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Babylon is a decentralized system that supports native Bitcoin staking directly on the Bitcoin blockchain without intermediaries. The protocol implements a novel shared security architecture, extending Bitcoin's security model to a broader decentralized ecosystem. Through its architecture, BTC holders can participate in multiple staking operations while keeping their assets on the Bitcoin network, providing verifiable security assurances for the Bitcoin Security Network (BSN). The main function of the protocol is to enhance the security of the Proof of Stake (PoS) consensus by implementing a Bitcoin staking mechanism. With cryptographic primitives and protocol-level innovations, the Babylon protocol supports trustless Bitcoin staking and has an efficient unbonding period
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