Terminology
Last updated
Last updated
To begin, we should make clear the distinctions between the different names being used, some of which may confuse new users.
Name | Description |
---|---|
Botanix Labs
The name of the company that has invented and is building the Spiderchain. The goal of the company is to build the infrastructure to transform Bitcoin from the best money ever made to the programmable layer that will serve as the basis for the future of finance.
Botanix EVM
The name of the network being developed by Botanix Labs.
Spiderchain
Technically, a series of successive multisigs between Botanix Orchestrators. This series effectively creates a network that safeguards the bitcoin that is being bridged from the Bitcoin layer to the Botanix EVM.