How does Babylon achieve BTC "trustless staking"?
The biggest highlight of the Babylon project is to enable trustless staking of BTC.
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The biggest highlight of the Babylon project is to enable trustless staking of BTC.
Recommended readings tonight: 1. Will TON become the first blockchain with 1 billion users? 2. Why does Bitcoin need Layer 2? What is the current status of L2 development? 3. Details of the incident in which Pump.fun was attacked and $1.9 million was stolen;
This article attempts to describe what Babylon is in the simplest terms.
Babylon is committed to creating BTC staking, allowing BTC holders to share over $1.3 trillion in economic security with other networks in exchange for staking returns without leaving the Bitcoin network itself.
After completing $18 million in financing and receiving investment from Binance, can Babylon lead the Bitcoin ecosystem in the future?
Blabylon may be a big bug that cannot be ignored this year.
Binance Labs invests in Babylon Protocol, revolutionizing Bitcoin staking. Enhancing PoS networks' security, offering new utility for BTC holders.
Babylon’s founder said several liquidity pools and BABL tokens price were severely impacted, which contributed to the decision.