrating with UniSat, the first open-source Bitcoin extension wallet that supports Ordinals. This integration allows users to stake FB and earn rewards, further promoting the use of Bitcoin in various applications.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Fractal Bitcoin?
- Fractal Bitcoin (FB) is a cryptocurrency that operates within the Bitcoin ecosystem, focusing on innovative mechanisms for mining and staking.
- How does Fractal Bitcoin work?
- Fractal Bitcoin employs Index Mining as its block reward system, allowing users to stake their FB tokens and earn rewards while facilitating seamless asset swaps and liquidity provision.
- What are the technical characteristics of Fractal Bitcoin?
- Fractal Bitcoin is categorized under the bitcoin-ecosystem by CoinMarketCap and features a public testing phase for Index Mining and Staking.
- What are the risks associated with transferring Fractal Bitcoin?
- Digital asset prices can be volatile, and users should verify addresses and networks before transferring. Self-custody requires secure handling of private keys.
- Where can I find official resources for Fractal Bitcoin?
- Official resources for Fractal Bitcoin can be found on their website at https://fractalbitcoin.io.
- How can I verify the acquisition of Fractal Bitcoin?
- Verify the asset name, network, and destination details before transferring Fractal Bitcoin.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
