Difference between revisions of "Babylon"
From CryptoWiki
(Created page with "* [https://www.onchaintimes.com/p/the-modular-watchlist-for-2024-a From] Onchain Times (12-3-2024): ''"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“. [https://babylonchain.io/ Read more]."'' Category:Coins/Tokens") |
m |
||
| (One intermediate revision by the same user not shown) | |||
| Line 1: | Line 1: | ||
* [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]."'' | ||
* One of the many launch [https://chainwire.org/2024/04/03/bitvm-based-bitlayer-a-leading-bitcoin-l2-nets-5m-in-funding-unveils-50m-ready-player-one-program/ partners] of [[Bitlayer]] (3-4-2024) | |||
[[Category:Coins/Tokens]] | [[Category:Coins/Tokens]] | ||
Latest 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."
