Lorenzo Protocol integrates BabylonChain to build Bitcoin application layer

02/29 05:30

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According to official sources, the Lorenzo Protocol has announced the integration of BabylonChain. This move is based on a shared vision of unleashing the full potential of Bitcoin and aims to change the way users interact with the Bitcoin ecosystem. This will be key to Lorenzo's Bitcoin sharing security and Bitcoin liquidity pledge work. By leveraging Babylon's Bitcoin pledge and timestamp protocol, Lorenzo is laying the foundation for scalable and high-performance Bitcoin application layers. Lorenzo is described as an L2 service project for Bitcoin liquidity pledge protected by Bitcoin sharing security.

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