链上格格巫
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链上格格巫
Square Verified+币安原生博主｜新手教程｜项目投研｜坚定持有BNB｜蓝鸟会核心成员｜所有内容仅代表个人观点，不构成投资建议DYOR🔮
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Why are other people’s tasks $50
but for me the requirements are doubled
Too much credit to me 🥸🥸
$BNB
but for me the requirements are doubled
Too much credit to me 🥸🥸
$BNB
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I had an older brother who does security audits rip into Babylon’s forfeiture code, and he went silent...
I have a senior brother who does contract audits. The chain vulnerability reports he’s handled could be bound into a book. The other day I tossed him a whitepaper for the @BabylonLabs_io forfeiture module and said, “You’re not the one who always sprays cross-chain bridges—aren’t you supposed to be a hacker’s ATM? Let’s see if there are any hard flaws in this self-custody approach.” He spent two sleepless nights reading through the Bitcoin scripts and the Cosmos-side contract logic, then sent me a message: “Architecturally, it’s definitely much cleaner than multi-sig bridges, but there’s one point nobody’s discussed.”
He was referring to the time window in the forfeiture trigger conditions. Babylon’s forfeiture for @BabylonLabs_io isn’t executed immediately. After a validator misbehaves, the protocol requires submitting a forfeiture transaction within a predefined block window. If, during that period, the Bitcoin network experiences extreme congestion—fees spike up to several hundred sat/vB—then the forfeiture transaction is very likely to get stuck in the mempool and fail to get processed in time. This means that, in theory, a malicious node could take advantage of this gap to move the stolen funds away. Although the private key and withdrawal authority are theoretically still locked inside the staking script, the actual game-theoretic model is not nearly as solid.
He also told me a second point: nowadays, about half of the operators running Babylon nodes use the same cloud provider’s managed hosting setup. The risk of single points of failure at the physical/infrastructure layer is far greater than the risks in the on-chain code. He concluded that this protocol’s security level really does秒杀 cross-chain bridges...
#baby $BABY
I have a senior brother who does contract audits. The chain vulnerability reports he’s handled could be bound into a book. The other day I tossed him a whitepaper for the @BabylonLabs_io forfeiture module and said, “You’re not the one who always sprays cross-chain bridges—aren’t you supposed to be a hacker’s ATM? Let’s see if there are any hard flaws in this self-custody approach.” He spent two sleepless nights reading through the Bitcoin scripts and the Cosmos-side contract logic, then sent me a message: “Architecturally, it’s definitely much cleaner than multi-sig bridges, but there’s one point nobody’s discussed.”
He was referring to the time window in the forfeiture trigger conditions. Babylon’s forfeiture for @BabylonLabs_io isn’t executed immediately. After a validator misbehaves, the protocol requires submitting a forfeiture transaction within a predefined block window. If, during that period, the Bitcoin network experiences extreme congestion—fees spike up to several hundred sat/vB—then the forfeiture transaction is very likely to get stuck in the mempool and fail to get processed in time. This means that, in theory, a malicious node could take advantage of this gap to move the stolen funds away. Although the private key and withdrawal authority are theoretically still locked inside the staking script, the actual game-theoretic model is not nearly as solid.
He also told me a second point: nowadays, about half of the operators running Babylon nodes use the same cloud provider’s managed hosting setup. The risk of single points of failure at the physical/infrastructure layer is far greater than the risks in the on-chain code. He concluded that this protocol’s security level really does秒杀 cross-chain bridges...
#baby $BABY
People in the space have recently been especially fond of comparing Babylon and EigenLayer side by side, since they both wear the “shared security” hat. At first, I also thought they were competitors—until the past few days, when I pulled up the contract architectures on both sides and read through them carefully. Only then did I realize that the analogy itself was a misunderstanding.
In essence, EigenLayer enables ETH stakers to “re-stake” to run AVS nodes. The assets remain in a closed-loop flow within the Ethereum ecosystem. What you earn is a composite return: LST yield stacked on top of AVS service fees. Its security model is built on the social consensus that already exists among Ethereum validator sets. @BabylonLabs_io is doing something entirely different—it exports the security redundancy of Bitcoin’s “isolated island” to other ecosystems like Cosmos. BTC does not bridge, wrap, or get custody-managed; it simply uses Bitcoin’s PoW timestamps as an external notary seal applied to the ledger of a PoS chain.
