Botanix Laboratory Botanix launched Testnet as the owner of Sidechain, which was built on Bitcoin with the founder of the founder of 16 knots that include XBTO, Fireblocks, Antpool, UTXO management, and other entities (the full menu below).
The union guarantees that there is no single entity – including Botanix Labs – controls the network. Botanix Labs gave up operational responsibilities, transfer governance and consensus to knot operators. The network plans to develop into a dynamic union that supports hundreds of nodes, with a long -term target of enabling anyone to run the Botanix node. Mainnet is scheduled to launch the network later in this quarter.
“The bitcoin economy cannot be built on central bars. With this institutional founder for 16 knots, we have stripped central control and set the basis for a future without fully permission.”
Botanix’s design emphasizes steadfastness, with geographically distributed nodes and various types of safety devices to reduce individual failure points. The aim of this is to support consistent availability and address unreasonable transactions, and align with bitcoin principles for safety and open access. Their use enables what they call the “Spiderchain” protocol of the ETHEREUM virtual system, allowing applications such as lending and wandering directly on the network without assets or wrapped bridges.
Philip Bejzazi, co -founder and CEO of the company XBTOHe commented: “The institutional interest in Bitcoin continues to grow, but this growth depends on safe, non -central infrastructure that can meet the standards of professional markets.”
Bekhazi also referred to XBTO’s commitment to Botanix support.
Botanix Labs was founded in 2023, the development of Spiderchain Protocol and Botanix Begin. As the network is now operating independently, the laboratory focuses on research and developers and supporting the ecosystems. Botanix enables developers to build financial applications while maintaining the integrity of the bitcoin layer.
The decentralized structure of the network supports the expansion and safety of the Bitcoin applications. While Botanix is preparing for its main launch, it aims to expand its union and move towards more decentralization.
The BOTANIX Federation includes the full founder, Botanix, Galaxy, Fireblocks, Alchemy, XBTO, Antpool, UTXO Management, Kiln, Chorus One, UndepinedxblockPi, Daic, Pier Two, Stapin, VERTEX, Stake.fish, Hashkey Cloud.
Bitcoin Magazine is fully owned by BTC Inc. That works Robo administrationThe organized capital customer focuses on the digital asset industry. UTXO invests in a variety of bitcoin companies, and maintains large holdings in digital assets.
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