Frank Corva is a writer and analyst for digital assets at Finder.com. As someone who’s lived and traveled all over the globe, he loves the idea of the world being connected by Bitcoin (BTC) — a neutral, apolitical, secure and borderless network and digital currency.
When Willem Schroé was 17, he came in third out of 10,000 in a national math competition in Belgium, his home country. His prize was a book on botanics, the study of mathematics and fractals in nature. The book inspired awe in him, as he was humbled by the notion that physics and mathematics are bigger than any one of us. Today, he feels the same way about Bitcoin, which is why he’s building a groundbreaking Layer 2 on the network.
Bitcoin is a big breakthrough in terms of money, but EVM is the big breakthrough in terms of financial system Suddenly, you can see a future where you can scale Bitcoin to eight billion people. 100 years from now you'll have DEXs and decentralized lending and borrowing protocols , which is a 10x better version of the financial system that we have today. Bitcoin is a big breakthrough in terms of money, but EVM is the big breakthrough in terms of financial system.You used the phrase “100 years from now.” You’re obviously thinking long-term when it comes to Botanix.
The EVM is definitely not the best, definitely not the most secure. There have been so many hacks on the EVM, but this gave rise to the whole audit industry. You also have a Lindy effect happening on the EVM . You could argue “Okay, we've seen a few smart contracts like Uniswap survive for so long without any smart contract hacks.” They could be considered more secure. But the base layer of the EVM is definitely not the most secure. It just has the biggest distribution.
So, you’re leveraging all of these important dynamics from Bitcoin’s proof-of-work consensus mechanism. Now, please explain to us how the spiderchain works.
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