Put chicken in a ziploc bag. Pour buttermilk, salt, and paprika over chicken. Shake the bag to ensure everything is well-coated. Refrigerate at least 20 minutes or overnight.
Preheat oven to 425. Line two baking sheets with foil.
Crush cornflakes in food processor or with a potato masher. Combine with flour, thyme, salt, cayenne or chipotle chili (both to taste), and paprika to taste.
Remove chicken from buttermilk and dredge in cornflake mixture, pressing down so the crumbs stick. Place on baking sheet and continue until all of the chicken has been used. Lightly brush the chicken with olive oil. Transfer to the oven and bake for 15-20 minutes, flip chicken over, and bake for another 10 minutes.
While the chicken is baking, make the hot honey sauce. In a pot, melt together butter, honey, chipotle chili, paprika, garlic powder, and salt.
When the chicken is fully cooked, brush generously with the hot honey. Serve warm with pickles or slaw. Enjoy!