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Botanix Labs

Botanix Labs  

374 Watchlists

Blockchain

Status

The Botanix Labs team has decided to shut down the project. For more information, please check the official announcement: https://x.com/botanix/status/206....

General Info

Funds and Backers

Description

Botanix is a decentralized Layer 2 EVM on Bitcoin.

Airdrop is Live

Status:

Potential

Potential

Task Type:

Bounty Platforms, Hold

+4

What is Botanix Labs?

Botanix Labs is building a fully decentralized, EVM-equivalent Layer 2 on Bitcoin to harness its security and decentralization for dApp development. It aims to combine the versatility of the Ethereum Virtual Machine with the robustness of Bitcoin, using a Proof-of-Stake consensus layered on Bitcoin's Proof-of-Work. This innovative approach involves securing stakes with bitcoin in decentralized multisig wallets, part of the Spiderchain network, to ensure maximal security and decentralization for applications.