The invention belongs to the technical field of porcelain glaze of enamel, and particularly relates to a formula of cracking preventing porcelain glaze of enamel and preparation of the cracking preventing porcelain glaze of the enamel. After the cracking preventing porcelain glaze is coated on an enamel steel plate with porcelain about to be cracked and is baked, an enamel product comprising the cracking preventing porcelain glaze cannot be cracked. The cracking preventing porcelain glaze comprises SiO2, B2O3, Al2O3, Na2O, K2O, Li2O, CaO, TiO2, MgO, BaO, Co2O3, NiO, Fe2O3, MnO2 and CuO. After the components are uniformly mixed, uniformity of mixture of the components is larger than or equal to 98%. After the mixture is smelted in a smelting furnace at the temperature of 12200C-12800 DEG C, glass fibers are drawn, are discharged when each mile of the glass wires has 2-3 joints, and then are cooled and crushed. After the cracking preventing porcelain glaze is coated on the enamel steel plate with the porcelain about to be cracked, the enamel product comprising the cracking preventing porcelain glaze cannot be cracked.