FAQs
Questions about Babylon's Native Bitcoin Staking
Will my Bitcoins be bridged or pegged to other blockchains?
No. Babylon allows Bitcoin holders to stake their bitcoins without bridging them to other blockchains, while providing the chain with full slashable security guarantees.
As a bitcoin staker, do I have to run a validator by myself?
No. Like most PoS systems, with the Bitcoin staking protocol, you can delegate your voting power to a validator that you trust. The validator will usually charge a commission on your staking reward. If the delegated validator acts maliciously, your stake will also be slashed. Running a validator by yourself will avoid this trust and commission, putting both the stake and reward fully under your control.
When slashing happens, will all my staked bitcoins be burned?
Not necessarily. Our protocol supports partial slashing. This means that, when slashing happens, only a certain portion of the staked bitcoins will be slashed, with the portion being a parameter of the protocol.
Send a GitHub issue if you would like more questions included in this FAQ.