Botanix Labs has formally launched its Bitcoin Layer 2 mainnet in partnership with Chainlink, bringing Ethereum-style programmability, lightning-fast transactions, and sturdy DeFi infrastructure to the world’s largest cryptocurrency.
The collaboration between Botanix and Chainlink is a strategic leap for each safety and interoperability within the blockchain area. Chainlink’s decentralized oracle community will present Botanix with dependable knowledge feeds and safe off-chain computations, making certain that DeFi purposes on the brand new mainnet function easily and securely.
Botanix Mainnet Constructed With Chainlink’s Oracle
For years, Bitcoin has been celebrated as digital gold—a safe, decentralized retailer of worth. However its restricted programmability and gradual transaction speeds have left it trailing behind blockchains like Ethereum within the race to energy decentralized finance (DeFi) and sensible contracts. The layer 2 mainnet, constructed with Chainlink’s oracle and interoperability know-how, goals to vary that narrative.
- Block occasions slashed from 10 minutes to five seconds
- Transaction charges as little as $0.02
- Full Ethereum Digital Machine (EVM) compatibility
- Over 40 stay purposes at launch, together with buying and selling, lending, staking, and extra.
The partnership relies on these key components
- (*2*) Knowledge Feeds: Powering real-time, tamper-proof knowledge for DeFi protocols on Botanix.
- Chainlink CCIP (Cross-Chain Interoperability Protocol): Enabling seamless token and knowledge transfers between Botanix and different blockchains, together with Ethereum.
- Chainlink Scale Program: Botanix is the primary Bitcoin Layer 2 to hitch, granting builders enhanced entry to Chainlink’s providers and accelerating ecosystem development
Spiderchain Upgrades Safety
On the heart of Botanix’s Layer 2 is the modern “Spiderchain” structure—an online of multisig wallets and BTC-staked Orchestrator nodes, chosen through randomness from Bitcoin block hashes. This design ensures:
- No single entity, together with Botanix Labs, can management the community
- Decentralized governance from day one, with 16 unbiased node operators (together with Galaxy, Fireblocks, and Antpool)
- Plans to broaden to 100+ operators by 2026 for even larger decentralization
In contrast to different Layer 2 options that depend on centralized bridges or custodians, Spiderchain retains person funds natively on Bitcoin, decreasing the danger of hacks and aligning with Bitcoin’s core ideas of self-custody and open participation.
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