Bitcoin Staking Protocol Babylon Initiates Testnet Phase

Babylon, a Bitcoin staking protocol, has announced the launch of its testnet, marking a significant milestone in its development. Since its inception in 2022, Babylon has been at the forefront of integrating Bitcoin into the proof-of-stake (PoS) ecosystem. The protocol’s testnet phase, built on BTC Signet, offers a risk-free environment for users to explore its features without the need to stake real Bitcoin.