4 million Swap transactions in late March 2024. The BTC light client module accomplishes this by receiving Bitcoin headers as Tendermint-ordered Babylon transactions, typically from a vigilante reporter , and is responsible for their verification. Tổng kết. The first PoS chain secured by the Babylon protocol will be its own chain, built using the Cosmos SDK. This collaboration paves that way for developers to create Ethereum-based smart contracts A bird's eye overview of the project. BabylonChain - Babylon Integrates with Web3 Data Infrastructure Provider KYVE Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. Babylon is a project that designs security protocols for the decentralized world. BabylonChain Inc. More detail about the actual handling of the custody and slashing via “accountable assertions”, “finality gadgets” and “convenant emulation” can be found in the Babylon’s original light paper . Babylon is a blockchain project founded by Claude. sh is the 6th most starred project on GitHub and is visited by hundreds of thousands of developers every month. Kiln. Feb 24, 2024 · F ollowing the success of my guide on setting up a Babylon Node for the bbn-test-2 chain from December 29, 2023, I’m here to help you get started with the new bbn-test-3 chain. Babylon as a State of Mind: Babylon is not just a physical place, but also a state of mind. Our current testnet, bbn-test-3, allows… Persistence is an app chain for liquid staking DeFi (LSDeFi) that aims to make this user journey as seamless as possible. May 26, 2024 · Roadmap. This Apr 4, 2024 · Unboxing Babylon’s Technical Architecture. Type “!faucet [Babylon testnet address]”. He explains Babylon's Bitcoin staking protocol, which utilizes assets such as Bitcoin to secure proof of stake chains. It is highly recommended that operators run their own node to avoid trusting third parties. This month, Babylon has launched several key initiatives and formed strategic alliances that are unlocking Bitcoin's full potential. Our mission is to build a Bitcoin-driven decentralized world by evolving Bitcoin into a trusted security backbone for PoS chains, delivering yields for bitcoin holders while fostering an integrated, secure, and decentralized economy. Babylon’s roadmap and plans Feb 18, 2024 · Babylon Chain’s Benefits: People need to understand the various primitives Bitcoin uses to secure over PoS chains. There’s a limited supply of passes, don’t miss the opportunity as the claim will only be open for 7 days. This enhances PoS network security by allowing Bitcoin users to stake BTC, boosting network security and earning yield, all while maintaining self-custody of their Bitcoins. We have been collaborating with the Babylon team to build rollup-centric infrastructure and services Apr 16, 2024 · Babylon Roadmap and Future Initiatives. But Babylon is more than just Bitcoin staking on steroids. BabylonChain - Forkless Rollups with Bitcoin Staking May 2, 2024 · Introducing Babylon Chain and Bitcoin Staking. It communicates with Bitcoin through Because of the interconnected nature of the Cosmos chains, insecurity of one chain will propagate to other chains, thus weakening the overall security of the ecosystem. Jul 7, 2023 · Babylon’s approach offers a promising solution to the challenges of scaling Bitcoin and other blockchain networks. Babylon Bitcoin Staking protocol allows Proof-of-Stake ("PoS") systems such as PoS chains, L2s, Data Availability (DA) layers, oracles, etc. May 15, 2024 · The Babylon team plans to launch a new testnet towards the end of May 2024. During the rollup mode, the PoS Jul 12, 2023 · Babylon, a blockchain protocol built on the Cosmos SDK, aims to leverage the security of Bitcoin to enhance the security of Proof-of-Stake chains. io Official Twitter account . Towards this goal, Babylon connects PoS chains to Bitcoin, enabling them to operate in a rollup mode, where Bitcoin is used as an ordering service for the PoS transactions. to acquire staking capital from bitcoin, the largest, decentralized crypto asset in the world. At its core, Babylon is designed to use Bitcoin as a source of trust and a reliable timestamping service to The Bitcoin Pioneer Pass digital collectible is a commemorative NFT for participating in the first Trustless Bitcoin Staking protocol by Babylon Chain. Train a Settler and a Builder. BabylonChain - Babylon Integrates with Decentralized Liquidity Hub, Migaloo Chain by White Whale Unlocking Bitcoin to Secure the Decentralised Economy. 