Update: Babylon Bitcoin Staking Mainnet is now LIVE! Validation Cloud is proud to support Babylon as a Finality Provider. Start staking here.
Validation Cloud is proud to support Babylon Chain as a Finality Provider. Babylon introduces a novel system for Bitcoin staking, which leverages Bitcoin's security to create a more decentralized and secure Proof-of-Stake (PoS) blockchain. Babylon aims to enhance interoperability between Bitcoin and other blockchain networks by building a suite of Bitcoin security-sharing protocols. This enables Bitcoin as an asset to provide economic security to any decentralized system.
Babylon Chain enhances the security of PoS blockchains by utilizing Bitcoin's Proof-of-Work (PoW) security model through cross-chain staking, allowing Bitcoin to be staked to secure PoS chains. This process improves overall blockchain security without relying on third-party custody or vulnerable wrapped tokens.
Validation Cloud is proud to be a Finality Provider for the Babylon Chain. Finality providers in the Babylon blockchain are responsible for voting during finality rounds. They receive voting power delegations from BTC stakers and earn commission from staking rewards denominated in Babylon tokens ($BBN). Finality providers ensure secure and efficient finality voting for the network. View the Babylon Staking Dashboard here.
Interested in validators to help scale your network? Contact us to see how we can support your network’s growth.
Validation Cloud is a Web3 data streaming and infrastructure company that connects organizations into Web3 through a fast, scalable, and intelligent platform. Headquartered in Zug, Switzerland, Validation Cloud offers highly performant and customizable products in staking, node, and data-as-a-service. Learn more at Validationcloud.io | LinkedIn | X