The post LayerEdge Integrates with Babylon to Make Bitcoin Backed Internet A Reality appeared on BitcoinEthereumNews.com.

LayerEdge and Babylon are thrilled to announce their integration, marking a groundbreaking step in decentralized trust and zk-based settlement on Bitcoin, powering Bitcoin’s security for all layers and apps. Babylon’s Euphrates Devnet now powers LayerEdge’s architecture, unlocking a synergy that merges Bitcoin’s unmatched economic security with LayerEdge’s zk-proof aggregation technology. Together, this partnership transforms Bitcoin into a bedrock for secure, scalable, and decentralized protocols. Babylon: Unlocking Bitcoin’s Crypto-Economic Security Babylon empowers decentralized networks by allowing Bitcoin holders to stake their BTC to secure new decentralized systems, including Proof-of-Stake (PoS) chains, Layer 2 solutions, and Data Availability (DA) layers. Babylon provides: Decentralized Trust: Enabling newer chains to inherit Bitcoin’s security without compromising decentralization. Focus on Innovation: Allowing protocols to prioritize scalability, usability, and innovation while benefiting from Bitcoin-staked finality. Shared Security: Leveraging Bitcoin’s PoW model to create a secure ecosystem for emerging protocols. By leveraging Bitcoin’s economic security, Babylon ensures decentralized networks remain resilient to attacks like 51% attacks, fostering trust and scalability. LayerEdge: Powering the ZK Economy LayerEdge builds on Babylon’s security guarantees by extending its functionality to zk-powered ecosystems. With its cutting-edge zk-proof aggregation technology, LayerEdge ensures Bitcoin-backed crypto-economic security for zk protocols, appchains, and more. Key benefits of LayerEdge include: Cost-Efficient Proof Aggregation: Aggregating multiple zk-proofs into a single compact proof, reducing verification costs and on-chain footprint by up to 99%. Batching Across Chains: Supporting zk-proof batching across multiple chains and protocols, optimizing throughput and scalability while minimizing Bitcoin blockspace consumption. Preconfirmations: Providing preconfirmations within 10 seconds, enabling zk protocols to operate smoothly and securely before final settlement on Bitcoin. Modular Growth: Acting as a backbone for modular ecosystems, enabling protocols to scale seamlessly without high settlement costs. The Bitcoin ZK Powerhouse: Babylon + LayerEdge Together, Babylon and LayerEdge form the Bitcoin ZK Growth Engine, combining Bitcoin’s economic…

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Filed under: News - @ December 17, 2024 3:26 pm