Unlocking the Economic Security of Bitcoin for a Decentralized World, with Fisher Yu (Babylon Labs)
WAGMI Ventures Podcast
WAGMI Ventures Podcast
Unlocking the Economic Security of Bitcoin for a Decentralized World, with Fisher Yu (Babylon Labs)
Sep 06, 2024 Season 2 Episode 122
WAGMI Ventures

Fisher Mingchao Yu is Co-Founder and Chief Technology Officer of Babylon Labs (http://babylonchain.io). Babylon is an innovative project designed to improve the security of Proof-of-Stake (PoS) blockchains by enabling Bitcoin holders to earn yield by putting their idle Bitcoins to work to bolster the economic security of Proof-of-Stake (PoS) chains and dApps. In this episode, we chat with Fisher as he breaks down in systematic detail, the unique challenges of building staking infrastructure on the Bitcoin blockchain, Babylon's trustless and decentralized approach to enabling the scaling of bitcoin to secure PoS chains and dApps, and the innovation journey of the protocol.