The Fractal Bitcoin community is currently discussing a significant transformation of the blockchain system. On the agenda is the implementation of a standardized solution for processing and structuring data from various protocols, which is to be embedded directly into the block reward mechanism.
Technical essence of proposal FIP-101
The UniSat team, a key developer in the Fractal ecosystem, has prepared a detailed proposal for implementing an open and license-free indexing system. Unlike centralized solutions, this架構 provides full transparency of the source code and the ability to operate without approval from governing bodies.
The system will cover processing of user metadata, tokens, and inscription protocols, unifying them into a single format. This approach eliminates the fragmentation of current indexing solutions. An indexing calculator will help participants estimate expected results and benefits from participating in this process.
Restructuring of the reward system
The most impactful change concerns the distribution of block rewards. Currently, the ratio between merged mining and free mining is 1:2. The proposal recommends moving to an even three-way distribution: merged mining, free mining, and indexing will each receive one-third of all rewards (1:1:1).
This change aims to incentivize active participation by indexers and attract a more decentralized network of participants.
Staking and incentive mechanism
To increase user engagement, the proposal suggests implementing a non-custodial staking based on Taproot scripts. This will allow FB token holders to lock their assets on a specific indexing instance and earn rewards proportional to their contribution.
This mechanism combines flexibility and security, giving participants full control over their funds while encouraging active involvement in the development of the network infrastructure.
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Fractal Bitcoin has introduced an updated reward distribution model with integrated indexing service
The Fractal Bitcoin community is currently discussing a significant transformation of the blockchain system. On the agenda is the implementation of a standardized solution for processing and structuring data from various protocols, which is to be embedded directly into the block reward mechanism.
Technical essence of proposal FIP-101
The UniSat team, a key developer in the Fractal ecosystem, has prepared a detailed proposal for implementing an open and license-free indexing system. Unlike centralized solutions, this架構 provides full transparency of the source code and the ability to operate without approval from governing bodies.
The system will cover processing of user metadata, tokens, and inscription protocols, unifying them into a single format. This approach eliminates the fragmentation of current indexing solutions. An indexing calculator will help participants estimate expected results and benefits from participating in this process.
Restructuring of the reward system
The most impactful change concerns the distribution of block rewards. Currently, the ratio between merged mining and free mining is 1:2. The proposal recommends moving to an even three-way distribution: merged mining, free mining, and indexing will each receive one-third of all rewards (1:1:1).
This change aims to incentivize active participation by indexers and attract a more decentralized network of participants.
Staking and incentive mechanism
To increase user engagement, the proposal suggests implementing a non-custodial staking based on Taproot scripts. This will allow FB token holders to lock their assets on a specific indexing instance and earn rewards proportional to their contribution.
This mechanism combines flexibility and security, giving participants full control over their funds while encouraging active involvement in the development of the network infrastructure.