So we're now staking Bitcoin to provide "economic security to other chain"? That's funny. GM 🤡 🌍
Discussion
"we" are not.
Not me but looking at the mempool the shitcoiners are.
https://docs.babylonchain.io/assets/files/btc_staking_litepaper-32bfea0c243773f0bfac63e148387aef.pdf
Tell me you don't understand Proof of Work without telling me you don't understand Proof of Work lol.
These shitcoiners forgot why we don't need to switch to PoS - the economic security is baked into the consensus algorithm.
This reminds me of the jpg staking hype from the last cycle. Buy some jpgs, stake them for a useless token, dump the token cause the underlying game for the jpgs will take 5 years of development before they rug. Why would anyone stake their BTC to back a shitcoin with it?
😂
No.. we're using BTC as gas for other coins lol $KORN