About MathWallet
MathWallet is the Multichain Wallet for Web3 that enables token storage of 100+ chains including BTC, ETH, Polkadot, Filecoin, Solana, BSC, Cosmos etc, supports cross-chain token bridges and multi-chain dApp store. Our investors includes Fenbushi Capital, Alameda Research, Binance Labs, FundamentalLabs, Multicoin Capital, NGC Ventures, Amber Group, 6Eagle Capital.
What is Babylon Genesis?
Babylon Genesis is the first Bitcoin Secured Network (BSN) to leverage Bitcoin's security and serves as the control plane for security and liquidity orchestration for future BSNs. Built on the Cosmos SDK framework, Babylon Genesis introduces key innovations for enhanced PoS security and interoperability, unlocking Bitcoin's potential beyond its traditional role as a store of value.
Babylon Genesis introduces a multi-staked CometBFT (Tendermint) consensus mechanism:
- Bitcoin Staked: BTC holders can stake their assets directly on the Bitcoin network in a self-custodial manner without wrapping or bridging. These BTC stakers delegate to a Finality Provider who enhances the security of the Proof-of-Stake (PoS) chain.
- BABY Staked: BABY token stakers delegate to CometBFT validators who oversee block production and consensus operations.
This dual approach combines Bitcoin's security with Cosmos's flexibility, creating a robust and interoperable blockchain ecosystem.
https://babylonlabs.io/