Babylon Integrates with Glacier Network to Build Enhanced Validator Network
We are thrilled to announce that Babylon integrates with Glacier Network to strengthen and expand the validator network, offering enhanced capabilities and reliability.
With a shared commitment to fostering security and interoperability within the digital realm, this exciting collaboration signifies a unified effort to propel innovation and empower users worldwide.
◾️Babylon: Unlocking Bitcoin to Secure Decentralized Economy
Babylon is a blockchain project that designs security-sharing protocols for the decentralized economy, founded in 2022 by Stanford Professor David Tse and Dr. Fisher Yu.
Babylon’s mission is to scale Bitcoin to secure the decentralized economy. To achieve this, Babylon utilizes the three primary facets of Bitcoin: Bitcoin the asset, Bitcoin the PoW-secured timestamping server, and Bitcoin the most censorship-resistant blockspace in the world.
Babylon is building a suite of Bitcoin security-sharing protocols including:
- Bitcoin timestamping: This protocol sends succinct and verifiable timestamps of any data (such as PoS blockchains) to Bitcoin, preventing Long-Range Attack for PoS chains.
- Bitcoin staking: This protocol allows bitcoin the asset to provide economic security to any decentralized systems through trustless (and self-custodian) staking.
Through inventing pioneering protocols, Babylon envisions a more secure and Bitcoin-centric decentralized world.
🧊Glacier Network: Supercharge AI at Scale
Glacier Network is the first Data-centric blockchain to supercharge GenAI.
Glacier Network is building a programmable, modular and scalable blockchain infrastructure for storing, indexing and querying data, supercharging AI and DePIN. Glacier empowers verifiable computing through GlacierAI, GlacierDA, and GlacierDB.
Glacier provided the data-centric network to handle datasets seamlessly and effortlessly with GlacierDB and GlacierAI on top of Arweave, Filecoin, and BNB Greenfield. Glacier also launched the GlacierDA to solve the demand for off-chain verification and computing of GenAI executed states.
💫Key Value of Integration
The Validator network stands as a cornerstone within the Glacier Network, providing it with decentralization, scalability, and efficacy for AI projects. During the early development of the validator system, Babylon provides timestamping and staking services to Glacier Network, enlisting Bitcoin holders with robust security measures and full slashable security guarantees.
In Glacier architecture, Glacier rollup sequencer processes transactions, produces rollup blocks, and submits rollup proofs to the Layer1 chain and submits rollup data blocks to data availability layer. Babylon provides Bitcoin Timestamp to protect the PoS chain from long-range attacks, and Bitcoin staking protocol to allow bitcoin holders to stake their bitcoin for Glacier blockchain, without needing any third-party custody/bridge/wrapping.
- Enhancing Security: The integration of Babylon’s Bitcoin staking protocol into Glacier provides a robust framework for enhancing the security, liquidity, and operational efficiency of the rollup.
- Modular Design: This integration not only fortifies Glacier’s security posture but also offers a modular and flexible solution that aligns with the dynamic needs of a decentralized rollup system.
- Self-Custodial Staking: Babylon’s meticulously designed Bitcoin protocol operates on a trustless basis, eliminating the need for intermediaries such as Bitcoin bridging, wrapping, third-party custody, altcoin collateral, oracles.
- Ensure Decentralization: By leveraging Bitcoin’s secure and economically significant staking mechanism, Glacier can ensure that its decentralized sequencers operate with heightened integrity and reliability.
🧊About Glacier
Glacier Network is building a programmable, modular and scalable blockchain infrastructure for storing, indexing and querying data, supercharging AI and DePIN.
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