News with the tag "Spiderchain"

Botanix Labs has announced that it is integrating Chainlink’s services into Spiderchain, a Layer 2 (L2) network built on Bitcoin. This collaboration is part of the Chainlink Scale program, aiming to bring real-world data to Bitcoin’s blockchain. Botanix Labs plans to utilize Chainlink’s oracle techn...

The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs.

This represents over a year of dedicated research and development by the team, with a focus on enhancing user experience.

Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs.

Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine.

Botanix Labs has designed a mechanism for governing a two-way pegged Bitcoin sidechain system with proof-of-stake collateralized with BTC.