Difference between revisions of "Babylon"
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* [https://www.onchaintimes.com/p/the-modular-watchlist-for-2024-a From] [[Onchain]] Times (12-3-2024): | * From [[Messari]] (16-4-2024): | ||
''"The protocol employs innovative cryptographic methods and a native Bitcoin staking functionality that avoids centralized trust, with features like remote staking and a unique [[slashing]] mechanism. While promising, its success depends on broader adoption of the Inter-Blockchain Communication ([[IBC (Inter-Blockchain Communication)|IBC]]) protocol."'' | |||
*[https://www.onchaintimes.com/p/the-modular-watchlist-for-2024-a From] [[Onchain]] Times (12-3-2024): | |||
''"Babylon offers native [[permissionless]] [[Bitcoin (BTC)|BTC]] [[staking]] on [[Bitcoin]] which accrues yield from securing [[rollups]]. Babylon is working together with [[AltLayer (ALT)|AltLayer]] to build a “[[decentralized]] verification layer for rollups secured by BTC“. [https://babylonchain.io/ Read more]."'' | ''"Babylon offers native [[permissionless]] [[Bitcoin (BTC)|BTC]] [[staking]] on [[Bitcoin]] which accrues yield from securing [[rollups]]. Babylon is working together with [[AltLayer (ALT)|AltLayer]] to build a “[[decentralized]] verification layer for rollups secured by BTC“. [https://babylonchain.io/ Read more]."'' | ||
Revision as of 01:58, 22 April 2024
- From Messari (16-4-2024):
"The protocol employs innovative cryptographic methods and a native Bitcoin staking functionality that avoids centralized trust, with features like remote staking and a unique slashing mechanism. While promising, its success depends on broader adoption of the Inter-Blockchain Communication (IBC) protocol."
"Babylon offers native permissionless BTC staking on Bitcoin which accrues yield from securing rollups. Babylon is working together with AltLayer to build a “decentralized verification layer for rollups secured by BTC“. Read more."
