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TechFlow news: Babylon, a Cosmos SDK-based Layer 1 blockchain, has announced the release of its Bitcoin staking protocol LitePaper.
Babylon's founder David Tse and research team are working to leverage Bitcoin's PoW security to enhance the security of other PoS networks, incentivizing BTC holders to participate in this new approach by allowing them to stake Bitcoin on PoS networks.
Babylon, a Cosmos SDK-based Layer 1 blockchain, has announced the release of its Bitcoin staking protocol LitePaper. Babylon's founder David Tse and research team are working to leverage Bitcoin's PoW security to enhance the security of other PoS networks, incentivizing BTC holders to participate in this new approach by enabling them to stake Bitcoin on PoS networks.
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