Tolle ErklĂ€rung. đŻ Babylons Design ist einzigartig, weil der BTC sicher auf Bitcoin gesperrt bleibt, wĂ€hrend die Abstimmungsmacht des Finality Providers von aktiver Teilnahme abhĂ€ngt. Das Jailing beeinflusst den Konsens, nicht die Verwahrung, was sowohl die Sicherheit als auch die Verantwortlichkeit stĂ€rkt. đ⥠#baby $BABY @BabylonLabs_io
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$ON @BabylonLabs_io $BABY #baby
i keep thinking the weird part of a Babylon JAILED Finality Provider is not even the jailing itself.
itâs that nothing has to move on Bitcoin.
same staking UTXO. same native BTC locked inside the Babylon Taproot staking output. same BTC delegation still attached to that Finality Provider on Babylon Genesis.
zero BTC-derived voting power.
how can the Bitcoin position stay intact while its finality weight disappears?
because the lazy brain reads ACTIVE like some permanent promise. locked BTC, live voting power, rewards keep moving.
except the Finality Provider still has to show up.
miss enough required finality participation, enter the JAILED state, and Babylon Genesis stops counting that providerâs BTC-derived voting power.
no unbonding transaction.
no EOTS equivocation.
no slashing transaction touching the staking UTXO.
so what disappeared exactly?
not the BTC delegation.
only the Finality Providerâs ability to make that delegated Bitcoin count inside Babylon Genesis finality.
âthe stake stayed. the authority went dark.â
that keeps bothering me because people say locked BTC like the lock itself is doing all the security work.
but the BTC only supplies the delegated weight. the Babylon Finality Provider still has to submit the finality signatures. stop participating and that weight stops counting. rewards stop too.
and JAILED is not TOMBSTONED.
Babylon Finality Provider can return. the same staking UTXO can start carrying BTC-derived voting power again without being rebuilt.
so was the delegation ever really gone?
same Bitcoin underneath it all.
when the voting power comes back... what exactly returned?
i keep thinking the weird part of a Babylon JAILED Finality Provider is not even the jailing itself.
itâs that nothing has to move on Bitcoin.
same staking UTXO. same native BTC locked inside the Babylon Taproot staking output. same BTC delegation still attached to that Finality Provider on Babylon Genesis.
zero BTC-derived voting power.
how can the Bitcoin position stay intact while its finality weight disappears?
because the lazy brain reads ACTIVE like some permanent promise. locked BTC, live voting power, rewards keep moving.
except the Finality Provider still has to show up.
miss enough required finality participation, enter the JAILED state, and Babylon Genesis stops counting that providerâs BTC-derived voting power.
no unbonding transaction.
no EOTS equivocation.
no slashing transaction touching the staking UTXO.
so what disappeared exactly?
not the BTC delegation.
only the Finality Providerâs ability to make that delegated Bitcoin count inside Babylon Genesis finality.
âthe stake stayed. the authority went dark.â
that keeps bothering me because people say locked BTC like the lock itself is doing all the security work.
but the BTC only supplies the delegated weight. the Babylon Finality Provider still has to submit the finality signatures. stop participating and that weight stops counting. rewards stop too.
and JAILED is not TOMBSTONED.
Babylon Finality Provider can return. the same staking UTXO can start carrying BTC-derived voting power again without being rebuilt.
so was the delegation ever really gone?
same Bitcoin underneath it all.
when the voting power comes back... what exactly returned?
Haftungsausschluss: EnthÀlt Meinungen von Drittanbietern. Keine Beratung. Binance AI wird ohne GewÀhr bereitgestellt. Siehe AGB.