The second article in the Bitcoin Layer 2 series. This article covers Statechains, originally designed by Ruben Somsen, and implemented by CommerceBlock.
Botanix launches a decentralized Bitcoin sidechain on testnet with a 16-node federation, using the Spiderchain protocol for EVM-compatible dApps. Mainnet set for Q3 2025.
Bitcoin and other blockchains are robust and decentralized systems, but they do not scale. In order to make them work, a layered approach is necessary.
The BitLayer Finality Bridge is Delivering On The Promises of BitVM - While still far from a fully trustless system, the progress made over the past year is remarkable