"Standard" implies something other implementations converge on, and that's the part I couldn't quite verify while reading about $BABY #TBV @Babylon_Labs. What exists right now is one project's specific implementation, BitVM3, garbled circuits, a particular proof-verification scheme, not a published specification other vault projects have adopted or are building toward independently. Calling it an emerging standard assumes a trajectory that hasn't actually happened yet, it assumes other teams will converge on this approach rather than building their own competing methods for achieving similar guarantees. Bitcoin's history with "standards" is instructive here, BIPs go through years of proposal, review, and adoption before they're genuinely standard, not just because one well-funded team shipped something that works. Babylon's approach might become the reference implementation everyone else builds toward, or it might end up as one credible option among several competing designs that never fully converge. Right now it's demonstrably a working implementation. Whether it becomes the standard, versus a standard, depends entirely on choices other teams haven't made yet, and that distinction matters more than the marketing language suggests.
#baby $BABY @BabylonLabs_io