Sep 9, 2024, 10:09 PM
Sep 9, 2024, 12:00 AM

OKX Explorer boosts Bitcoin ecosystem with Fractal integration in Singapore

Highlights
  • OKX Explorer has integrated Fractal, a Bitcoin scaling solution that enhances transaction throughput while maintaining compatibility with Bitcoin Core software.
  • The integration supports emerging Bitcoin standards like Ordinals, Runes, and BRC-20, enabling users to monitor transactions easily.
  • This collaboration aims to improve scalability and transparency in the Bitcoin ecosystem, benefiting developers and users alike.
Story

On September 9, 2024, OKX Explorer announced its integration with Fractal, a Bitcoin scaling solution that enhances transaction throughput while adhering to Bitcoin Core software. This collaboration aims to provide advanced tools and comprehensive coverage for developers and the onchain community, particularly in the rapidly evolving Bitcoin ecosystem. Fractal's dynamic scaling capabilities and fast block confirmation times make it suitable for internet-scale applications, ensuring that users experience quick transaction confirmations and real-time updates. The integration also supports emerging Bitcoin standards such as Ordinals, Runes, and BRC-20, allowing users to easily monitor and verify transactions involving these new digital assets. OKX Explorer's advanced tracking capabilities complement Fractal's features, promoting transparency and trust within the ecosystem. With over 4.8 million wallet addresses and more than 9.1 million users, Fractal has demonstrated significant activity, showcasing the potential for high-volume performance. Moreover, Fractal's testnet has recorded over 12.5 million active addresses in just 24 hours, with a notable 10.6 million addresses participating in Ordinals transactions. This impressive performance highlights the robust capabilities of OKX Explorer, which provides users with seamless access to detailed, real-time data insights. The integration is expected to unlock new possibilities for advanced scripting and smart contracts, particularly with the potential enablement of OP_CAT. Overall, this partnership signifies a major step forward in enhancing the Bitcoin ecosystem, offering users innovative features and improved scalability while reinforcing OKX's commitment to transparency and security in blockchain technology.

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