Recently, Babylon has launched the staking activity on Testnet-4. Chakra has become the Top 1 finality provider in Babylon Testnet-4, confirming a TVL of 258 Signet BTC, which accounts for 36% of Babylon's total TVL. We appreciate the trust users have placed in us by delegating their BTC to Chakra! Today, Chakra will guide you through what exactly happens when you stake your BTC through Babylon and delegate your voting rights to Chakra.In the latest Testnet-4 of Babylon, the staking proc...

Recently, Babylon has launched the staking activity on Testnet-4. Chakra has become the Top 1 finality provider in Babylon Testnet-4, confirming a TVL of 258 Signet BTC, which accounts for 36% of Babylon's total TVL. We appreciate the trust users have placed in us by delegating their BTC to Chakra! Today, Chakra will guide you through what exactly happens when you stake your BTC through Babylon and delegate your voting rights to Chakra.In the latest Testnet-4 of Babylon, the staking proc...

On February 28th, at the ETH Denver official event StarkCity organized by Starknet, the technical forum focused on the deep integration between Starknet and the Bitcoin ecosystem, with the Chakra project, introduced by Starknet officials, capturing the most attention. Chakra is a Bitcoin restaking protocol based on Zero-Knowledge Proof (ZKP), aimed at enhancing the utility of the Bitcoin network through ZKP. Chakra's core contributor, Joe, first shared how they utilize zero-knowledge pro...

On February 28th, at the ETH Denver official event StarkCity organized by Starknet, the technical forum focused on the deep integration between Starknet and the Bitcoin ecosystem, with the Chakra project, introduced by Starknet officials, capturing the most attention. Chakra is a Bitcoin restaking protocol based on Zero-Knowledge Proof (ZKP), aimed at enhancing the utility of the Bitcoin network through ZKP. Chakra's core contributor, Joe, first shared how they utilize zero-knowledge pro...

We are thrilled to launch Phase 2 of the Chakra Testnet Chronicles on June 5, 2024, at 9 AM UTC. In this phase, you are invited to stake your Signet Bitcoin on either Chakra Staking dApp, or on Babylon Staking dApp with Chakra as the finality provider. In either way, your staked assets will be delegated to Chakra, the finality provider for Babylon. This means that with just one staking transaction, you can enjoy dual staking experiences on both the Chakra and Babylon Testnets, potentially ear...

We are thrilled to launch Phase 2 of the Chakra Testnet Chronicles on June 5, 2024, at 9 AM UTC. In this phase, you are invited to stake your Signet Bitcoin on either Chakra Staking dApp, or on Babylon Staking dApp with Chakra as the finality provider. In either way, your staked assets will be delegated to Chakra, the finality provider for Babylon. This means that with just one staking transaction, you can enjoy dual staking experiences on both the Chakra and Babylon Testnets, potentially ear...

Bitcoin is the earliest, most secure, most decentralized, and highest-valued blockchain in the world. However, its low transactions per second (TPS) and limited programming capabilities have often been criticized, making it difficult to support large-scale applications and significantly hindering the development of the Bitcoin ecosystem. As a builder in the Bitcoin ecosystem, Chakra will guide us through the past, present, and future of Bitcoin scaling solutions. This article is the first in ...

Bitcoin is the earliest, most secure, most decentralized, and highest-valued blockchain in the world. However, its low transactions per second (TPS) and limited programming capabilities have often been criticized, making it difficult to support large-scale applications and significantly hindering the development of the Bitcoin ecosystem. As a builder in the Bitcoin ecosystem, Chakra will guide us through the past, present, and future of Bitcoin scaling solutions. This article is the first in ...

Chakra, the first modular BTC settlement network, is thrilled to announce a strategic integration with Babylon, a native Bitcoin staking protocol. Based on a shared vision for further empowering Bitcoin, this collaboration will facilitate a secure, scalable, and interoperable Bitcoin liquidity network, unlocking Bitcoin's potential and reshaping the cryptographic ecosystem. Babylon ingeniously leverages Bitcoin's strongest PoW security and highest asset value, allowing any PoS syste...

Chakra, the first modular BTC settlement network, is thrilled to announce a strategic integration with Babylon, a native Bitcoin staking protocol. Based on a shared vision for further empowering Bitcoin, this collaboration will facilitate a secure, scalable, and interoperable Bitcoin liquidity network, unlocking Bitcoin's potential and reshaping the cryptographic ecosystem. Babylon ingeniously leverages Bitcoin's strongest PoW security and highest asset value, allowing any PoS syste...

