Babylon Blockchain Goes Live with Bitcoin Security at its Core

Babylon, a novel layer 1 blockchain protocol, officially launched today, integrating Bitcoin’s security into its decentralized infrastructure. Leveraging Bitcoin for staking and employing proof-of-stake (PoS) consensus, Babylon aims to enhance the existing blockchain landscape by connecting with Cosmos zones. The launch marks a significant advancement in crypto space as it utilizes Bitcoin’s strength to build a wider ecosystem for DeFi applications.