Why DeFi’s Future Could Be on Bitcoin | Botanix Labs’ Vision with Spiderchain

Alisia Painter, Co-Founder and COO of Botanix Labs, delves into how Botanix Labs is pioneering Bitcoin Layer 2 solutions with Spiderchain, a fully decentralized Ethereum Virtual Machine (EVM) network built on Bitcoin. Alisia highlights her shift from Ethereum focused work to building on Bitcoin, driven by a belief in Bitcoin's potential to fulfill crypto’s original mission of democratizing financial access. Additionally, she addresses the challenges and opportunities in expanding DeFi within the Bitcoin ecosystem, explaining Botanix Labs' commitment to creating a world where Bitcoin serves as the foundational layer for decentralized applications. This interview was recorded during SmartCon 2024. Chapters 00:00 - DeFi and Bitcoin's Role 00:50 - Botanix Labs and Building DeFi on Bitcoin 01:19 - Spiderchain and EVM on Bitcoin 02:25 - Technological Differentiators of Spiderchain 06:39 - Bitcoin Yield: Rewards for Stakers in Bitcoin 08:55 - Building DeFi on Bitcoin vs. Ethereum 13:05 - The Importance of Bitcoin’s Censorship Resistance 14:05 - Botanix Labs' Partnership with Chainlink 17:25 - What’s Next for Spiderchain and Botanix Labs 21:53 - Decentralizing Bitcoin Mining and Future Applications ✨ Check out our new website ✨ thedefiant.io 🚀 Sign up to our newsletter 🚀 thedefiant.io/go-premium#prici... 🤑 Find DeFi investment opportunities & educational primers here thedefiant.io/promo?utm_source... ✊ Follow The Defiant Twitter: twitter.com/defiantnews Discord: discord.com/invite/3SdRdEs5ag Instagram: www.instagram.com/thedefiant.i... Telegram: t.me/DefiantNews 📬 Contact our Newsroom editorial@thedefiant.io 🤝 Sponsorships & Partnerships sponsors@thedefiant.io #TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain #Web3