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.
Lorenzo shares insights into the development of Unisat, a platform that saw massive growth during the BRC-20 craze in 2023. He clarifies that the real number of active users is around 100,000 to 200,000, rather than the inflated figure of 1 million often cited.
Lorenzo’s latest project, Fractal Bitcoin is a new type of Bitcoin extension designed to enhance scalability and usability without forking Bitcoin itself. He explains the concept of “cadence mining,” a mechanism that allows for merged mining of both Bitcoin and Fractal blocks, with a 1:2 BTC:Fractal block production ratio. Fractal Bitcoin aims to offer a simple extension of Bitcoin, with a block reward system initially set at 25 Fractal Bitcoins (FP), and a total supply ten times that of Bitcoin.
Lorenzo also touches on the challenges and innovations surrounding BRC-20 tokens within the Fractal ecosystem, including the complexities of bridging assets between Fractal and Bitcoin mainnet. He expresses excitement about the potential for new applications, particularly those requiring high transaction volumes, to flourish on Fractal due to its lower transaction costs and faster confirmation times.
Lastly, Lorenzo highlights the significance of Nostr, a peer-to-peer messaging protocol, as a fundamental component of the broader ecosystem he envisions. He believes that integrating Bitcoin, Nostr, and other decentralized technologies will create a scalable, limitless digital universe, reinforcing Bitcoin’s role as a foundational infrastructure for future innovations.
