The "Security Password" of Hybrid PoS - The Technical Breakthrough of BounceBit
As a Bitcoin re-staking chain, BounceBit has achieved significant breakthroughs in its technical architecture. The "BTC + BounceBit" hybrid PoS mechanism it employs greatly enhances the security and stability of the chain by incorporating Bitcoin into the staking system. Under this innovative mechanism, nodes are required to stake both BTC and BB (BounceBit native token), combining the strong security features of Bitcoin with the project's own incentive system, providing a solid guarantee for the reliable operation of the entire network. At the same time, BounceBit's pioneering concept of "Liquid Custody" opens up more revenue channels for users while maintaining the liquidity of the collateralized assets. After depositing assets, users receive 1:1 liquid custody tokens (LCT), which can be freely traded on-chain, achieving a perfect balance between asset custody and liquidity. This innovation is extremely rare in traditional blockchain staking models and lays the foundation for the efficient utilization of Bitcoin assets in the DeFi space.