In other words, EigenLayer is about “stacking inward,” making Ethereum’s consensus layer thicker. Babylon is about “exporting outward,” having the value of Bitcoin’s hash power re-priced on other chains. These two logics differ not only in their economic models, but also in their technical pathways. So it’s really not meaningful to directly compare raw yield rates. One uses its own chain’s security more fully; the other sells Bitcoin’s security as a public good. Once I understood that layer, I became even more certain they are not in the same track.
#baby $BABY
In essence, EigenLayer enables ETH stakers to “re-stake” to run AVS nodes. The assets remain in a closed-loop flow within the Ethereum ecosystem. What you earn is a composite return: LST yield stacked on top of AVS service fees. Its security model is built on the social consensus that already exists among Ethereum validator sets. @BabylonLabs_io is doing something entirely different—it exports the security redundancy of Bitcoin’s “isolated island” to other ecosystems like Cosmos. BTC does not bridge, wrap, or get custody-managed; it simply uses Bitcoin’s PoW timestamps as an external notary seal applied to the ledger of a PoS chain.
In other words, EigenLayer is about “stacking inward,” making Ethereum’s consensus layer thicker. Babylon is about “exporting outward,” having the value of Bitcoin’s hash power re-priced on other chains. These two logics differ not only in their economic models, but also in their technical pathways. So it’s really not meaningful to directly compare raw yield rates. One uses its own chain’s security more fully; the other sells Bitcoin’s security as a public good. Once I understood that layer, I became even more certain they are not in the same track.
#baby $BABY
Partly True
After my partner got onboard Babylon on-chain, the number of node applications skyrocketed by seven times.
Last year, my partner Peng went all-in on a small chain in the Cosmos ecosystem. For half a year he kept worrying about verifier numbers. In total, there were only 11 nodes running on it—so the decentralization was basically a joke. Last month, he suddenly sent me a screenshot of the integrated backend for @BabylonLabs_io . Within three days, more than sixty validators poured in with applications. He was completely stunned.
The logic behind it is actually very simple: after Babylon turns Bitcoin into a staked asset, the economic security of the new chain jumps directly from “air-coin mutual staking” to “backed by real money.” Validators no longer need to buy your chain’s native token—which often has wild price volatility. They just have to lock up BTC. The cost of wrongdoing rises from a few thousand dollars to tens of thousands, even up to the million-dollar level. I looked at how he integrated it: at the chain level, he only connected a single Cosmos SDK module. Validators run Babylon nodes on their own servers while producing blocks, and the slashing/penalty trigger logic is written into the contract script—so the chain itself doesn’t need extra development for the consensus layer.
So far, Babylon’s security pool is protecting more than 70 chains. At the hashrate level, it’s equivalent to the state of half of the entire Bitcoin network being repeatedly reused. Peng said the best part is that once the TVL went up, market makers and wallet providers both主动主动 came to integrate. The whole thing basically heated up on its own. But he also admits that the security network propped up by Bitcoin isn’t ultimately his own moat. What if Bitcoin network transaction fees spike and timestamp-on-chain latency gets too high? That’s probably the sweet burden of shared security.
#baby $BABY
Last year, my partner Peng went all-in on a small chain in the Cosmos ecosystem. For half a year he kept worrying about verifier numbers. In total, there were only 11 nodes running on it—so the decentralization was basically a joke. Last month, he suddenly sent me a screenshot of the integrated backend for @BabylonLabs_io . Within three days, more than sixty validators poured in with applications. He was completely stunned.
The logic behind it is actually very simple: after Babylon turns Bitcoin into a staked asset, the economic security of the new chain jumps directly from “air-coin mutual staking” to “backed by real money.” Validators no longer need to buy your chain’s native token—which often has wild price volatility. They just have to lock up BTC. The cost of wrongdoing rises from a few thousand dollars to tens of thousands, even up to the million-dollar level. I looked at how he integrated it: at the chain level, he only connected a single Cosmos SDK module. Validators run Babylon nodes on their own servers while producing blocks, and the slashing/penalty trigger logic is written into the contract script—so the chain itself doesn’t need extra development for the consensus layer.
So far, Babylon’s security pool is protecting more than 70 chains. At the hashrate level, it’s equivalent to the state of half of the entire Bitcoin network being repeatedly reused. Peng said the best part is that once the TVL went up, market makers and wallet providers both主动主动 came to integrate. The whole thing basically heated up on its own. But he also admits that the security network propped up by Bitcoin isn’t ultimately his own moat. What if Bitcoin network transaction fees spike and timestamp-on-chain latency gets too high? That’s probably the sweet burden of shared security.
