Expanding DeFi and NFT Applications
Ethereum’s dominance in DeFi and NFTs is well-established, with a variety of tools and standards such as ERC-20 tokens and ERC-721 NFTs. However, by bridging Ethereum and Fractal Bitcoin, these applications can be expanded even further. Fractal Bitcoin’s support for BRC-20 tokens and Ordinals (a form of NFT unique to Bitcoin) allows users to create and transfer tokenized assets on Bitcoin, with the added benefit of fast transaction speeds. These assets can then be transferred to Ethereum’s marketplaces for broader exposure and trading opportunities, effectively creating a two-way market for NFTs and DeFi instruments.
For DeFi applications, this integration means that users can enjoy the best of both worlds: fast transactions and low costs on Fractal Bitcoin, combined with Ethereum’s sophisticated DeFi infrastructure. Projects built on Ethereum can benefit from Fractal Bitcoin’s efficiency, reducing the load on Ethereum during peak times while still maintaining access to Ethereum's vast financial tools.
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