Babylon Labs Brings New Momentum to Bitcoin ZK Tech Through Bridge to Cosmos Chains
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2025Babylon Labs' Initiative: Babylon Labs is developing a trust-minimized Bitcoin bridge with the Cosmos network, utilizing the BitVM2 computing paradigm to enhance Bitcoin's interoperability and enable Ethereum-style smart contracts on the Bitcoin blockchain.
Zero-Knowledge Technology Impact: The integration of zero-knowledge computations aims to unlock Bitcoin's value for financing other ecosystems while addressing its limitations in speed and scalability, contributing to a broader movement towards increasing Bitcoin's utility similar to Ethereum.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