5 min read · Sep 12, 2023 5 Babylon's bitcoin staking protocol creates a two-sided market and acts as the control plane of the market. io Official Twitter account May 30, 2024 · Advertisement. This project involves developing a distributed network The project’s mission is to bring Bitcoin’s unparalleled security to the decentralized world via a new public Cosmos-SDK PoS blockchain (Babylon) and a suite of inter-chain protocols. We are proudly backed by leading investors including Polychain, Hack VC and Framework. Babylon chain represents a new blockchain archetype focused on recalibrating the way the Bitcoin blockchain is utilized through a multi-pronged approach that benefits Cosmos chains, Bitcoin, and Babylon itself. Instructions on how to set up a full Babylon node can be found in the Babylon documentation. PoS chains and dApps can opt-in to bitcoin-backed security and enjoy high security, healthy economics, and broader adoption. Galxe Passport securely stores your identity information and allows you to use it across various applications with privacy protection, allowing users to take control of their own data. BabylonChain - Babylon Bitcoin Staking Testnet-4 Launch All Pending Active Unbonding Unbonded Slashed Withdrawn. . The project is about leveraging Bitcoin’s vast asset base to enhance the security of Proof-of-Stake (PoS) blockchains. 📖 Go to our Documentation. BabylonChain - Babylon's Testnet Integration Boosts Agoric with Bitcoin Security Feb 27, 2024 · Babylon introduces native Bitcoin staking on PoS blockchains. Di Rastafarian movement seeks to break free from di chains of Babylon and create a righteous and harmonious world. Shannon Award recipient, Professor David Tse from Stanford University. roadmap. Get in Guide Fundraising $96. David Tse discusses the importance of increasing the value of Bitcoin to maintain high security and value. babylon file from 3DS Max; Maya exporter can be used to generate a . Learn to become a blockchain developer using this roadmap. 00 A Bird's Eye View of the Project. There’s a limited supply of passes and only those who have claimed the pass during the Bitcoin staking testnet event can mint it. Oct 17, 2023 · However, with SIDE’s integration with Babylon, the unbonding request's Bitcoin timestamp only needs confirmation on the Bitcoin network, lowering the wait time from weeks to approximately one day. Babylon builds security protocols to enhance the security of decentralized systems by leveraging Bitcoin's established security. Babylon is actively working on integrating with the Cosmos Hub ecosystem, as previously reported by The Block. It represents a significant step toward a more integrated, secure, and efficient blockchain ecosystem. Bridging the Gap between Bitcoin Security and Ethereum’s Smart Contract Ecosystem. 952k. Weare excited to announce the integration of the Babylon Testnet with Evmos, a significant milestone in the development of secure cross-chain applications. Here's the basic plan: Begin by researching the Mining technology. From tech enthusiasts to newcomers, there’s a place for everyone in our community. Feb 28, 2024 · Babylon PoS chain will be the first PoS chain it secures. Hiện tại, Babylon Chain chưa công bố roadmap chính thức trên các kênh media của dự án. Earlier this year, Bitget Wallet surpassed MetaMask in transaction volume with a record 1. In the future, the Babylon PoS chain will serve as the control plane and marketplace for Bitcoin restaking onto other PoS chains. Designed by David Tse and his team at Stanford’s Blockchain Consensus Protocol Lab, Babylon was created using the Cosmos Software Development Kit (SDK). Mar 21, 2024 · Babylon Chain được sử dụng như chuỗi trung gian giúp tăng cường các Layer 1 Proof-of-Stake dựa vào mạng lưới Bitcoin. Our fast-growing team consists of engineers Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. vigilante Public. Babylon Chain's core feature is its Shared Security Protocol, which securely integrates Bitcoin into other chains. Babylon là một trong những dự án nổi bật khi cung cấp giải pháp cho việc mở rộng Bitcoin. 