Altcoin

Binance adds support for new Bitcoin (BTC) strike Protocol Babylon (baby)

Published

5 months ago

April 10, 2025

The most important crypto trade platform on the earth by commerce quantity is help for a brand new Bitcoin (BTC) design protocol.

In a brand new announcement, Binance out It should add the BTC Strike Challenge Babylon (Child) to its big collection of digital asset merchandise.

Babylon, that launched Babylon Genesis as we speak, rose in worth after acquiring help from Binance.

Child went from a day by day layer of $ 0.084 to a peak of $ 0.099 just a few hours later. It has since retired and is traded for $ 0.087 on the time of writing, a win of 4.6% over the past 24 hours.

In response to the official Litaper of the mission, the protocol is designed To resolve latency, safety and programmability issues in reference to BTC, one thing Layer-2 initiatives have struggled with it up to now.

“Bitcoin is the primary and nonetheless one of the best blockchain by way of market capitalization. After a price of worth, nonetheless, its use is proscribed by its small blockspace, excessive latency and restricted programmability. Particularly, earlier efforts within the scaling of Bitcoin and the broadening of the person points to those cash and different low-2 initiatives.

The bridges are restricted by safety or by capability or by each. Our work brings a brand new and necessary use case for the Bitcoin belongings: Set to offer safety for the POS world (proof-of-stake) world. What now we have proven is that for this use case, bridging the Bitcoin belongings to different chains just isn’t mandatory, however full financial security could be supplied to the POS chains. “

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