#baby $BABY
Verified
#baby $BABY
My buddy Liu, who has been hoarding Bitcoin for five years, suddenly sent me a link and asked if I knew about <@BabylonLabs_io >. This guy used to think even DeFi platforms were just scams, and he kept his coins locked in a cold wallet collecting dust all the time. But now he suddenly cares about something that can make BTC earn yield—so I knew this was kind of interesting. In essence, Babylon did something quite clever: it lets you lock your Bitcoin in a script address that is completely controlled by your own private key, and then remotely serves as a validator node for other PoS chains. Your BTC never leaves the Bitcoin mainnet, and it isn’t entrusted to any institution—yet it can still steadily earn the staking rewards from those Cosmos ecosystem chains. It’s like locking your property deed in your own safe, handing out only copies as collateral—only if you intentionally default will the bank be able to enter your home.
I looked up the data: as of now, the protocol has already locked more than 58,000 BTC. Based on the coin price at the time, that puts the pooled value at nearly $4 billion. Dozens of applications have already linked into this shared security system. Its technical core is “Bitcoin timestamps” and “slashable remote staking.” If you run the node software, it will record the PoS chain block headers into Bitcoin transactions—effectively stamping that chain’s ledger with an immutable attestation using the Bitcoin network.
And the BTC you stake is your credit collateral. If the node ever behaves maliciously—like double-signing—the protocol will use pre-signed slashing transactions to take away that portion of the coins immediately. No need to sue anyone. Liu listened and said that this operation is steadier than fiddling with wrapping assets by bridging BTC across chains, because at least it doesn’t increase the trust assumptions. Of course, the annualized return rate is currently only floating between about 3% and 8%. For players chasing returns multiple times over, that’s not very impressive. But for long-term “never-sell” holders, making those digital nuggets sitting in cold wallets work for you is definitely a new idea.
My buddy Liu, who has been hoarding Bitcoin for five years, suddenly sent me a link and asked if I knew about <@BabylonLabs_io >. This guy used to think even DeFi platforms were just scams, and he kept his coins locked in a cold wallet collecting dust all the time. But now he suddenly cares about something that can make BTC earn yield—so I knew this was kind of interesting. In essence, Babylon did something quite clever: it lets you lock your Bitcoin in a script address that is completely controlled by your own private key, and then remotely serves as a validator node for other PoS chains. Your BTC never leaves the Bitcoin mainnet, and it isn’t entrusted to any institution—yet it can still steadily earn the staking rewards from those Cosmos ecosystem chains. It’s like locking your property deed in your own safe, handing out only copies as collateral—only if you intentionally default will the bank be able to enter your home.
I looked up the data: as of now, the protocol has already locked more than 58,000 BTC. Based on the coin price at the time, that puts the pooled value at nearly $4 billion. Dozens of applications have already linked into this shared security system. Its technical core is “Bitcoin timestamps” and “slashable remote staking.” If you run the node software, it will record the PoS chain block headers into Bitcoin transactions—effectively stamping that chain’s ledger with an immutable attestation using the Bitcoin network.
And the BTC you stake is your credit collateral. If the node ever behaves maliciously—like double-signing—the protocol will use pre-signed slashing transactions to take away that portion of the coins immediately. No need to sue anyone. Liu listened and said that this operation is steadier than fiddling with wrapping assets by bridging BTC across chains, because at least it doesn’t increase the trust assumptions. Of course, the annualized return rate is currently only floating between about 3% and 8%. For players chasing returns multiple times over, that’s not very impressive. But for long-term “never-sell” holders, making those digital nuggets sitting in cold wallets work for you is definitely a new idea.