0. Jan 29, 2024 · Jan 28, 2024. Why you should listen Babylon Chain was founded in 2021 and has integrated with 28 Cosmos chains on its testnet. This maintains Bitcoin's robust security while protecting against potential PoS attacks. Babylon is excited to announce its testnet integration with Persistence, bringing enhanced transaction security and the option of lower bonding periods to the Persistence blockchain. admin@babylonchain. Babylon . David explained the shared security model that underpins their protocol: “We start thinking that these proof of stake chains, they Jul 28, 2023. From making BTC liquidity more accessible to increasing yield and security. Kamilla Nazirkhanova. Company Type For Profit. Mar 7, 2024 · The Bitcoin Pioneer Pass digital collectible is a commemorative NFT for participating in the first trustless Bitcoin staking protocol testnet by Babylon Chain. View block height, timestamp, and transaction count. Babylon's mainnet launch with new features is scheduled for Q2, 2024. In a simplified context, Babylon acts as a middleware or connectivity layer between the Cosmos ecosystem, its many independent chains, and the Bitcoin blockchain. You can of course play with this today, but we’ll “formally release” our full support for this with Babylon 5. The Babylon team May 13, 2024 · No PoS reward: Since there is no Babylon PoS test chain, the test staking reward feature will not be applicable. Feb 27, 2024 · The Babylon protocol, built on the Cosmos SDK, will secure its own PoS chain, making it the first PoS chain secured by the protocol. To incentivise you in the post-Babylon environment, we are offering a boosted CAVIAR rewards program to early liquidity providers. Settle a second city, and build three mines with the Builder to unlock Apprenticeship. This is pivotal for users to swiftly differentiate between the normal chain and potential attack chains, which will have a later Bitcoin timestamp. An analogy for this would be considering Ethereum as a 19th-century empire that provides protection to its inhabitants, in exchange for taxation (gas fees) and the forbiddance Sep 23, 2022 · Babylon Chain : PoS에서 OP_RETURN의 활용 목적이야 어쨌든, 제일 탈중앙화된 블록체인인 비트코인에 내가 하고 싶은 말을 적을 수 있다는 점은 여러 什么是巴比伦链？. 2. babylon file from Maya Sep 30, 2022 · Achievements to date are as follows: Cronos moved out of beta on Sept 22, 2022. Swap via Thorchain, LiFi, Maya Protocol and Chainflip. Unlocking 21 Million Bitcoin to Secure the Decentralized Economy. 0 will be WebGPU support. You will also need Signet testnet Bitcoin, which you can use to stake in the Babylon Bitcoin May 6, 2024 · The integration of the Babylon Testnet is the latest in a series of strategic moves by Bitget Wallet to solidify its position as a leader in the Web3 space. Mar 18, 2021 · There are many ways you can start Babylon's game, but a reliable one is to rush the Industrialisation technology. Activate Bitcoin Timestamping for Your Chain in 5mins. Vigilante program for Babylon. Babylon Blockchain. Binance Labs, the venture capital and strategic initiative arm of Binance, has made a significant investment in Babylon, a pioneering Bitcoin staking protocol. To achieve locking, Alice can simply apply a time lock to her staking UTXO: // Contract V0: adding a locking condition to Alice's staking UTXO condition - 1 (locking): time_lock = 1000 & alice_public_key. Our partners: Redefining DeFi trading with a cross chain exchange aggregator aimed to provide you the best routes. 00 M That's the reality Babylon Chain unlocks, transforming Bitcoin from a store of value into a versatile tool for the future. It aims to shift execution beyond its main protocol. Dự án sử dụng một cơ chế độc đáo giúp stake BTC trên các blockchain PoS. 3. The Babylon team recently proposed the idea of BTC staking which allows BTC holders to stake their idle BTC to increase the security of PoS chains. Common PoS features, such as stake delegation, on-demand unstaking, and partial slashing, are all supported. In this first post, we will give a bird’s eye view of the project and in the subsequent posts, we will delve deeper into its the various use cases. Topic Replies Views Activity; Is there a roadmap for Inspector? Questions Unlocking Bitcoin to Secure the Decentralised Economy. Babylon chain’s journey to this point has been eventful and not without a plethora of challenges. Babylon PoS chain will be the first PoS chain it secures. Jan 29, 2024 · AltLayer has recently introduced pioneering research, unveiling a decentralized verification layer that leverages Bitcoin (BTC) staking for elevated security. The block size has been increased 4X, from 10 million gas to 40 million, further improving the scalability of Cronos chain. Babylon Overview. Babylon brings utility to the $1T+ BTC ecosystem through Bitcoin Staking. A primary use case of this protocol is to timestamp PoS blockchains to enhance their integrity At Babylon, we envision a future where Bitcoin and Proof-of-Stake (PoS) chains thrive together. 