Our founder, @WillemSchroe, shares insights on the need for an L2 solution atop Bitcoin.
Bitcoin and Ethereum have both served as catalysts for advancing crypto and blockchain technology
Our Botanix Protocol is the solution ⬇️🧵
https://t.co/ViElPzmssg
We're excited to share our roadmap for the future of Botanix!
Our team is focused on making it easier and faster for developers to build secure, scalable, and user-friendly DApps.
Here's what we have in store.
🔗 Seamless Integration
Botanix is an intermediary between the Bitcoin and Ethereum networks.
Use decentralized exchanges, lend and borrow money, trade NFTs, and more on Bitcoin, just like you do on Ethereum.
Doing what should’ve been done a long time ago 😉
Botanix's layered approach ensures a seamless and robust experience, fostering an interconnected crypto ecosystem.
Redefine your blockchain experience with Botanix.
We're paving the way for a seamless transition from Bitcoin's UTXO model to Ethereum's account model.
Unleash greater flexibility and functionality today with Botanix.
Join the testnest: https://t.co/BvEar5iLdX
Discover the core principles of the Botanix Protocol straight from the visionary behind it all 👀
Our founder @WillemSchroe delves into the topic in an exclusive podcast interview with @defitrader_.
Botanix Labs is committed to empowering developers in building innovative DApps.
Enjoy a wealth of resources tailored to support your goals:
✅ Detailed documentation
✅ Step-by-step tutorials
✅ A devoted support team.
Access it all 👇
https://t.co/eBd1gSnNq3
The Botanix Protocol sets itself apart from other platforms because of its unique features:
🔸 Runs on Bitcoin
🔸 Fully EVM equivalent
🔸 Stake Bitcoin and earn yield.
There's a lot more to it.
Check out @WillemSchroe's interview on @PaulBarrontv.
https://t.co/t3uyQAJnwV
Crypto evolves constantly, and innovations emerge that change the way we experience Bitcoin, such as:
🕷️The Botanix Protocol
⚡ Bitcoin Lightning Network
Together, they could reshape Bitcoin's future.
Explore the possibilities with @WillemSchroe ⬇️
https://t.co/zy83CMYLDB
The Botanix testnet launch is approaching!
This is an incredible opportunity for developers to put their DApps to the test before the mainnet launch.
Tune in and hear our founder, @WillemSchroe, discuss our plans with @PaulBarrontv.
https://t.co/t3uyQAJnwV
The power of EVM combined with the unyielding security of Bitcoin? That’s Botanix.
Botanix enables developers to build robust dApps on a platform that merges the best of crypto.
Do you want to give it a go?
Apply now 👇 https://t.co/BvEar5iLdX
Essentially, Spiderchain Orchestrators play a vital role in ensuring the reliability of our Spiderchain ecosystem.
Want more insights? We document all this and more!
Dive deeper today ⬇️
https://t.co/YZZ4H55lmY
Erratic node behavior isn't taken lightly. Orchestrators may have their stakes slashed for inactivity, incorrect block proposals, wrong multi-sig signing, or failing to validate correctly. Staying active is key to Spiderchain's integrity.
The exit process is straightforward and consists of three steps:
1. An Orchestrator signals the desire to exit.
2. Orchestrator's multisigs are replaced by new Orchestrators.
3. When multisigs are replaced, the original stake is returned to the Orchestrators.
New Orchestrators stake collateral and run a full node. Once integrated, they earn BTC rewards. Potential Orchestrators can send their request to join a designated block Orchestrator.
Do you know how Orchestrators work?
They run the Botanix protocol and provide liquidity to participate in the Spiderchain to construct new blocks, mint, and burn the BTC on Botanix.
Read on to go even more in depth! 🕷️🧵