In a recent interview with Bitcoin Magazine, Shinobi sat down with Willem Schroé from Botanix Labs to discuss the progress and vision behind Spiderchains, an innovative scaling solution soon to be released to the public. Despite the flurry of attention surrounding other layer solutions like BitVM and rollups, the team at Botanix has been steadily laying out the groundwork for a distributed network capable of supporting 10,000 nodes, leveraging a unique combination of multisig and proof-of-stake (PoS) mechanisms.

Design Overview

Schroé describes Spiderchains as a decentralized network of multisigs, similar in concept to the Lightning Network but using a different architecture. “If you…

Read more on BitcoinMagazine