003. Oct 29, 2023 · In Rastafarian philosophy, Babylon is seen as di antithesis to Zion, which symbolizes di ideal society of peace, love, and unity. David Tse. With groundbreaking roadmap features like EVM Extensions, the Evmos SDK, and the Evmos Jun 19, 2024 · Bitcoin staking, which allows Bitcoin to provide economic security to decentralized systems through trustless, self-custodian staking. Aug 30, 2022 •. Bitcoin staking. io. Bringing Bitcoin security to Cosmos and beyond | At Babylon, we envision a future where Bitcoin and Proof-of-Stake (PoS) chains thrive together. The Bitcoin Pioneer pass will grant access to exclusive features, special rewards, and a place in our elite community. This announcement explains the purpose of this testnet and how to prepare for it. Babylon Testnet Integration Strengthens Archway with Robust Bitcoin Security. Trust in Transparency: In a world where trust matters, Babylon Chain shines. We’ll share our latest updates, including project roadmaps, achievements, new… Apr 2, 2024 · This is where Babylon comes in. BabylonChain - Babylon’s Testnet Launch Brings Bitcoin Security to PoS Chains in an Evolving Multi-Chain World Unlocking Bitcoin to Secure the Decentralised Economy. Its distinctive staking protocol not only broadens Bitcoin's utility but also bolsters PoS blockchain security, positioning it as a competitor to platforms like Ethereum and the restaking platform EigenLayer. Feb 1, 2024 · Babylon Chain — Detailed Node Setup Guide. A program that welcomes individuals Babylon is a new Cosmos project whose vision is to leverage the security of Bitcoin for enhancing the security of Cosmos zones and other PoS chains. Babylon, the project that aims to build a Bitcoin-secured decentralized world, today announced the successful completion of its $70 million funding round. They do not need to actively maintain any programs (such as node and finality provider daemons). , Cosmos zones) to close the gap and achieve the censorship resilience of 1/2. Status. To find your Babylon testnet address, go to your Keplr wallet and click “Copy Address”. E. Staker Oct 31, 2023 · The upgrade expands Babylon Chain's capabilities beyond the Cosmos ecosystem, positioning it as a versatile platform for the development of decentralized applications in various verticals. Join the Babylon Discord channel HERE and go to the #faucet-test-bbn channel. Dec 7, 2023 · Polychain Capital and Hack VC led a $18 million Series A funding round for Babylon Chain, a protocol working on Bitcoin ( BTC) staking, bridging the decentralized finance (DeFi) ecosystem with May 20, 2024 · Babylon Chain is a market-leader in incorporating Bitcoin's security into the decentralized finance landscape. on February 12, 2024, the intention to integrate Babylon into Cosmos was officially Introduced. Your key to navigating the web3 ecosystem. https://babylonchain. g. BabylonChain - Babylon Integrates with Layer 1 Blockchain Elys Network Babylon can help PoS chains with slashability guarantees (e. Navigating the space is intuitive, making blockchain accessible to everyone. May 22, 2023 · Babylon began its exciting journey in May 2022 with a mission to scale Bitcoin to secure the decentralized world. The funding, led by Sep 15, 2023 · A program is designed to reward community members with exclusive rewards for helping Babylon Chain grow. Our platform is API-first and enables fully automated validators, rewards, data and commission management. Babylon is a blockchain project that brings Bitcoin security to Cosmos and beyond. Main repo for Babylon full node. Babylon is a new Cosmos project whose vision is to leverage the security of Bitcoin for enhancing the security of Cosmos zones and other PoS chains. Babylon, a project initiated by Stanford Professor Feb 27, 2024 · In a move signaling confidence in the future of Bitcoin, Binance Labs, the venture capital arm of cryptocurrency exchange Binance, has strategically backed Babylon, a groundbreaking Bitcoin staking protocol. 