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Babylon Genesis is Live: Secured by Bitcoin to Unite the Decentralized World Babylon Genesis, the world’s first L1 blockchain secured by Bitcoin, officially launches today. This launch cements the Babylon Bitcoin staking protocol as the foundational infrastructure layer for Bitcoin and the most impactful staking solution in the web3...

1,010,836 görüntüleme • 1 yıl önce •via X (Twitter)

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Tower profil fotoğrafı
Tower1 yıl önce

GATES OPEN, WE REPEAT, GATES OPEN

Michael Anton Fischer profil fotoğrafı
Michael Anton Fischer1 yıl önce

New to Bitcoin? ‘Bitcoin Nation’ offers a comprehensive introduction to Bitcoin’s role in fixing economic and social systems. This book explains how Bitcoin can be a solution to issues like inflation and financial instability, making it more than just a currency.

Axelar Network profil fotoğrafı
Axelar Network1 yıl önce

Integrated across Web3 from Day 1 🤝

Winnie | Stakecito profil fotoğrafı
Winnie | Stakecito1 yıl önce

@stakecito LESGOOOH 🥳

Persistence One 🟠🔁 profil fotoğrafı
Persistence One 🟠🔁1 yıl önce

Major milestone for Bitcoin and for Babylon. Excited to be aligned with the vision.

lei.eth profil fotoğrafı
lei.eth1 yıl önce

❤️

Crypto Rand profil fotoğrafı
Crypto Rand1 yıl önce

Top stuff, lets go ✌️

Cosmos | Everstake profil fotoğrafı
Cosmos | Everstake1 yıl önce

let's gooooo

Blockscape profil fotoğrafı
Blockscape1 yıl önce

Let's goooo🐉

Thompson | profil fotoğrafı
Thompson |1 yıl önce

Thank you team Claim now live 🔥🔥 🔗

BOB profil fotoğrafı
BOB1 yıl önce

Congrats frens. Honored to build alongside you.

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BITCOIN RAILS #41 | Bitcoin Native Staking: When Trust Becomes the Bottleneck | with Babylon founder David Tse 🔗 YOUTUBE: 🌿 SPOTIFY: “99% of Bitcoin is held idle, not because of lack of interest, but because of lack of trust.” Not long after Ordinals (and BRC20) revitalized the “Bitcoin DeFi” narrative, Babylon seemingly leapt onto the scene with what felt like overnight success – locking several billion dollars of TVL in its “trustless Bitcoin staking” protocol. With some of the most interesting advisors and contributors in the space (...seriously, what other projects can claim both domo and яobin linus as collaborators?), Babylon quickly became a “BTC-Fi” Goliath – converting both Bitcoin Season 2 types and formerly staunch ETH maxis alike. In this episode, I sit down with creator David Tse to get the protocol's birth story - and learn how POS staking became the first truly trustless Bitcoin DeFi application in the world. In this episode, we cover: - Why smaller POS chains need better security… and how Bitcoin liquidity may be the answer to securing experimental chains in smaller ecosystems - How David’s former experiences in the Cosmos ecosystem informed the core thesis of using Bitcoin to secure smaller chains - A quick breakdown of Babylon’s staking architecture - and what exactly makes it “trustless” - Babylon’s relationship with BitVM, and the team’s lesser-known contributions to both BitVM2 and BitVM3 (Fun Fact: David Tse is яobin linus's PhD advisor at Stanford 🧑‍🎓) - Why Bitcoiners didn’t want to stake their Bitcoin for yield until now... and how the "trustlessness" thesis is already panning out (with 1 whale dropping a whopping 10K Bitcoin in the protocol just a few months back!) Bitcoin Rails is powered by: - Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) — the leading API for Ordinals and BRC-20 data aggregation and indexing. - Spark (Lightspark) — a Statechains implementation advancing Bitcoin-powered payments. - Citrea (Citrea) — the leading Bitcoin rollup technology and BitVM alliance contributor. 📌 Timestamps 00:00 Intro 00:38 Bitcoin++ Insights 01:52 David’s Background and Information Theory 05:34 Journey into Bitcoin and Blockchain 07:34 Scaling Bitcoin with Prism Protocol 10:38 Babylon and Cosmos Ecosystem 13:51 Bitcoin Staking and Security Mechanisms 24:49 The Importance of Reputation in Crypto 25:51 Partners and Announcements Break 27:25 Profile of Babylon Stakers 29:17 The Grand Vision for Babylon 32:40 Garbled Circuits and Secret Revelation 44:05 Trustless Bitcoin Vaults and Future Prospects

Isabel Foxen Duke⚡️

15,937 görüntüleme • 8 ay önce