Beginner
Welcome to the foundational knowledge section of Botanix documentation. Whether you're new to cryptocurrency or coming from Bitcoin's world of simple transactions, understanding these core concepts will help you navigate the expanded possibilities that Botanix brings to Bitcoin.
What You'll Learn
This section covers the essential building blocks you need to understand before diving into Botanix's advanced features. We've designed these guides to be beginner-friendly while providing the depth necessary to use Botanix confidently and safely.
Wallets and Custody: Learn how to safely store and manage your cryptocurrency, from browser wallets to hardware security, and understand the responsibility that comes with being your own bank.
Consensus Mechanisms: Learn how different blockchain networks reach agreement and why Botanix's hybrid approach combines the best of multiple systems.
Layer 1 vs Layer 2: Grasp why Layer 2 solutions like Botanix exist and how they extend Bitcoin's capabilities without compromising its security.
Gas Fees: Understand the cost of transactions and smart contract interactions, and learn how Botanix makes DeFi accessible with minimal fees.
Smart Contracts: Discover how programmable money works and why it represents a fundamental shift from traditional Bitcoin transactions to sophisticated, automated financial applications.
DeFi (Decentralized Finance): Explore the world of decentralized exchanges, lending protocols, and yield farming that's now possible on Bitcoin through Botanix.
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