Babylon Chain
Babylon Chain, a Web3 project, enhances blockchain security by leveraging Bitcoin's robustness. It introduces Bitcoin staking, allowing Bitcoin holders to stake idle bitcoins, boosting PoS chains' security and earning yield. Babylon Chain also features fast stake unbonding, enabling quick network exit in emergencies. By using Bitcoin as a backing mechanism, Babylon Chain ensures PoS network security isn't compromised, even under attack. The recent lite paper release details this innovative Bitcoin staking concept.
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