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Published on: 2025-01-19 06:38:16 Published on: 2025-01-19 06:38:16

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fair finance ✌️【Job Search】✌️Start investing with ₹500 and make your money work for you with high returns.BOB, the "hybrid layer-2" network seeking to make Bitcoin the center of the decentralized finance (DeFi) universe, has taken a step toward that goal by integrating with BTC restaking protocol Babylon.An abbreviation of "Build on Bitcoin," BOB's aim is toestablish Bitcoin as the foundational network for DeFiby creating bridges between itself and other blockchains, using Bitcoin as the anchor chain to finalize transactions.Integrating with Babylon forms part of BOB's roadmap by giving it "Bitcoin finality," the point at which a transaction is permanent and irreversible on the oldest blockchain.

fair finance ✌️【Job Search】✌️Start investing with ₹500 and make your money work for you with high returns.Assets deposited from other chains on BOB would be confirmed and verified on Bitcoin via Babylon's protocol.Babylon, which is billed as a way of using BTC to secure other protocols and decentralized applications, is the foremost Bitcoin staking project in the sector, with total value locked (TVL) of around $6 billion.Staking refers to offering up crypto tokens to support the running of a blockchain network in return for rewards, similar to accruing interest in a bank account.Such a process is fundamental to networks like Ethereum and Solana which run on a "proof-of-stake" mechanism, but is absent from Bitcoin, which use "proof of work.fair finance ✌️【Job Search】✌️₹500 to start, high returns to earn. Join now and watch your wealth increase!

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