$NES
Today 3w trading volume
Loss 2.11 USD 🥲🥲
A little better than yesterday
For your reference~
This month I only got one airdrop
It’s so hard... 💔💔
What did you trade today? How’s the loss 😑😑
Today 3w trading volume
Loss 2.11 USD 🥲🥲
A little better than yesterday
For your reference~
This month I only got one airdrop
It’s so hard... 💔💔
What did you trade today? How’s the loss 😑😑
Today’s 3w trading volume
Loss: 4.36 USD 💔💔
Nothing much to choose from—just sharing for your reference~
$NES got stuck… I didn’t manage to grab yesterday’s airdrop either…
Seriously just paid to work… 🥲🥲
What are you guys trading today? How’s the loss? 😑😑
Loss: 4.36 USD 💔💔
Nothing much to choose from—just sharing for your reference~
$NES got stuck… I didn’t manage to grab yesterday’s airdrop either…
Seriously just paid to work… 🥲🥲
What are you guys trading today? How’s the loss? 😑😑
Today’s 3w trading volume
Loss: $1.34
Looks like… it’s been pretty smooth… 🥲🥲
For everyone’s reference～
Haven’t claimed an Airdrop for N days
Yesterday the top girl said she’d go check the tech party～
Hope today brings some surprises 🤔
What did you trade today? How’s your loss? 😴😴
Loss: $1.34
Looks like… it’s been pretty smooth… 🥲🥲
For everyone’s reference～
Haven’t claimed an Airdrop for N days
Yesterday the top girl said she’d go check the tech party～
Hope today brings some surprises 🤔
What did you trade today? How’s your loss? 😴😴
$OPG rewards finally arrived
Looks like I was among the first few, and I had to wait for half a month
I got 61 dollars… it was so hard…🥲🥲🥲
Looks like I was among the first few, and I had to wait for half a month
I got 61 dollars… it was so hard…🥲🥲🥲
Today’s 3w trading volume
Loss is 1.53 bucks...
I’m doing trades in batches of 300 or 500
Not too bad… sharing for everyone 😴
Haven’t been able to claim the airdrop for many days
Will there be a surprise today? 🥲🥲
What did you all trade today? How’s the loss? 🤔🤔
Loss is 1.53 bucks...
I’m doing trades in batches of 300 or 500
Not too bad… sharing for everyone 😴
Haven’t been able to claim the airdrop for many days
Will there be a surprise today? 🥲🥲
What did you all trade today? How’s the loss? 🤔🤔
Today 3W trading volume
Loss 2.76 USD…
Looks pretty stable, squeezing pretty hard…💔💔
Sharing for everyone’s reference~
Will there be a surprise attack today?😒
What are you watching today? What’s your loss?🤔🤔
Loss 2.76 USD…
Looks pretty stable, squeezing pretty hard…💔💔
Sharing for everyone’s reference~
Will there be a surprise attack today?😒
What are you watching today? What’s your loss?🤔🤔
Today’s 30k trading volume
Loss 1.22 dollars 🥲🥲
They squeezed me earlier for about 5 dollars
Then it came back a bit…
This kind of mess… I guess it counts as going okay… 😑😑
I got it back on points—was there a surprise attack today?
I’ve been running along for so many days… 💔💔
What are you guys trading today? What’s the loss like? 🤔🤔
Loss 1.22 dollars 🥲🥲
They squeezed me earlier for about 5 dollars
Then it came back a bit…
This kind of mess… I guess it counts as going okay… 😑😑
I got it back on points—was there a surprise attack today?
I’ve been running along for so many days… 💔💔
What are you guys trading today? What’s the loss like? 🤔🤔
Today 3W trading volume
Loss 2.31$ 💔💔
Still chose $ARX
Sharing it with everyone for reference~
I didn’t claim the two mid-air airdrops
250 points is too high… how do you play then…
What are you trading today? How’s the loss 🤔🤔
Loss 2.31$ 💔💔
Still chose $ARX
Sharing it with everyone for reference~
I didn’t claim the two mid-air airdrops
250 points is too high… how do you play then…
What are you trading today? How’s the loss 🤔🤔
Today 3w trading volume
Loss 1.6 USD🥲
Single order 500, for everyone’s reference～
Haven’t gotten an airdrop for so many days…
What did you guys trade today? How’s your loss?😴😴
Loss 1.6 USD🥲
Single order 500, for everyone’s reference～
Haven’t gotten an airdrop for so many days…
What did you guys trade today? How’s your loss?😴😴
$ETH
Oh wow, they’re selling again way too early…
Is the 2,500 RMB note I bought earlier almost coming back, isn’t it? 🙈🙈
Oh wow, they’re selling again way too early…
Is the 2,500 RMB note I bought earlier almost coming back, isn’t it? 🙈🙈
Today 3W trading volume
Loss 3.53 dollars 💔💔
I tried bill halfway…
Too restrictive… I got turned away…
Switched back to $ARX for everyone’s reference~
What did you guys swipe today? How much loss? 🥲🥲🥲
Loss 3.53 dollars 💔💔
I tried bill halfway…
Too restrictive… I got turned away…
Switched back to $ARX for everyone’s reference~
What did you guys swipe today? How much loss? 🥲🥲🥲
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