According to news on January 6, according to the official website, Babylon has reached a cooperation with OKX Web3 wallet. Babylon’s Bitcoin staking protocol is now connected to OKX Web3 wallet, providing users with a seamless and safe way to participate in Bitcoin staking and prove their rights and interests. The network provides security. With this integration, OKX Web3 users can connect directly to Babylon’s Bitcoin staking platform, easily locking Bitcoin in a self-hosted staking script and participating in the consensus of the PoS system without the need for additional account setup or complex login processes. verify. This cooperation demonstrates the two parties’ shared vision in providing a secure, user-friendly Web3 experience, aiming to promote the application of Bitcoin in the decentralized ecosystem and enhance the security and utility of digital assets.
It is reported that Babylon is a protocol designed to enhance the security of the PoS chain through Bitcoin scaling. Its Bitcoin staking protocol allows Bitcoin holders to lock Bitcoins on the Bitcoin network without third-party involvement, and provides security for PoS systems such as PoS chains, Layer 2, data availability layers, etc. This innovation combines the trusted security of Bitcoin with the efficiency of a PoS system to provide an attractive solution for blockchain security. OKX Web3 Wallet, as the industry's leading one-stop Web3 portal, has supported more than 120 popular public chains, covering four major scenarios: App, plug-in, web page, and Telegram Mini wallet.