The Babylon Foundation has announced the Phase-2 launch of the Babylon Genesis Mainnet, enhancing security through a Bitcoin staking protocol. Over 54,000 BTC has been staked, garnering notable interest in the crypto market.
This launch enables Bitcoin holders to participate in Proof-of-Stake networks while maintaining security, marking a significant milestone for the Bitcoin ecosystem.
Community responses are positive, recognizing the opportunity to leverage Bitcoin's strength in a multichain environment, potentially reshaping its role and enhancing market dynamics.
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