UniSat Will Launch Swap on Fractal Bitcoin in September 2024
2024-07-08
Bittime – UniSat, a decentralized blockchain platform, has announced important developments regarding its Swap and Fractal Bitcoin products. Detailed information can be seen in the following explanation.
Important Announcement from UniSat
The following are the important points contained in UniSat's announcement:
1. Swap Update on Bitcoin Mainnet
UniSat has worked with L1F to standardize brc20-swap on Bitcoin mainnet. Most of the work has been completed, and the launch of Swap on mainnet is imminent.
2. Fractal Swap di Fractal Bitcoin
UniSat will launch Fractal Bitcoin in September, which offers the same Swap functionality as Swap on mainnet.
Fractal Swap will support assets such as BTC as a brc-20 wrapped asset and use brc-20 sats as a gas fee.
3. Migration Options for Early Adopters
Early adopters can move their assets through the green channel or wait for mainnet standardization to complete.
4. Rollup Mechanism in Fractal Swap
Fractal Swap will implement a Rollup mechanism, allowing users to earn transaction fees by sending packaged returns.
Check Today's Crypto Market:
About Fractal Swap UniSat
UniSat Swap is a product that allows users to exchange digital assets securely and decentralized on the Bitcoin mainnet.
Fractal Bitcoin is a Layer 2 scaling solution for Bitcoin designed to increase throughput and cost efficiency.
The launch of Fractal Swap on Fractal Bitcoin marks an important step for UniSat in expanding its reach and offering innovative asset swap solutions across the Bitcoin ecosystem.
The use of brc-20 sats as a gas fee in Fractal Swap is an innovation that allows users to transact at lower costs and more efficiently.
The Rollup mechanism in Fractal Swap provides an opportunity for users to earn additional income by contributing to network security and scalability.
How to stay updated about UniSat
The world of blockchain and decentralized finance (DeFi) is evolving rapidly with new innovations emerging constantly. To stay ahead, here are some things you can do You do:
1. Follow UniSat News and Announcements
Follow UniSat's social media accounts and blog for the latest information on Swap developments, Bitcoin Fractals and other initiatives.
2. Learn brc-20 and Rollup Technology
Take the time to understand the brc-20 and Rollup technologies used by UniSat. This will help You to better understand the benefits and potential of their solutions.
3. Join the Blockchain Community
Join an online community focused on blockchain technology and DeFi. Discuss the latest trends, emerging projects, and the future of the industry with other community members.
Also Read How To Buy Crypto:
Conclusion
The Swap update and the launch of Fractal Swap on Fractal Bitcoin demonstrate UniSat's commitment to bringing innovative and accessible DeFi solutions to the Bitcoin ecosystem.
This development opens up new opportunities for users to exchange digital assets safely, efficiently and cost-effectively.
How to Buy Crypto on Bittime
You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
