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Fractal Bitcoin—a sidechain scaling solution for Bitcoin BTC $56,000 that uses the Bitcoin core code—could potentially provide miners with an additional source of revenue

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Release: 2024-09-06 06:04:13
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Conversely, fractal Bitcoin could end up slashing mining revenues.

Fractal Bitcoin—a sidechain scaling solution for Bitcoin  BTC  ,000  that uses the Bitcoin core code—could potentially provide miners with an additional source of revenue

Fractal Bitcoin (FBTC), a sidechain scaling solution for Bitcoin (BTC), has the potential to either boost or reduce mining revenues.

FBTC is merge-mined with Bitcoin, allowing miners to simultaneously mine both cryptocurrencies with the same hardware. This could provide an additional revenue stream for Bitcoin miners, especially in the competitive post-halving environment.

However, Fractal Bitcoin also supports the BRC-20 token standard and aims to be a faster and cheaper scaling solution for the Bitcoin base layer. This could reduce network fees generated by demand for non-fungible tokens on the Bitcoin network, ultimately decreasing miner profits.

Despite the initial surge in tokenized assets on the Bitcoin network, such as Bitcoin Runes and ordinals, which drove up miner revenues, these fees have since collapsed.

Wenn Fractal Bitcoin und andere Bitcoin-Layer-2-Lösungen an Bedeutung gewinnen, könnte dies zu einem Szenario führen, das dem im Ethereum-Netzwerk beobachteten Layer-1-Umsatzeinbruch ähnelt.

Nach der Einführung des Dencun-Upgrades, das die Gebühren für Layer-2-Transaktionen auf Ethereum drastisch senkte, sind die Gebühren auf der Layer-1-Ebene des Netzwerks stark gesunken.

Dies führte zu einer massiven Verlagerung hin zu Layer-2-Netzwerken, da Händler versuchten, die hohen Gaspreise auf der Basisschicht zu vermeiden. Infolgedessen sind die Layer-1-Einnahmen auf Ethereum zusammengebrochen.

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