UniSat founder and CEO Lorenzo said on the X platform that rapid progress has been made in the implementation of smart contracts and cross-chain bridges. In terms of smart contracts, Fractal launched OP_CAT in the testnet reset today and plans to activate it on the mainnet from September 1. Regarding cross-chain bridges, 3 to 5 methods are being developed to transfer assets from the Bitcoin mainnet to Fractal. And said there is a strong developer plan to promote the practical application of Bitcoin expansion. In the next few years, the Bitcoin system has four pillars: compatibility, composability, parallelism and scalability. Fractal is strengthening these four aspects in different ways.
Compatibility: BRC-20, RUNE and some other Bitcoin protocols will be natively supported, and a modular approach will be adopted to make them interoperable and compatible with Bitcoin;
Composability: Advanced Bitcoin virtual machines will be gradually enabled to build modern applications within TapRoot (so that compatibility can be maintained at the blockchain level). We also experimented with an off-chain execution model, brc20-swap (which may become Fractal Swap or PizzaSwap in the future);
Parallelism: The UTXO model with stateful tx-chains enables services to be executed locally without interfering with other services, resulting in extremely high localization and efficiency without having to worry about global state;
Scalability: Think of the Bitcoin blockchain as the backbone of a new system that will need to have thousands of Fractal instances built around it. Bitcoin as a blockchain just needs to exist. The scalability of the entire system is key.