Sunday, December 24, 2023

Let's deep dive in what is Babylon

Let's start mentioning Bitcoin a real store of value. With 21m in total supply. But very hard to scale and to add more utility and use cases.

Here is where we talk about Babylon Chain and its amazing technology and innovation. Babylon allow btc holders to leverage it and earn extra yield with Babylon's btc staking protocol. To improve PoS networks security all this in a complete decentralized and trustless way. Jusy to be clear you always have custody and control of your bitcoin.

With multiple validators Babylon garanted decentralization and security. And if any validators misbehave they can get slahed, so this help to stimulate the validators to act in a good way.

In order to participate in Babylon's ecosystem you'll need a bitcoin's Wallet and a cosmos wallet. Why? Because with Babylon's technology you always have native Btc (no swapping, bridging or wrapping).

The timestamping is here to change the blockchain space forever. Don't forget that the tesnet starts in 2024. Don't miss on this opportunity to be part of one of the most important events in web3 history.

If everything goes right by summer 2024 will have the mainnet ready. I am really excited and looking forward for this. In fact I have my bitcoin ready.


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