Babylon(@babylon_chain) 's Twitter Profileg
Babylon

@babylon_chain

Unlocking 21 Million Bitcoins to Secure the Decentralized Economy https://t.co/U9iwSUkTp1

RT ≠ endorsement

ID:1558731723243810816

linkhttps://babylonchain.io calendar_today14-08-2022 08:27:39

1,0K Tweets

311,9K Followers

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Babylon brings utility to the $1.3T+ Bitcoin ecosystem through Bitcoin Staking and Bitcoin Timestamping.

In this thread we'll cover:
- How both work
- Newly established collaborations
- Babylon's perfect position for future growth

1/13

Babylon brings utility to the $1.3T+ Bitcoin ecosystem through Bitcoin Staking and Bitcoin Timestamping. In this thread we'll cover: - How both work - Newly established collaborations - Babylon's perfect position for future growth 1/13
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Bitcoin Renaissance

We recently co-organized Bitcoin Renaissance, a 2-day conference covering the latest in the Bitcoin ecosystem.

Babylon's Co-founder David Tse discussed the ability for Bitcoin holders to now earn yield through staking, as well as new noteworthy collaborations.…

Bitcoin Renaissance We recently co-organized Bitcoin Renaissance, a 2-day conference covering the latest in the Bitcoin ecosystem. Babylon's Co-founder @dntse discussed the ability for Bitcoin holders to now earn yield through staking, as well as new noteworthy collaborations.…
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Why does this matter?

All three projects can also use Babylon as a data availability (DA) layer to increase the efficiency of data publishing to the L1.

This provides significant promise, having Babylon as a core component of the emerging Bitcoin Layer 2 ecosystem.

9/13

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Bitcoin L2s are also integrating with Babylon:

a) Lorenzo Protocol is a liquid staking BTC L2-as-a-Service that allows their L2s to stake BTC

b) Bison Labs is a BTC ZK-STARK rollup with general programmability

c) Nubit a Bitcoin-native data availability layer

8/13

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Rollups-as-a-Service provider AltLayer has integrated with Babylon to provide Bitcoin security for a range of verification purposes, such as securing cross-chain transfers.

This will integrate with any AltLayer-based rollup, further extending the utility of staked BTC.

7/13

Rollups-as-a-Service provider @alt_layer has integrated with Babylon to provide Bitcoin security for a range of verification purposes, such as securing cross-chain transfers. This will integrate with any AltLayer-based rollup, further extending the utility of staked BTC. 7/13
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Cosmos Networks

Babylon Timestamping protocol is already integrated with 60+ Cosmos-based blockchains.

This ecosystem already has 94+ independent chains representing $75B+ in market cap, representing huge potential. And as more emerge, Babylon will be the go-to solution.

6/13

Cosmos Networks Babylon Timestamping protocol is already integrated with 60+ Cosmos-based blockchains. This ecosystem already has 94+ independent chains representing $75B+ in market cap, representing huge potential. And as more emerge, Babylon will be the go-to solution. 6/13
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Bitcoin Timestamping

PoS networks can also use Babylon to send timestamps to the Bitcoin network that contain critical consensus data.

This has two effects:
a) It mitigates the risk of long-range attacks; and
b) It reduces the stake unbonding time from 21 days to a few hours…

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BTC holders can increase the total value of assets staked on a PoS chain, without relying on 3rd party custody/bridging/wrapping.

In return, they earn yield on their BTC while remaining in full control of their assets.

If warranted, slashing occurs natively on Bitcoin.

3/13

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Common Prefix(@CommonPrefix) 's Twitter Profile Photo

In the past year, we've collaborated with Babylon on their mission to bring Bitcoin Staking to the world: stake your bitcoins right from the Bitcoin chain and help secure the Cosmos ecosystem! 🧵 1/4

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Grab your final chance 🎉

Our $BWB campaign has reached the final week! The 5th wave of the BWB Ecosystem Partner Program's exclusive loyal user reward is officially live 🤝

We've teamed up with 3 outstanding projects
Babylon Core DAO 🔶 Whales Market 🐳

👉 Check if…

Grab your final chance 🎉 Our $BWB campaign has reached the final week! The 5th wave of the BWB Ecosystem Partner Program's exclusive loyal user reward is officially live 🤝 We've teamed up with 3 outstanding projects @babylon_chain @Coredao_Org @WhalesMarket 👉 Check if…
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💎 The effervescent conception about Bitcoin is that it is gold, and you should HODL it with diamond hands.

🤔 But is there anything else you can do with your Bitcoin while HODLing it?

💡 The first article in the Bitcoin Staking 101 series dives into our self-custodial Bitcoin…

💎 The effervescent conception about Bitcoin is that it is gold, and you should HODL it with diamond hands. 🤔 But is there anything else you can do with your Bitcoin while HODLing it? 💡 The first article in the Bitcoin Staking 101 series dives into our self-custodial Bitcoin…
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🎙️Our Chief Protocol Economist Sankha B shares insights on restaking and shared security in Episode 3 of YieldmosChat: 'Restaking on Cosmos'.

Give it a listen!🔊

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