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Babylon (BABY)

€ 0,08570

1,85 % € 0,00159
24h 1w 1m 1y All

Babylon Price in Euros

(BABY to EUR)

€ 0,08570

Babylon Volume

(24h)

€ 58.47 M

Market Cap

(Babylon)

€195.92 M
BTC

What is Babylon

Babylon (BABY) represents an innovative step in the crypto ecosystem, aiming to enhance the security of Proof-of-Stake blockchains by leveraging the robust framework of Bitcoin. This decentralised protocol enables Bitcoin holders to stake their BTC directly on the Bitcoin blockchain without relying on intermediaries. Babylon is driven by a community focused on a decentralised future where Bitcoin underpins the security of other networks.

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How does Babylon work?

Babylon introduces a novel shared-security architecture. Its Bitcoin staking protocol allows BTC holders to participate in staking PoS chains while keeping their assets on the Bitcoin network. Additionally, Babylon has developed a BTC timestamping protocol, using Bitcoin's immutable ledger to provide verifiable timestamps for digital assets and transactions across different blockchains.

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How to buy Babylon?

Purchasing Babylon (BABY) at Coinmerce is straightforward. Simply find BABY, select your preferred payment method, and the BABY coins will be added to your Coinmerce wallet.

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How to buy Babylon?

Looking to acquire Babylon (BABY)? Coinmerce offers a user-friendly process. Once you've logged into your Coinmerce account, navigate to the 'Coins' section. If you don't see Babylon listed, use the search function to find 'BABY'. Click on Babylon, and on the right side, you can enter the amount of Euros you wish to invest. The corresponding amount of BABY you will receive will be displayed. After confirming the details, click 'Buy' to complete your transaction. Your BABY coins will then be securely stored in your Coinmerce wallet.

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About Babylon

Babylon is a decentralised protocol with a core mission to extend Bitcoin's unparalleled security to the wider blockchain ecosystem. It achieves this through its groundbreaking Bitcoin staking protocol, a system that allows Bitcoin holders to contribute to the security of Proof-of-Stake networks directly from the Bitcoin blockchain, eliminating the need for third parties. This innovative approach fosters a more secure and decentralised staking environment, bridging the gap between Bitcoin's robust trust and the efficiency of PoS chains. Furthermore, Babylon has pioneered a BTC timestamping protocol. By anchoring timestamps of digital assets and transactions to Bitcoin's immutable ledger, Babylon provides a verifiable layer of trust across various blockchain networks. This enhances the reliability of digital interactions and strengthens the overall security of the decentralised web. The Babylon Genesis network stands as the first Bitcoin Secured Network (BSN), built on the Cosmos SDK. It serves as a crucial control plane for security and liquidity orchestration for future BSNs, showcasing Babylon's potential to unlock Bitcoin's utility beyond its traditional role as a store of value. The project's commitment to developing security solutions and fostering interoperability highlights its vision for a more interconnected and secure blockchain future.

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Website Website
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Location
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Rank 230
euro
Market Cap 195.92 M
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Trading volume 58.47 M
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Maximum coins
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Circulating 2.29 B
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