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  • Botanix (BTNX)

    1/1/1901 00:00 UTC

    $0.00

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    Botanix News

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    Frequently Asked Questions

    • Use Case of Botanix

      • Bitcoin Economy: Botanix builds the infrastructure for a global economy where Bitcoin powers every transaction.
      • Transacting with Bitcoin: It allows users to use Bitcoin as money for everyday transactions, not just as a store of value.
      • Saving Bitcoin: Users can stake Bitcoin to earn real Bitcoin yield without selling their assets.
      • Decentralization: Botanix supports a decentralized network called Spiderchain, keeping control distributed and secure.
      • Bridging Bitcoin: Users can bridge their Bitcoin to the Botanix network to access various decentralized applications.
      • Financial Applications: It enables lending, borrowing, and other financial services using Bitcoin as collateral.
      • Lightning Payments: Users can pay with Bitcoin using the Lightning Network through the Botanix wallet.

      For more details, visit Botanix Labs.

      Last Updated: 7/1/2025 17:07 UTC
    • Pros

      • Botanix is built on Bitcoin, which is sound, trustless, and censorship-resistant.
      • It supports a decentralized network called Spiderchain, keeping control away from any single party.
      • The mainnet is live, allowing real use of Bitcoin in various financial applications.
      • Users can bridge Bitcoin to the Botanix network to access apps.
      • It offers staking to earn real Bitcoin yield.
      • Supports multiple financial activities like lending, borrowing, trading, and paying with Lightning Network.
      • Has a growing ecosystem with tools and documentation for users and developers.

      Cons

      • As a newer network, it may have fewer users and less liquidity compared to bigger blockchains.
      • Bridging Bitcoin to the network adds an extra step before using apps.
      • The ecosystem and apps are still developing, so some features might be limited or evolving.
      Last Updated: 7/1/2025 17:08 UTC
    • Founders of Botanix

      The website does not list specific names of the founders of Botanix. For detailed information about the team or founders, you may want to check their official documentation or contact them directly through their community channels.

      Last Updated: 7/1/2025 17:08 UTC
    • No information about the investors in Botanix is available from the provided data.

      Last Updated: 7/1/2025 17:08 UTC
    • Halal Status of Botanix

      • Yes
        Botanix is built on Bitcoin, which is considered sound and trustless money. Since it focuses on Bitcoin transactions and financial applications without involving interest (riba) or prohibited activities, it aligns with principles that many consider halal.
      Last Updated: 7/1/2025 17:08 UTC

    Description

    #0

    Botanix is a layer two network for Bitcoin that adds Ethereum Virtual Machine compatibility, allowing Ethereum-based smart contracts and applications to run on Bitcoin with five-second block times and decentralized governance by multiple node operators.

    Sector: Layer 2
    Blockchain: Bitcoin

    Market Data

    Rank: 0
    Volume: 0
    Marketcap: 0
    Fully Diluted Value: N/A
    Circulating Supply: N/A