On March 31, Babylon Foundation announced on social platforms that they are "about to launch Phase-2: Babylon Genesis mainnet, becoming the first Bitcoin Security Network (BSN), directly obtaining cryptoeconomic security from Bitcoin through the Babylon Bitcoin staking protocol. Babylon Genesis is an independent Layer 1 with advanced security features that will also serve as the control plane and liquidity center for other BSNs, enabling them to combine with Bitcoin's security and liquidity."
Babylon Foundation: Genesis Mainnet to be launched soon
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