1. BTC is the asset with the largest market capitalization, but most of it is idle. Bitcoin Timestamping (đánh dấu thời gian bitcoin) Giao thức này gửi dấu thời gian ngắn gọn và có thể kiểm chứng của bất kỳ dữ liệu nào (chẳng hạn như chuỗi Babylon's BTC timestamping protocol allows any arbitrary data submitted to Babylon to obtain Bitcoin timestamps. For IBC-compatible PoS chains, getting Bitcoin timestamps to prevent long-range attacks only takes 5 minutes: simply deploy an IBC relayer between Babylon and your chain, then you are all set! Start with our docs or join discord. The integration between Stride and Babylon primarily focuses on the advantages of fast stake bonding, which significantly improves the strength and security of liquid staking protocols. (Image Credit: Babylon Chain ecosystem: What we can find there! via Babylon Reddit post and Babylon Labs) Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. In the competitive world of Web3, blockchain developers often struggle to create pragmatic business models that can May 15, 2024 · You can see PSS in more detail in our recent post. | 28,266 followers on LinkedIn. Apr 6, 2023 · Evmos can leverage the checkpointing mechanism developed by Babylon to enhance the security of its chain. Unlocking Bitcoin to Secure the Decentralised Economy. No voting: For the same reason, finality providers will only need to publish their EOTS public key to allow stake delegation. It's a revolutionary ecosystem built on cutting-edge protocols that address the limitations of existing blockchains Scalability: Ditch the network congestion! Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. Online sandbox where you can test your . In the above contract, Alice locks her Bitcoin for 1000 Bitcoin blocks (about one week). Click to read BabylonChain, by Ertem Nusret Tas, a Substack publication. The company's solutions include timestamping data on the Bitcoin blockchain and enabling Bitcoin holders to stake their coins By combining Babylon's focus on utilizing Bitcoin's multifaceted security features with MAP Protocol’s advanced interoperability solutions, this partnership is paving the way for a more secure and connected Web3 ecosystem. Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. The security level of these timestamps in terms of immutability increases over time because more works are added on top of them over time. The project’s mission is to unlock Bitcoin security for the decentralized world. Let's discuss! Jun 2, 2021 · The predominant headline of Babylon 5. Bitcoin Staking complements Babylon’s Bitcoin Timestamping, which sends critical consensus data May 30, 2024 · This latest round of investment will propel Babylon's mission to enable a Bitcoin-secured decentralized economy. Get testnet tokens. Read on as we detail the major happenings for Babylon’s ecosystem! Unlocking Bitcoin to Secure the Decentralised Economy. Babylon strengthens the security of the Cosmos ecosystem and other Proof of Stake (PoS) chains by leveraging Bitcoin’s technology as a timestamping server. BabylonChain - Polychain Capital and Hack VC Lead $18 Million Funding Round for Bitcoin Staking Protocol Babylon Unlocking Bitcoin to Secure the Decentralised Economy. Don’t miss the opportunity to mint yours! Ended. Go. Browse the latest blocks on the Babylon (BBN) blockchain. 556 followers. Contact Email admin@babylonchain. RocksDB has been introduced as an additional database option, which results in better node performance for most use cases. With a team set to grow beyond its current 15 members, Babylon Chain is at the forefront of a new chapter in decentralized finance. Akiba then inquired about Babylon Chain’s unique approach to enabling Bitcoin holders to earn yield by staking their assets securely without bridging or wrapping. 