Babylon
BabylonChain: Revolutionizing Bitcoin Staking and Security
BabylonChain is a groundbreaking platform designed to empower Bitcoin holders to earn yields from their idle bitcoins securely, without the need for third-party trust or bitcoin bridging to any other chain. By simply locking their bitcoins in a self-custodial manner, users can validate Proof of Stake (PoS) chains and earn yields as a return. This innovative approach is facilitated by BabylonChain's fast unbonding and scalable restaking features, ensuring maximal liquidity and yields for bitcoin stakers.
Core Features of BabylonChain
Bitcoin Staking: For the first time, Bitcoin holders can stake their bitcoins directly to earn altcoin yields. This is achieved without the risks associated with third-party custody or bridging bitcoins to other chains.
Shared Security Protocol: BabylonChain introduces a shared security protocol, eliminating the need for bridging, wrapping, or pegging bitcoins. This ensures that what happens on Bitcoin, stays on Bitcoin.
Trustless Staking: Users enjoy complete freedom with no bridging, no custodians, and fast unbonding, allowing them to unbond their bitcoins according to their rules.
Scalable Restaking: The platform enables one stake to yield multiple returns across different PoS chains, with a modular design that serves as the perfect plug-in for every PoS chain.
Security: BabylonChain provides complete security against PoS attacks, making it a secure platform for bitcoin staking.
Ecosystem and Integration
BabylonChain is building a growing ecosystem of chains powered with Bitcoin security, including:
Archway, Osmosis, Akash Network, Terra, Injective, MAP Protocol, Evmos, Sei, Juno, Stargaze, Secret Network, and Mars Protocol. Each of these platforms brings unique value and capabilities to the BabylonChain ecosystem, from decentralized exchanges and cloud resources to privacy-first blockchain and credit protocols.
Recent Milestones and Future Directions
BabylonChain has successfully raised $18M to bolster the development of its staking protocol, with significant contributions from Polychain Capital and Hack VC.
The platform has also announced its integration into the Cosmos Network and has been actively developing its testnet to strengthen security and functionality.
BabylonChain's roadmap includes the launch of smart contract capabilities and robust Bitcoin security for decentralized applications (dApps).
Join the BabylonChain Community
BabylonChain invites users, developers, and enthusiasts to join its community and explore the Bitcoin Staking Protocol and Bitcoin Timestamping Protocol. With extensive documentation, a vibrant forum, and a presence on social media channels, BabylonChain is fostering a collaborative environment to drive innovation and secure the decentralized economy.
For more detailed information about BabylonChain, including how to participate in staking or become a validator, visit BabylonChain's official website.
RPC: http://babylon.rpc.nodersteam.com:16657
API: http://babylon.api.nodersteam.com:11317
gRPC: http://babylon.grpc.nodersteam.com:16656
Peer: 0764de1e08aff505db0d5c63bae7e2465bbb9050@babylon.rpc.nodersteam.com:16657
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