Botanix Labs has onboarded a couple of crypto industry heavyweights as node operators for its bitcoin layer-2 network.
Mike Novogratz’s digital asset financial services firm Galaxy and crypto custody specialist Fireblocks are among 16 new node operators on Botanix, the company announced on Thursday.
The operators have been onboarded and will be live once the Botanix mainnet launches later this quarter.
With the creation of a federation of different entities running nodes, Botanix Labs is establishing its eponymous network as „decentralized from the start.”
„The network will soon migrate to a dynamic federation to support hundreds of nodes, with the eventual goal of allowing anyone in the world to run their own Botanix node,” Botanix Labs said in Thursday’s announcement.
Also joining the federation are blockchain developer Alchemy, bitcoin mining pool Antpool and hedge fund manager UTXO Management.
Botanix’s testnet, known as Aragog, introduced various tools that will form the basis o
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