Galaxy, Fireblocks to Operate Nodes on Bitcoin Layer-2 Botanix

Galaxy, Fireblocks to Operate Nodes on Bitcoin Layer-2 Botanix

Also joining the federation running nodes are blockchain developers Alchemy, bitcoin mining pool Antpool and hedge fund manager UTXO Management.

Botanix Adopts Federated Model to Enhance Decentralization Before Mainnet Launch - Crypto Economy

TL;DR Botanix Labs has introduced 16 independent node operators as it transitions to a federated model, stepping back from operational control over its Layer 2 Bitcoin network. Major players like Antpool, Fireblocks, Galaxy, and Hashkey Cloud are now part of this governance structure. This model reinforces Botanix’s decentralized design ahead of its mainnet launch scheduled for this quarter. With support from prominent crypto firms like Galaxy …

Botanix Launches Federated Sidechain with 16 Members  – MAXBIT

Bitcoin Magazine Botanix Launches Federated Sidechain with 16 Members  Botanix Labs has launched Botanix, a federated sidechain built on Bitcoin that has a 16-node founding federation that includes XBTO, Fireblocks, Antpool, UTXO Management, and other entities (full list below). The federation ensures that no single entity — including Botanix Labs — controls the network. Botanix...

Botanix Launches Federated Sidechain With 16 Members

Botanix Labs has launched Botanix, a federated sidechain built on Bitcoin that has a 16-node founding federation that includes XBTO, Fireblocks, Antpool, UTXO Management, and other entities (full list below). The federation ensures that no single entity — including Botanix Labs — controls the network. Botanix Labs has relinquished operational responsibilities, transferring governance and consensus to the node operators. The network plans to evol…