2024

Evolution

Bitcoin

Cosmos

<h4><strong>This expansion, fueled by the Babylon chain’s integration, brings Bitcoin staking to the Cosmos ecosystem. </strong></h4> 
<p>Recently, Babylon’s integration into Cosmos Hub was announced, marking a key evolution milestone.</p> 
<h5><strong>Babylon Integration Marks Cosmos Evolution</strong></h5> 
<p>Facilitated by <a href="https://twitter.com/informalinc" target="_blank" rel="noopener">informing</a>, this integration has paved the way for the arrival of the Lorenzo Protocol. The Lorenzo Protocol introduces advanced Bitcoin L2 services, secured by ATOM, within Cosmos. This initiative uses Babylon tech for secure Bitcoin staking, diversifying Cosmos’ financial services.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">GM Bitcoin Pioneers! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f536.png" alt="🔶" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f512.png" alt="🔒" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7e9.png" alt="🟩" class="wp-smiley" style="height: 1em; max-height: 1em;">The BTC Staking Dashboard is live, and you can try out staking Signet BTC as much as you like!<a href="https://t.co/J6LmIT5Frr">https://t.co/J6LmIT5Frr</a></p> 
 <p><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4dd.png" alt="📝" class="wp-smiley" style="height: 1em; max-height: 1em;">Do make sure to provide your feedback or ask any questions you might have on our forum: <a href="https://t.co/iO31vGFxSG">https://t.co/iO31vGFxSG</a></p> 
 <p><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/25b6.png" alt="▶" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f51a.png" alt="🔚" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/FbzBR5K8yq">pic.twitter.com/FbzBR5K8yq</a></p> 
 <p>— Babylon (@babylon_chain) <a href="https://twitter.com/babylon_chain/status/1773240050546851969?ref_src=twsrc%5Etfw">March 28, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>By offering Bitcoin staking via a secured Appchain, Cosmos Hub broadens its utility and opens new investment avenues.</p> 
<p>The mainnet launch of the Lorenzo Protocol is eagerly anticipated, with plans to go live as soon as late April. This fast development shows the teams’ efficiency and response to the demand for advanced, secure <a href="https://www.altcoinbuzz.io/?s=staking" target="_blank" rel="noopener">staking</a> options. The launch promises to bring a new level of functionality and accessibility to Bitcoin staking, potentially attracting a broader audience to the Cosmos ecosystem.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Babylon <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/BSquaredNetwork?ref_src=twsrc%5Etfw">@BSquaredNetwork</a></p> 
 <p>Babylon will enhance the security of B² Network's DA Layer, B^2 Hub, against long-range attacks through the Bitcoin Timestamping Protocol, safeguarding the PoS mechanism.</p> 
 <p>B² Network will join Babylon's BTC Staking, unlocking liquidity of staked BTCs… <a href="https://t.co/t0uOyuYbxi">https://t.co/t0uOyuYbxi</a></p> 
 <p>— Babylon (@babylon_chain) <a href="https://twitter.com/babylon_chain/status/1772648729591595344?ref_src=twsrc%5Etfw">March 26, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The introduction of Bitcoin L2 services through the Lorenzo Protocol is a game-changer for the <a href="https://www.altcoinbuzz.io/?s=cosmos" target="_blank" rel="noopener">Cosmos Hub</a>. It reinforces Cosmos’ leadership in innovation and opens new possibilities for Bitcoin in financial ecosystems. As the mainnet launch nears, anticipation grows for its impact on Cosmos Hub’s utility and cryptocurrency investment.</p> 
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<p><strong>Disclaimer</strong><br> The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/cosmos-hub-expands-with-bitcoin-l2-staking-via-babylon-chain/">Cosmos Hub Expands with Bitcoin L2 Staking via Babylon Chain</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Cosmos Hub Expands with Bitcoin L2 Staking via Babylon Chain

Altcoin Buzz

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