๐ Bitcoin Secured Network
The First of Its Kind: Bitcoin Securedโ
Corn has partnered with Babylon to become the worldโs first Bitcoin Secured Network (BSN). By leveraging Babylon Bitcoin Staking, Corn is the first Ethereum Layer 2 to secure its network using both Bitcoin and Ethereum staking. This unique dual-layer approach makes Corn one of the safest and most efficient networks in the world, blending Ethereum's programmability with Bitcoinโs security.
Why Bitcoin Security?โ
Bitcoin is the worldโs strongest and most trusted asset. Given Cornโs focus on enabling Bitcoin in DeFi, itโs only natural for Bitcoin to play a critical role in securing the network as well. This alignment further strengthens Cornโs mission of delivering Bitcoin-centric programmability with Bitcoin-centric security, creating the best of both worlds.
What is Babylon?โ
Babylon allows Bitcoin holders to contribute to the security of other systems and proof-of-stake (PoS) chains like Corn without needing to trust third parties. Instead of relying on wrapping or bridges, Babylon uses advanced cryptography to enable Bitcoin staking directly from the Bitcoin network. This means Bitcoin can help secure PoS chains while remaining in its native environment. By doing so, Babylon helps unlock the potential of idle Bitcoin, making it a powerful tool to protect decentralized networks.
Benefits of a Bitcoin Security Layerโ
- Faster Block Finality: From Ethereumโs ~12-minute finality to seconds, enabling safer cross-chain transactions and faster on/off ramps.
- Stronger Security Guarantees: A Bitcoin layer significantly enhances network security, protecting against attacks.
- Future-Proofing for Decentralization: The integration with Babylon opens doors to decentralized sequencing and verification, making Corn even more robust over time.
Babylon Integration: Coming Soonโ
While Corn is excited to become the first Bitcoin-Secured Network, the integration of Babylonโs security layer will not be available at the time of Cornโs Maizenet launch. However, the team is actively working on bringing this advanced feature shortly after launch. Once integrated, Babylon will strengthen Corn with Bitcoin staking, offering enhanced security and faster block finality. Stay tuned for updates and more specifics on the integration process, which will be shared here soon.