Deep Tide TechFlow News, on December 4, according to The Block, Botanix Labs announced the launch of its Bitcoin Layer 2 project Spiderchain's final testnet Aragog. This testnet will introduce flexible wheel-optimized Schnorr threshold signature technology and release updated versions of the Bitcoin-backed stablecoin Palladium and the decentralized exchange Blitzy. The previous testnet has attracted approximately 2 million transactions, 400,000 unique addresses, and 20,000 token contracts. It is reported that Spiderchain uses a randomly distributed multi-signature scheme and plans to launch its mainnet in the first quarter of 2025.