⚡️ Third Cap: Milestone Achieved!

? A total of 710 Signet BTC were captured during 720 Signet blocks in cap 3 of Babylon Bitcoin Staking Testnet-4.

? Congratulations to the 333,470 stakers who joined us on this journey!

?? Cap 3 of the Babylon Bitcoin Staking Testnet-4 is LIVE!

*⚡️*https://btcstaking.testnet.babylonchain.io

Time to stake your Signet BTC! ?

?? Testnet-4 Cap 3 imminent!

Cap 3 of Babylon Bitcoin Staking Testnet-4 goes live on Wednesday, 19 June, 2024!

⚡️Dashboard: https://btcstaking.testnet.babylonchain.io
⚡️Galxe: https://app.galxe.com/quest/Babylon/GCyyntz73L

This cap will be time-based, with the testnet accepting stakes for 5 days (120 hours), starting from Signet BTC block height 200,665 at approximately 9 AM UTC on Wednesday, 19 June, and lasting for 720 blocks, ending at Signet BTC block height 201,385 around 9 AM UTC on Monday, 24 June.

Based on community feedback, we have added a fee adjustment feature to the staking web dApp. This feature allows the staker to customize the transaction fee to increase the chance of their staking transaction getting included in the Signet block.

Read more about this testnet ? https://babylonchain.io/blog/babylon-bitcoin-staking-testnet-4-launch

Unlocking Bitcoin's vast potential through staking! ?⛓

From a successful Bitcoin Staking Testnet-4 launch to powering various new DeFi use cases, here's what's new for the Babylon ecosystem since our last update:

? https://babylonchain.io/blog/ecosystem-update-babylon-expands-bitcoin-staking-across-defi

babylonchain.io

BabylonChain - Babylon Ecosystem Update 2: UnlockingBitcoin’sFull Potential

Unlocking Bitcoin to Secure the Decentralised Economy. Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy.

?Rollups have emerged as a promising solution to scalability challenges faced by L1 blockchains like Ethereum, but current architectures often sacrifice security for increased throughput.

⚡️In our new proposal, "Forkless Rollups with Bitcoin Staking," we introduce a solution that enhances rollup security by leveraging Bitcoin staking, reducing latency, and addressing the centralization bottleneck.

?https://babylonchain.io/blog/forkless-rollups-with-bitcoin-staking

babylonchain.io

BabylonChain - Forkless Rollups with Bitcoin Staking

Unlocking Bitcoin to Secure the Decentralised Economy. Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy.

⚡️ Second Cap: Milestone Achieved!

? Enough Signet BTC were captured within 36 Signet blocks of activation to fill the second cap of Babylon Bitcoin Staking Testnet-4.

? Congratulations to the 27,941 stakers (50 Signet BTC) who joined us on this journey; and to the remaining 32.723 users (38.43 Signet BTC, pre-unbonding) who weren't able to get their stake in: worry not, testing continues!

? Stay tuned for more updates on the next cap.?

? Bitcoin Renaissance: X-Spaces [Ep. 4] [PoS Security & Role of Wallets in Web3]

? Ever wonder what security in the proof of stake world means? How do validators ensure PoS security? What role do wallets play in advancing web3? What makes wallets secure? Are your funds safe in a web3 wallet?

? Join us as we explore and seek to answer some of these burning questions for you!
? Set a reminder ➡️ https://x.com/i/spaces/1OyKAWDoWgWJb

To all our community members from South Korea?? ~ our first ever meetup in the country is happening on June 12th! ?

Don’t miss out on engaging panel discussions about self-custodial Bitcoin staking and its impact on PoS chains, plus insights into the future of the Bitcoin ecosystem.

Agenda includes a keynote from David Tse, our Co-founder and panel discussions with Josh Lee (Osmosis Co-founder), Koko (Hana Network Founder) & many other project leaders.

Register now: https://lu.ma/acfqtk3a?tk=G1Z0b1

??Babylon Bitcoin Staking Testnet-4, Cap 2 is LIVE!

⚡️https://btcstaking.testnet.babylonchain.io
The gates are open - go participate in the Bitcoin staking revolution! ?

?? Ready for Cap 2?

Cap 2 of Babylon Bitcoin Staking Testnet-4 goes live tomorrow, on Wednesday, June 05, 2024!

⚡️ Dashboard: https://btcstaking.testnet.babylonchain.io
⚡️ Galxe: https://app.galxe.com/quest/Babylon/GCyyntz73L

Saddle up & read more about this testnet ?
https://babylonchain.io/blog/babylon-bitcoin-staking-testnet-4-launch