Bitcoin Boost: Stanford Prof's Ingenious Hack for Safer PoS Blockchains - David Tse

No BS around Web3 | Wavect

🎙️ Our guest today is a true trailblazer in the realm of blockchain technology. He's none other than a distinguished Stanford professor, the CEO & Co-Founder of Babylon, and a visionary known as David Tse. David Tse is not just charting new territories; he's reshaping the landscape. As a Stanford professor, he's already earned his stripes, but it's his role as the driving force behind Babylon, a pioneering blockchain project utilizing Bitcoin's Proof-of-Work mechanism, that truly sets him apart. Today, we're diving into the world of cryptocurrency with a true innovator. David's recent research is at the forefront of today's discussion. He's released a paper introducing a groundbreaking BTC timestamping protocol, overcoming speed limitations with a fresh perspective. And that's not where it ends. Babylon, constructed using the Cosmos SDK, is challenging the status quo in the world of Proof-of-Stake chains. David's paper explores the revolutionary concept of using non-native assets to fortify these chains' security, a game-changer in a landscape often secured by limited resources. Hold onto your seats, because David has recently submitted a game-changing paper that suggests Bitcoin staking directly on the Bitcoin network, bypassing the need for bridges or wrapping. And let's not forget about Babylon's mesh-security idea for PoS chains using the Bitcoin network. But perhaps the most astounding achievement is David's introduction of 'Remote Slashing,' a mechanism that connects the slashing process, traditionally confined to PoS chains, directly to the Bitcoin chain. Today, we delve into the mind of an innovator who's rewriting the rules of blockchain security. Welcome, David Tse, to WAVECT Decoded.

Find David Tse on LinkedIn: https://www.linkedin.com/in/david-tse... About Kevin Riedl: - Founder of Wavect (Web3 Software Agency) - LinkedIn: https://www.linkedin.com/in/wsdt/ - Twitter: https://twitter.com/Wavect_eth --- Need a Smart Contract? Easy - hit us in the DMs: https://wavect.io Did you know Ernesto - our Chief Meme Officer launched his own web3 card game? https://shop.wavect.io#CryptoVisionary #InnovativeResearch #crypto #BabylonProject #blockchain