它采用独特的 比特币定投协议 ，允许比特币持有者安全地赚取比特币收益。. Babylon Chain 在去中心化经济中引入了一种利用比特币安全性的创新方法。. , and. Apr 21, 2023 · Babylon, a crypto security blockchain using Bitcoin’s proof-of-work security to integrate with proof-of-stake chains, plans to expand beyond the Cosmos. Feb 28, 2024 · What’s in This Testnet. babylon and glTF scenes with a simple drag'n'drop; Online shader creation tool where you can learn how to create GLSL shaders; 3DS Max exporter can be used to generate a . Bitcoin holders can securely lock their bitcoins and choose which PoS chain (s) to stake for and earn yields from. This collaborative effort with Babylon comes amid Ethereum’s rollup roadmap. By offering bitcoin (BTC) staking on nearly any Cosmos chain, Babylon eliminates many of the barriers to entry that staking is susceptible Legal Name BabylonChain Inc. Babylon Chain isn't just a protocol; it's a vision for the future of DeFi. Upon the expiration of the time lock, only Feb 21, 2024 · An OKX wallet to connect to the Bitcoin Signet Network and a Keplr wallet to connect to Babylon Chain. Feb 28, 2024 · The Cosmos Hub ecosystem, where each application has its own blockchain, exemplifies this challenge. Sep 21, 2023 · Moreover, Babylon introduces a host of new staking options, making a direct one-to-one mapping from old liquidity tokens to new ones unfeasible. Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake programmatically their digital assets, and to whitelabel staking functionality into their offering. The project is developed by a team of consensus protocol researchers from Stanford and experienced layer 1 developers from around the world. In addition, Feb 27, 2024 · Search for and select the Babylon chains, and click “Save”. User-Centric Design: Babylon Chain isn’t just a blockchain; it’s a user-centric experience. Babylon, a Bitcoin staking protocol, is powered by the idea of security aggregation, which involves sourcing billions of dollars of security from the Bitcoin blockchain and injecting this into various chains, hence translating Bitcoin Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. Babylon’s Roadmap. Official Youtube channel of Babylon Chain. Bringing Bitcoin security to Cosmos and beyond. Jun 13, 2024. 用户无需第三方服务，也无需放弃控制权，就能从一种无信任、自我托管的方式中获益 Join the Community. Babylon Chain places a strong emphasis on key sectors like Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and GameFi, where security is paramount. Recognizing that a significant portion of Bitcoin’s market value is underutilized, the project introduces a Bitcoin staking protocol that enables Bitcoin holders to stake their it unsustainable and unscalable for every PoS chain to directly timestamp on to it, which hinders the adoption of Bitcoin staking. , Ertem Nusret Tas. May 7, 2024 · Locking. ioThis video explains how Babylon leverages Bitcoin's unparalleled security to secure Proof of Stake blockchains. This development paves the way for BTC holders to restake their coins on other PoS networks via Babylon’s marketplace, fostering interoperability within the blockchain space. To solve this problem, the Babylon team has designed a secure Bitcoin timestamping protocol and implemented it as a Cosmos-SDK based Babylon chain. Community driven, articles, resources, guides, interview questions, quizzes for modern backend development. This significant investment underscores Binance Labs’ commitment to supp May 5, 2023 · Hana Network is privacy hub for all blockchains, enabling on-chain privacy on existing chains and for arbitrary assets including Bitcoin. Once headers are added, the BTC light client module can identify the canonical chain by calculating the chain that has the most work committed to it. babylon Public. Amidst the dynamic DeFi landscape, Babylon holds its own, leveraging network effects and synergies with complementary protocols and platforms to enrich the user experience. Here’s a high level list of other features that we are currently planning on releasing with Babylon 5. Our fast-growing team consists of elite scientists and engineers, seasoned marketing and business development professionals, as well as renowned business The Bigger Picture. Setting up a Babylon Full Node Before setting up the finality provider toolset, an operator must ensure a working connection with a Babylon full node. By delivering Bitcoin’s security to PoS chains, Babylon is creating a Scaling Bitcoin to secure the decentralized world. A program that is co-created by its own participants. Official website: https://babylonchain. Galxe Passport. There you will find your Babylon testnet address. fw pn ya ed wa qw ph wa aw oh