BMaxi on Nostr: The spike in #Bitcoin transactions fees could be due to Babylon’s Bitcoin Staking ...
The spike in #Bitcoin transactions fees could be due to Babylon’s Bitcoin Staking protocol going live.
This allows BTC holders to stake their Bitcoin to PoS systems. Bitcoin is locked in a script, earning voting power and staking rewards without involving a third party.
#Nostr
Published at
2024-08-22 13:35:59Event JSON
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"content": "The spike in #Bitcoin transactions fees could be due to Babylon’s Bitcoin Staking protocol going live.\n\nThis allows BTC holders to stake their Bitcoin to PoS systems. Bitcoin is locked in a script, earning voting power and staking rewards without involving a third party.\n\n#Nostr https://image.nostr.build/abef5a3f2ea7f9ada0ceef9167202433dab22e40bd1d85b4bd78f2c5c5596046.jpg ",
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