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Babylon
- Easy
- BTC , ATOM
Babylon
Babylon's goal is to Scale Bitcoin in order to protect the decentralized world. Babylon uses the three main aspects of Bitcoin—its asset value, its dependable timestamping functionality, and its world's most censorship-resistant blockspace—to accomplish this. Babylon is creating three cutting-edge security-sharing protocols—the Bitcoin Staking Protocol, the Bitcoin Timestamping Protocol, and the Bitcoin Data Availability Protocol—to take advantage of these features. Babylon hopes to achieve better security and decentralization in the future with these innovative protocols. A group of seasoned layer 1 engineers from across the globe and Stanford researchers studying consensus protocols are spearheading the initiative.
Tell Me More...
- Difficulty level : Easy
- Capital is not required
- Backed by 7 investors
- Investment raised: USD 96 Million
Please do your own research.