Botanix’s mainnet, a network designed to bring Ethereum equivalent to the Bitcoin ecosystem, has been broadcast live, reducing the time to increase the new block to 10 minutes.
The network is compatible with Ethereum virtual machines (EVM)Developer Botanix Labs said in an email that it is the software that powers the Ethereum blockchain, allowing Ethereum-based applications and smart contracts to be copied and pasted onto Bitcoin.
Botanix is one of several projects trying to expand the Bitcoin blockchain and make it a more favorable venue Decentralized Finance (defi) By enhancing its utility and programmability.
Others include rootstock, stack and bob (“Built on Bitcoin”)all of which have adopted BITVM computing paradigm This can make the complex calculations of Bitcoin pave the way for smart contract regulations, similar to Ethereum.
The utility that extends Bitcoin will enable developers to take advantage of the value held in BTC, Short.
“Full Dispersed” BTCFI
Botanix Labs also highlights its decentralized governance structure. The mainnet launch coincides with its transition to a foundation operated by a 16-node operator. Botanix said the number is expected to increase by 100 times in 2026.
The founding federation includes Some famous people in cryptocurrencyincluding Galaxy Digital, a financial services company at Mike Novogratz, and Fireblocks, Crypto custody specialist.
“If we want a world that runs on Bitcoin, we have to build a system that respects its core principles of self-observation, open participation and global tolerance,” said Willem Schroé, CEO of Botanix Labs. “The centralized platform burns too much bitcoin, which is why Botanix is completely dispersed when it launches. Any party, including us, can touch users’ bitcoins.”
Several products that will form the basis of Botanix Bitcoin Defi (BTCF) The release also made its debut through the main network. These include BTC-backed stable palladium and dispersed exchange points.
