Fractal Bitcoin has unveiled FIP-101, a proposal to establish a standardized data indexing service within its block reward system. Developed by the UniSat team, this initiative seeks to create an open-source, permissionless indexing service managed by core contributors. The service aims to standardize parsing methods and output structures for various protocols, including inscriptions and tokens.
The proposal suggests modifying the block reward distribution to a 1:1:1 ratio among collaborative mining, free mining, and data indexing. Additionally, it introduces a non-custodial staking mechanism using Taproot scripts, enabling users to stake FB tokens to indexing service instances for rewards.
Fractal Bitcoin Proposes FIP-101 for Standardized Data Indexing
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
