E123: Understanding Babylon Bitcoin Staking with David Tse (Co-Founder of Babylon)
$500 billion in BTC is sitting mostly dormant. Proof-of-Stake chains need large amounts of capital to secure the network. David Tse is working to solve these two problems by allowing you to stake Bitcoin and secure a myriad of other blockchains.
This new project is called Babylon. Check out the recently released litepaper here.
https://docs.babylonchain.io/assets/files/btc_staking_litepaper-32bfea0c243773f0bfac63e148387aef.pdf
Follow David Tse on Twitter: @dntse
Follow Babylon on Twitter: @babylon_chain
Learn more about Babylon
https://babylonchain.io/