🚀 **Bitcoin Protocol Babylon's Second Staking Round Kicks Off Today!**
Babylon, the Bitcoin protocol, is set to complete its second staking round today at around 18:30 UTC (2:30 p.m. ET). This "duration-based" round will last for 10 Bitcoin blocks, approximately one hour and 40 minutes, with users able to stake up to 500 BTC per transaction.
- **When:** Starts around 18:30 UTC (2:30 p.m. ET)
- **Duration:** 10 Bitcoin blocks (~1 hour 40 minutes)
- **Cap:** 500 BTC per transaction
The first round in August capped at 1,000 BTC within just six blocks, showing high demand. Babylon aims to bring proof-of-stake utility to Bitcoin, a feature more common on networks like Ethereum.
What are your thoughts on Bitcoin staking? Share in the comments! 💬