Botanix Labs is a fully decentralized Layer 2 solution on Bitcoin, leveraging its security and decentralization for dApp development. By merging Ethereum Virtual Machine versatility with Bitcoin’s robustness, it introduces a Proof-of-Stake consensus layered atop Bitcoin’s Proof-of-Work, securing stakes with bitcoin in decentralized multisig wallets within the Spiderchain network for enhanced security and decentralization.