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Blockspace: AI News · Aug 18, 2024 · 36 min

Ep30: Fixing Proof of Stake with Babylon protocol

David Tse, cofounder of Babylon, explains how the Babylon protocol leverages the asset of Bitcoin to improve Proof of Stake systems. Tse discusses the broader implications for Bitcoin holders, suggesting that Babylon Chain could introduce a new era where Bitcoin holders play a more active role in securing the network, potentially earning yield in a low-risk manner. Follow our guests: @dntse @babylonlabs_io Follow our host: @cbspears 👋Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and bitcoin tech! Enjoy the show? Check out our website and newsletter! --- 0:00 - Intro 1:16 - Overview of Babylon Chain 1:35 - User Growth & Research Background 3:56 - Transition from Telecom to Blockchain 7:02 - Babylon Protocol and Bitcoin’s Role 10:25 - Time Stamping and Slashing Mechanisms 23:22 - Testnet Phases and Mainnet Launch Plans Learn more about your ad choices. Visit megaphone.fm/adchoices

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show notes

David Tse, cofounder of Babylon, explains how the Babylon protocol leverages the asset of Bitcoin to improve Proof of Stake systems. Tse discusses the broader implications for Bitcoin holders, suggesting that Babylon Chain could introduce a new era where Bitcoin holders play a more active role in securing the network, potentially earning yield in a low-risk manner.

Follow our guests: @dntse @babylonlabs_io

Follow our host: @cbspears

👋Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and bitcoin tech!

Enjoy the show? Check out our website and newsletter!

---

0:00 - Intro

1:16 - Overview of Babylon Chain

1:35 - User Growth & Research Background

3:56 - Transition from Telecom to Blockchain

7:02 - Babylon Protocol and Bitcoin’s Role

10:25 - Time Stamping and Slashing Mechanisms

23:22 - Testnet Phases and Mainnet Launch Plans

 

Learn more about your ad choices. Visit megaphone.fm/adchoices

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