F*ck it we Fractal Now

Play Video

In this episode, Charlie and Colin focus on Fractal Bitcoin, a new sidechain from Unisat. They discuss its unique consensus mechanism that combines merged and “permissionless” mining, raising concerns about centralization and scalability as the blockchain grows. Charlie also points out potential future issues with hardware demands due to Fractal’s increasing chain size.

The discussion shifts to Fractal’s pre-mined tokens and potential market sell pressure as investor tokens unlock. Despite their critical views, Charlie and Colin find Fractal to be a fascinating experiment with the potential to significantly impact mining marketplaces and future blockchain developments.

Follow our hosts: @cbspears @AsILayHodling

:wave:Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.


Chapters:

**Timestamps:**

00:00  Intro

01:50  Charlie goes to Singapore

03:41  Fractal Bitcoin and its issues

05:12  Fractal blockchain size & node centralization

07:16  Fractal mining and game theory implications

19:10  Tokenomics: Pre-mined supply and potential sell pressure

46:12  Impact of Fractal Bitcoin on cloud mining marketplaces and final thoughts

Related Episodes

For this week's Writer's Room, Charlie and Colin talk about the comeback of memecoins (and why the mania will probably not come to bitcoin) and Swan Bitcoin's mining lawsuit.
Oct 10, 2024
Alkimiya, recovering ordinals prices, and ord 0.20.1 is out! Charlie reviews the ordinals & bitcoin season 2 news + metrics.
Oct 08, 2024
Chad Masterson riffs with Charlie about the long and storied history of ordinals metaprotocols, token schemes, and how the OPNET team is shipping an indexer-side smart contract system *without a token*.
Oct 04, 2024
Charlie Spears discusses the trend combining Bitcoin mining with speculative elements from NFTs, ordinals, and sidechains. He highlights how Bitcoin mining has evolved beyond its traditional scope, now has a distinct "degen" component.
Sep 10, 2024
Over time, UTXO expanded into publicly traded Bitcoin miners and products, eventually investing in ordinals and exploring native yield opportunities on Bitcoin's layer 2s. He notes the firm's forward-thinking approach in helping clients navigate Bitcoin’s financialization, as well as how ordinals marked a significant shift in the ecosystem.
Sep 05, 2024
Bablyon's now live - what's next for the chain? Enter SatLayer, a restaking protocol for Bitcoin.
Aug 29, 2024
We're highlighting a shift in venture capital interest toward Bitcoin, indicating that funds traditionally allocated to the broader crypto landscape are now increasingly flowing into Bitcoin projects. Significant investment rounds, with notable recent raises amounting to over $100 million in the past year suggest a growing confidence in Bitcoin-specific ventures.
Aug 26, 2024
Lorenzo, the founder of Unisat, describes his journey from working in the gaming to building the most dominant company in Ordinals. He reflects on how his background as a game programmer fueled his interest in creating vast, interconnected digital universes, which eventually led him to explore blockchain technology.
Aug 22, 2024
Metaprotocol Mania is heating up: Fractal Bitcoin, OPNET, SUBFROST, indexing, BRC20s might be changing?
Aug 19, 2024
Now, listen here

Get updates on new episodes and a whole lot more

By subscribing, you agree to the Blockspace Privacy Policy and Terms and Conditions.