This is precisely what Saylor is in favor of: layer 2/3 solutions built on Bitcoin without changing the base layer protocol.

Spider chain sounds awesome. The reality is the world needs a way to use btc as the underlying collateral on side chains so it can scale, have more uses. Anything that strengthens the network without interfering with bitcoins design is ok with me

@geoms6263

Ай бұрын

if btc is digital gold then eth is digital oil

I don’t see how anyone could have a problem with this? Bitcoin is open and permissionless… or do you want to change that? Let entrepreneurs be entrepreneurs and let the market choose

I like it. More options will equal many failures. But let the cream rise.

Just listened to the WBD's Saylor interview before this one - super interesting to hear the views and considerations. The more we discuss these topics and get a variety of stakeholders to chime in, the better off we will be. Remaining in silo's is the worst possible outcome. Great pod!

I was waiting for this interview and I'm glad to hear it. Thanks botanix

Very interesting, thanks Peter. Gave me a lot to think about. Made a lot of sense to me honestly.

Team, thank you for the useful interview! As always, they talked about the project and its advantages in a positive manner.

Enjoyed this episode. Don’t see any conflict with Bitcoin core values if building on a side chain. As Saylor says be extremely cautious with the protocol but build whatever you want on layer 2.

So many great interviews on this channel! 👌

So many great interviews on this channel!

I'm trying to figure it out! These are cool guys!

This is so well explained for a layman to understand. Thanks Team. Something that catches my attention with Botanix is it Pegin and Pegout feature.

nice interview, we can learn more about this

absolutely loved this INFO

Sounds very interesting. Best of luck!

Great interview ❤

Amazing work! Thanks man!

awesome math genius :). Well done with the spiderchain, first mover advantage!

Really enjoyed this interview!

LFG! GOOD JOB! Amazing work! Thanks man!

Nice concept, looking forward to see how it goes.

I appreciate Willem sharing accurate information and wisdom. In coming years, Spiderchain is going to become a household name!

Great explainer on the Spiderchain right here.

It was a useful program, thank you to everyone who contributed, there is really a lot more work to do, gL 🔥

Amazing work by the team!

Great INFO. Thanks

Great interview, Thanks man!

Amazing work from the team

Botanix is ​​a good project. Good interview!

nice one good call fam!

Very good talk , keep it up guys !!!

All great points. Love seeing Willem out there dropping real facts and insight. Spiderchain is going to be a hgousehold name in the coming years!

I'm fine with it. I think it's cool and hope that this achieves enough decentralization as is goal. It's not on base chain anyway. On base chain it's just settlement transactions in consensus which is always good for btc and what is created off chain will be done regardless. It's just more options for btc value accrual even if I never use it.

Amazing work! Thanks !

Nice work. Thanks!

I like how the scalability topic was acknowledged. instead of cutting corners, we face the fact that we choose security over rushing scalability. Bitcoin security = botanix security!

great interview. As for botanix, it is surprising, and it has just begun.

Some nice insights on btc and crypto

Amazing talk !!!

i love Botanix Bitcoin! Amazing work!

Great discussion

awesome brothers !

following this project from a long time and this gonna be one of the big projects

Impressive conversation

looking forward to see how it goes.

amazing work i wish you success

good work!

amazing dude. A second-layer Ethereum virtual machine using the Bitcoin foundation. - Security is provided through a Bitcoin-based Proof-of-Stake (PoS) mechanism. - Decentralization expands the capabilities of smart contracts beyond the capabilities of Bitcoin.

Great interview

Good Interview!

Good luck in all your endeavors

Great concept

Great project, big idea!

Botanix Labs opens up new perspectives! very interesting

I like the idea of expanding the scope of what can be done with bitcoin directly. But what I want to know is how this will affect the operation of base chain, how much block space will it use up, if any. I'm sure Danny would've asked if he was there.

I would never use this chain myself but wouldn't tell others that they can't. Will be interesting to see how this plays out over time though.

Great video 👌Botanix labs ecosystem is growing up fast for the best of BtcFi with EVM compatibility.Cheers

Very Interesting thanks mates

Botanix team and community is the best!

The guests seem well intentioned but misguided. What they are arguing is that everything in crypto/degen land should operate on a Bitcoin standard instead of a US dollar or some proof of stake alternative standard. Their premise is good, but they ignore the likelihood that this would occur organically by simply outcompeting other currencies. We do so by simply being the best money the world has ever created. Simply advancing the monetary function of BTC will - in the long run - achieve the very goals stated in this episode. And at the same time, that monetary use-case focus will help preserve BTC as the world's best money. We don't need to help the crypto crowd find Bitcoin. They will come when BTC is ready for them (i.e. when BTC becomes a widely adopted medium of exchange). And until then, I think maintaining a culture of conservatism is far more important.

@ceerawlins3412

Ай бұрын

They arent changing btc at all....they are just using x amount of coins to create a second protocol backed by btc

"we start as a federation, but later..." yeah we've heard that a million times bro, f that.

Excellent show. I have no issues with it, from what I heard and understand. If people want it, they'll use it and it'll grow over time. If people don't want it, it'll fail. If no forks are needed, don't see an issue with it.

i like layer 2/3 solutions built on Bitcoin without changing the base layer protocol.

So informative

Enjoyed it

Best explainer on the Spiderchain right here

Informative

Bitcoin finally thinking about thinking about cracking the door open to what Cardano started building 9 years ago...lot of catching up to do but some clear advantages. Will be interesting to see if/how it.plays out

Botanix labs ecosystem is growing up fast for the best of BtcFi with EVM compatibility. Thanks!!!

As I have already mentioned on many occasions, the proposal in terms of technological base surpasses the current ones. I have no doubts about that. The base layer is, undoubtedly, the safest. And multisignatures and the randomness algorithm promote two of the three characteristics of the famous trilemma. I hope (and I believe it will be the case) that the insertions in the blocks of the base layer of Bitcoin do not delay the transactional speed of the EVM layer too much. Without a doubt, a huge project...

Love this

I really want the utility described but I refuse to use metamask surveillance

this is awesome

Building the Spiderchain, the first EVM L2 on Bitcoin. I love Botanix

How do I get with you guys for a chat?

Good news!!

good show

LFG Spiderchain and Botanix!!

Botanix on fireee!

Nice, guys!!!))))

Everything is very convenient and practical!

Very nice!!!)))

nice video

Remaining in silo's is the worst possible outcome. Great pod!

nice one

Not quite sure I understand what they are building, but I’m fine with anything built on a layer or side chain & using bitcoin’s security.

really interesting

Botanix definitely going top be huge

"if this stuff isn´t powered by Bitcoin, if Bitcoin isn´t the epicenter for permissionless global decentralized finance, i think that is probably more a failure than a victory" that was a good line 30:00

It's brilliant!))

very good

Security is everything and Botanix has built itself in a way that it is not easy to compromise on it.

Nice news

Vừa nghe cuộc phỏng vấn Saylor của WBD trước cuộc phỏng vấn này - cực kỳ thú vị khi nghe những quan điểm và cân nhắc.

❤Spiderchain & Botanix

Building Spiderchain, the first L2 EVM on Bitcoin. Without changing the base protocol layer. I like Botanix

User perspective! Spderchain will come into play

Nice!

I like what Botanix is doing to bring all the Ethereum Defi to Bitcoin