Summary:
Babylon Labs integrates Tomo Connect's Enterprise SDK to improve Bitcoin wallet connectivity.
Advanced Bitcoin staking capabilities introduced in the Phase-2 testnet.
Tomo Enterprise SDK simplifies wallet integrations for blockchain projects.
Supports a variety of wallet providers enhancing user reach.
Babylon Labs aims to build a Bitcoin-secured decentralized world.
Babylon Labs Integrates Tomo Enterprise SDK
Los Angeles, CA, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Babylon Labs has integrated Tomo Connect's Enterprise SDK to enhance wallet connectivity for the Babylon Bitcoin Staking Phase-2 testnet. This integration brings Bitcoin wallet functionality to the Babylon protocol, allowing users to access staking features through top Bitcoin-compatible wallets.
Enterprise SDK Integration
The Tomo Enterprise SDK is a vital tool for developers within the Babylon ecosystem. This extensively audited SDK simplifies wallet integrations while providing robust functionality tailored for blockchain projects. It offers:
- A Well-Defined Wallet Interface: This interface is designed specifically for the Babylon ecosystem, ensuring easy interaction with wallet functionalities across Bitcoin and Cosmos ecosystems.
- A One-Stop Solution for Popular Wallets: Tomo Enterprise SDK enables compatibility with various wallets, including browser extensions, hardware wallets, and mobile solutions.
Supported wallet providers include:
- Tomo Wallet: A Bitcoin-first extension supporting 20+ networks.
- Web3 solutions: Cactus, Keystone, OKX, and BitGet wallet.
- Native Bitcoin tools: UniSat.
This broad compatibility allows dApps to reach more users across different platforms without additional development.
Phase-2 Testnet Architecture
The Babylon Phase-2 testnet (bbn-test-5) introduces advanced Bitcoin staking capabilities with a Proof-of-Stake chain implementation. The platform processes both new Signet Bitcoin stakes and Phase-1 testnet stake migrations through secure, non-custodial infrastructure.
The testnet involves multiple independent protocol participants:
- Signet Bitcoin stakers managing direct stakes.
- Finality Providers securing network operations.
- CometBFT validators producing blocks.
- Liquid staking protocols optimizing reward generation.
- Wallets for secure transaction signing.
- dApp developers deploying CosmWasm smart contracts.
Launch Sequence
Key events on January 8, 2025, include:
- Phase-1 monitoring until 8:30 AM UTC.
- Block Production Initiation at 9 AM UTC, opening registration for Finality Providers and validators.
- Staking Platform Access at 10 AM UTC, allowing seamless registration of Phase-1 stakes into the Phase-2 testnet.
- The first 72 hours are reserved for Phase-1 Cap-1 stakes, after which the platform opens for all participants.
Bitcoin DeFi Ecosystem
Major Bitcoin LSTs building on the Babylon protocol, such as Lombard and Lorenzo, have integrated Tomo Connect Web SDK for secure wallet connectivity. This showcases the SDK's capability to handle institutional-grade Bitcoin DeFi operations at scale.
About Babylon Labs
Babylon Labs focuses on Bitcoin security-sharing protocols, aiming to create a Bitcoin-secured decentralized world. Their latest development is the world's first trustless and self-custodial Bitcoin staking protocol, allowing Bitcoin holders to stake BTC on decentralized systems without third-party custody, enhancing Bitcoin's utility.
For more information about Babylon Labs, you can visit their Website | Twitter | Discord | Linkedin.
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