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Babylon

Babylon  

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Blockchain Infrastructure

Status

General Info

Funds and Backers

Description

Babylon project designs security protocols that scale Bitcoin to secure the decentralized world.

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Potential

Potential

Task Type:

Bounty Platforms, Node

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What is Babylon?

Babylon’s mission is to scale Bitcoin to secure the decentralized world. To achieve this, Babylon utilizes the three primary facets of Bitcoin: Bitcoin as an asset, its reliable timestamping service, its most censorship-resistant blockspace in the world. To leverage these facets, Babylon is developing three innovative security-sharing protocols: Bitcoin Staking Protocol, Bitcoin Timestamping Protocol, and Bitcoin Data Availability Protocol. Through these pioneering protocols, Babylon envisions a more secure and decentralized future. The project is led by a team of consensus protocol researchers from Stanford and experienced layer 1 engineers from around the world.

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