The Botanix protocol combines Bitcoin anchoring with proof-of-stake-style incentives to create a hybrid security and governance model that blends Bitcoin’s decentralization with Ethereum’s flexibility.

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This combination of proof-of-stake-style incentives with direct Bitcoin anchoring, aims to provide a middle ground between Ethereum’s flexibility and Bitcoin’s security principles.

Botanix, founded in 2023, is a Layer 2 proof-of-stake network designed to introduce Ethereum-like smart contract functionality to Bitcoin.