$BABY
Analyze the liquidation and violation penalty mechanism (Slashing) of TBV
Many friends are curious: how does TBV prevent stakers from misbehaving without needing to put the system on-chain? Trustless Bitcoin Vaults (TBV) by @BabylonLabs_io introduces One-Time Signature (OTS) technology that can be extracted. If a staker attempts to double-sign or misbehave on the PoS chain, the corresponding portion of their private key will be exposed at the cryptographic level, which in turn leads to the BTC they have locked on the Bitcoin mainnet being liquidated in accordance with the law. This rigorous hedging logic ensures that the trust boundary is not broken, and also lays the solid foundation for $BABY ! #baby
Analyze the liquidation and violation penalty mechanism (Slashing) of TBV
Many friends are curious: how does TBV prevent stakers from misbehaving without needing to put the system on-chain? Trustless Bitcoin Vaults (TBV) by @BabylonLabs_io introduces One-Time Signature (OTS) technology that can be extracted. If a staker attempts to double-sign or misbehave on the PoS chain, the corresponding portion of their private key will be exposed at the cryptographic level, which in turn leads to the BTC they have locked on the Bitcoin mainnet being liquidated in accordance with the law. This rigorous hedging logic ensures that the trust boundary is not broken, and also lays the solid foundation for $BABY ! #baby