The True Stronghold of the Babylon Bitcoin Ecosystem
Babylon Chain is an emerging Bitcoin staking protocol aimed at expanding Bitcoin's utility, allowing it to serve not only as a store of value but also to earn rewards through staking and contribute to the security of other chains.
1. Core concepts and innovations
- Bitcoin staking: Allows Bitcoin holders to stake BTC on other PoS chains (such as Cosmos and Ethereum) without transferring asset ownership, providing security for these chains while earning rewards.
- No need for cross-chain bridges: Bitcoin staking status is verified through cryptographic protocols (such as timestamps and signatures), avoiding security risks associated with cross-chain bridges.