Babylon: Bitcoin’s Trustless Open Port
summary
Babylon claims a working protocol that lets BTC be staked without losing custody, already deployed as the Boblo genesis Bitcoin-secured network that pays staking rewards while providing proof-of-stake security to other chains. The implementation aims to be trustless self-custodial staking, completed for staking flows according to the presentation, and the next concrete milestone is composable, safe Bitcoin liquidity that moves BTC into altchains so those chains gain TVL and BTC holders earn yield.
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chapters (6)
- 0:00Introduction
- 1:12Three worlds in crypto
- 3:00Bitcoin idle utility
- 6:16Bitcoin security for altcoins
- 8:44Babylon’s moonshot
- 10:36Babylon trustless open port
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