Welcome to this video on Babylon chain, a method to enhance the security of blockchains running the Proof-of-Stake consensus using Bitcoin. Babylon combines the security of Bitcoin’s Proof-of-Work protocol with the energy efficiency and fast finality of a PoS protocol. The result is a system that is both secure and efficient. Babylon works by using Bitcoin as a “checkpoint” for the PoS protocol. This allows the PoS protocol to take advantage of Bitcoin’s immense hash power and resistance to long-range attacks, while still retaining the energy efficiency and fast finality of a PoS protocol.
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