In the past few years, the blockchain industry has been involved in a number of computation and decentralized finance-related innovations. Because of its widespread adoption, this has several upgradeable features. Out of this has mushroomed various Layer 1 and Layer 2 solutions, with their concentration on lessing gas prices and quicker transactions.
Babylon has taken the initiative to incorporate Router Protocol into its testnet. This is basically a Layer 1 cross-chain and interoperable blockchain. It has been created with the utilization of Cosmos’ Tendermint consensus. This incorporation provides Router Protocol with Bitcoin’s unparalleled security layer. In addition, the Bitcoin security framework of Babylon enables PoS chains to significantly reduce their secured stake unlinking time.
The prime factor related to Babylon incorporation is the Bitcoin Safety Structure, which uses Bitcoin’s strong safety framework in the form of a timestamping server. This procedure ensures that tasks emanating from the Router Protocol are time stamped on the Bitcoin blockchain.
As a trust-building measure, unbonding intervals can persist for weeks. This allows users to return to the chain and securely rebond to it. They become aware of threats that occurred during their absence and that have been adequately addressed. The incorporation of Babylon’s Bitcoin-enhanced security framework reduces the risk factor, and a prolonged trust period is not required. This is made possible through the use of Bitcoin timestamps, which provide users with the option to distinguish between the genuine chain and the threat chain.
Where the Cosmos chain is concerned, the general time taken for unlinking is 21 days. However, in the case of Babylon’s application of Bitcoin safety, the procedure becomes faster. Users only need to hold on to the Bitcoin timestamp of their unlinking appeal transaction to obtain the required consent on the Bitcoin blockchain. This happens after 100 Bitcoin blocks and takes 24 hours.
The Babylon incorporation provides Router Protocol, with regards to stake unlinking, as a safe and dependable unlinking procedure. The incorporation does more than simply improve safety factors. Babylon’s new-age Bitcoin safety systems hold up the safety of high-end asset shifting through links amongst PoS chains, which further resist double-spend threats and other risk factors. This helps raise the aspect of dependability in the minds of users.
For its part, Babylon is a project related to creating safety protocols for the decentralized arena. Babylon stemmed from a research document regarding Bitcoin safety written by the co-founder of Babylon, David Tse. He is also credited with being the founder of EigenLayer Sreeram Kannan and their peers. The project is handled by team members involved in consensus protocol research and seasoned Layer 1 engineers from all over the globe.