Babylon: A Revolutionary Protocol Unlocking a New Role for Bitcoin❗
Babylon is a decentralized protocol that enables native Bitcoin staking directly on the Bitcoin network, without intermediaries. BTC holders can stake their assets while keeping them on the Bitcoin blockchain, earning passive income and providing security to other decentralized networks. Through its innovative shared security model, Babylon extends Bitcoin’s unmatched security to external blockchains, enabling the creation of Bitcoin Secured Networks (BSNs). With its multi-staking capability, the same BTC can be used to secure multiple networks simultaneously, maximizing staking efficiency. The first implementation of this vision is Babylon Genesis, built using the Cosmos SDK. It acts as the control hub for security and liquidity coordination across all BSNs. Genesis also enhances Proof-of-Stake (PoS) security and improves cross-chain interoperability. Babylon transforms BTC from a “store of value” into an active security asset for the broader decentralized ecosystem. $BTC $BABY #BABY #BinanceTR
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