Chewing on this one after the task instead of during it, which is rare for me. Went into Babylon (@BabylonLabs_io ) expecting some new cryptographic invention behind the BTC staking — a new proof system, new VM, something exotic. Found the opposite. Slashing runs on an adaptor signature trick called EOTS, layered on plain Bitcoin Script with a timelock. That's it. No new primitive, nothing borrowed from elsewhere. Reused pieces, wired together carefully.
Meanwhile proposal #13 is live on Babylon Genesis right now, deciding how BSN rewards get auctioned and burned into $BABY — quorum closes Mon Aug 11 15:20 UTC. Genuinely complicated stuff, real tradeoffs, real debate happening in the open. And it can afford to be complicated precisely because the layer underneath it never has to be argued about. Nobody's questioning whether the timelock holds. The fight moved entirely upstairs.
Hmm — reread the slashing writeup twice looking for the catch, the exotic part. Never found one. Kept expecting "simple" to mean "thin," and it doesn't. It means nothing new had to be trusted just to make BTC lockable.
Wondering if that's the actual reason people feel comfortable arguing over token mechanics up top — because nobody's worried about the foundation underneath it.
#baby $BABY
Meanwhile proposal #13 is live on Babylon Genesis right now, deciding how BSN rewards get auctioned and burned into $BABY — quorum closes Mon Aug 11 15:20 UTC. Genuinely complicated stuff, real tradeoffs, real debate happening in the open. And it can afford to be complicated precisely because the layer underneath it never has to be argued about. Nobody's questioning whether the timelock holds. The fight moved entirely upstairs.
Hmm — reread the slashing writeup twice looking for the catch, the exotic part. Never found one. Kept expecting "simple" to mean "thin," and it doesn't. It means nothing new had to be trusted just to make BTC lockable.
Wondering if that's the actual reason people feel comfortable arguing over token mechanics up top — because nobody's worried about the foundation underneath it.
#baby $BABY
