Botanix
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  • Welcome!
  • Get to know the Technology
    • Introduction to Botanix Labs
    • Risk warning
    • Terminology
    • Basic knowledge
      • Proof-of-Stake
      • Ethereum Virtual Machine (EVM)
      • UTXO vs Account Based Model
    • Introductory concepts
      • The Botanix EVM
      • The Spiderchain
      • Orchestrator node
      • Deposit & Withdraw
      • Transaction fees
    • Advanced concepts
      • Bitcoin security inheritance
      • Bridging
      • Consensus
      • Finality
        • Finality in a Proof-of-Work (PoW)
        • Finality in a Proof-of-Stake (PoS)
        • Finality on Botanix EVM
      • Forward security
        • Forward security in cryptography
        • The Spiderchain's Forward Security
        • Inventory management
      • FROST
      • Reth
      • Orchestrators
      • Staking
    • Roadmap to Spiderchain
      • Single Node (Testnet)
      • Botanix Federation
        • Consensus - CometBFT
          • Byzantine Fault Tolerance (BFT)
        • Node types
        • Multisig details - FROST
        • Peg-in / Peg-out
      • Botanix Federation with Staking
      • Slashing
      • Spiderchain DynaFed
      • Permissionless staking
      • Fully Decentralized Layer 2
    • Deeper dive: Whitepaper
  • How to use the Botanix EVM
    • Getting started with the Botanix EVM (testnet)
    • Risk warning
    • Step 1 - Set up your wallet
    • Step 2 - Get test funds
    • Step 3 - Send a transaction
    • Step 4 - Use dApps
    • Step 5 - Deploy your first contract / Launch your own token
    • Step 6 - Withdraw
    • FAQ - Testnet V1
  • Build dApps
    • Introduction
    • Risk warning
    • Tools
      • Useful links
      • Development Frameworks
      • Web3 libraries and tools
      • Oracle Tools
      • Block explorer
        • Routescan
      • Indexers
        • The Graph
        • SubQuery
      • WalletConnect
      • Account Abstraction with BTC Connect
      • Muticall3
    • Build on the Botanix EVM
      • Basic Botanix EVM Information
      • Gas fees
      • Develop a new dApp
      • Migrate existing dApps
      • Quickstart - Build a dApp with Botanix (Solidity, Hardhat)
  • Run a node
    • Introduction
    • Run an RPC Node
  • Glossary
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  1. Get to know the Technology

Terminology

PreviousRisk warningNextBasic knowledge

Last updated 10 months ago

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To begin, we should make clear the distinctions between the different names being used, some of which may confuse new users.

Name
Description

Botanix Labs

The name of the company that has invented and is building the Spiderchain. The goal of the company is to build the infrastructure to transform Bitcoin from the best money ever made to the programmable layer that will serve as the basis for the future of finance.

Botanix EVM

The name of the network being developed by Botanix Labs.

Spiderchain

Technically, a series of successive multisigs between Botanix . This series effectively creates a network that safeguards the bitcoin that is being bridged from the Bitcoin layer to the Botanix EVM.

Orchestrators