Questions tagged [evm-equivalent l2]

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Leonardo Leonardo Mon Sep 09 2024 | 7 answers 1780

Will Botanix labs build the first fully decentralized EVM-equivalent L2 on Bitcoin?

Could you elaborate on the potential for Botanix labs to develop the first fully decentralized EVM-equivalent Layer 2 solution on top of the Bitcoin blockchain? Is this a realistic aspiration, given the inherent differences between Bitcoin's consensus mechanism and the Ethereum Virtual Machine? What challenges would they need to overcome to achieve this milestone, and how would such a development impact the broader cryptocurrency landscape?

Will Botanix labs build the first fully decentralized EVM-equivalent L2 on Bitcoin?

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