The largest crypto exchange platform in the world in terms of volume adds a new Bitcoin Stage Protocol (BTC).
In a new announcement, Binance says that she will add the BTC Babylon (baby) development project to her vast suite of digital active products.
Babylon, who launched Babylon Genesis today, has increased in value after obtaining Binance’s support.
Baby went from a lower daily $ 0.084 to a peak of $ 0.099 a few hours later. He has since retraced and negotiated at $ 0.087 at the time of the editorial staff, a gain of 4.6% in the last 24 hours.
Depending on the official liter of the project, the protocol is designed to solve the problems of latency, safety and programmability associated with the BTC, which layer 2 projects have had trouble in the past.
“Bitcoin is the first and always the superior blockchain in terms of market capitalization. However, beyond a reserve of value, its usefulness has been limited by its small block of space, its high latency and its limited programmability. In particular, the previous efforts to put on a bitcoin scale and expand its use cases by building workforce and other projects in layer 2 are fasted by the inability to bridge over a large amount of bitcoins for chains.
The bridges are limited either for safety or by capacity or by both. Our work brings a new case of significant use for Bitcoin assets: marked out to ensure the security of the world POS (proof of bet). What we have shown is that for at least this case of use, the bridging of Bitcoin assets with other channels is not necessary, but complete economic security can be provided to the POS channels. »»
Follow us on X, Facebook and Telegram
Do not miss a beat-Subscribe to obtain alerts by e-mail delivered directly in your reception box
Check price action
Surf the daily Hodl mixture
& nbsp
Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.
Image generated: Midjourney