We are thrilled to announce the launch of the Chakra Testnet at 5 PM UTC on May 30, 2024. In collaboration with Babylon Bitcoin Staking Testnet-4, this launch enables users to complete a single staking transaction and experience staking on both the Chakra and Babylon Testnets, exploring the potential of enjoying rewards from both platforms simultaneously. Chakra will act as the Finality Provider for Babylon, securing the PoS services based on the amount of BTC staked by users. Through Chakra,...

We are thrilled to announce the launch of the Chakra Testnet at 5 PM UTC on May 30, 2024. In collaboration with Babylon Bitcoin Staking Testnet-4, this launch enables users to complete a single staking transaction and experience staking on both the Chakra and Babylon Testnets, exploring the potential of enjoying rewards from both platforms simultaneously. Chakra will act as the Finality Provider for Babylon, securing the PoS services based on the amount of BTC staked by users. Through Chakra,...

Introduction: TPS & GPSIn 2008, Satoshi Nakamoto introduced Bitcoin, marking the beginning of the cryptocurrency era. However, Bitcoin's low TPS (transactions per second) cannot meet the needs of modern large-scale commercial applications. For instance, Bitcoin processes an average of 7 transactions per second, while Visa processes between 1500 and 2000 transactions per second. Consequently, enhancing the TPS of blockchain technology has become a crucial issue in the Web3 domain. Over th...

Introduction: TPS & GPSIn 2008, Satoshi Nakamoto introduced Bitcoin, marking the beginning of the cryptocurrency era. However, Bitcoin's low TPS (transactions per second) cannot meet the needs of modern large-scale commercial applications. For instance, Bitcoin processes an average of 7 transactions per second, while Visa processes between 1500 and 2000 transactions per second. Consequently, enhancing the TPS of blockchain technology has become a crucial issue in the Web3 domain. Over th...

In addition to the native scaling solutions mentioned in Part I, another path for Bitcoin scaling involves the establishment of an additional protocol layer on top of Bitcoin, known as Layer 2. The most critical aspects of Layer 2 solutions are the secure bi-directional bridges and the inheritance of Bitcoin's consensus security.SidechainThe concept of sidechains dates back to 2014 when Blockstream submitted "Enabling Blockchain Innovations with Pegged Sidechains." It represents a relati...

In addition to the native scaling solutions mentioned in Part I, another path for Bitcoin scaling involves the establishment of an additional protocol layer on top of Bitcoin, known as Layer 2. The most critical aspects of Layer 2 solutions are the secure bi-directional bridges and the inheritance of Bitcoin's consensus security.SidechainThe concept of sidechains dates back to 2014 when Blockstream submitted "Enabling Blockchain Innovations with Pegged Sidechains." It represents a relati...

About Chakra DevNetIn the world of Chakra, Ninjas embark on a transformative journey. Guided by the elemental chapters of Earth, Water, Fire, Wind, and Lightning, they now venture into the Earth chapter. Here, they learn the crucial lesson of "Building Strength from the Ground Up," a testament to their resilience and the enduring spirit of the ninja path. In the Earth chapter of Chakra Awakening, we are excited to announce that the Chakra DevNet is now LIVE! You can access it at https://chakr...

About Chakra DevNetIn the world of Chakra, Ninjas embark on a transformative journey. Guided by the elemental chapters of Earth, Water, Fire, Wind, and Lightning, they now venture into the Earth chapter. Here, they learn the crucial lesson of "Building Strength from the Ground Up," a testament to their resilience and the enduring spirit of the ninja path. In the Earth chapter of Chakra Awakening, we are excited to announce that the Chakra DevNet is now LIVE! You can access it at https://chakr...

Since the launch of Chakra DevNet and Chakra Awakener NFTs, we have received tremendous support and participation from all Ninjas. According to our latest data, the number of Chakra Awakeners has exceeded 10,000, and we extend our heartfelt gratitude to all of you who made this possible! Considering the overwhelming support and enthusiasm, the DevNet Awakening campaign will conclude in a week. We will then allocate 1,000 Whitelists among all connected addresses, and initiate the NFT minting p...

Since the launch of Chakra DevNet and Chakra Awakener NFTs, we have received tremendous support and participation from all Ninjas. According to our latest data, the number of Chakra Awakeners has exceeded 10,000, and we extend our heartfelt gratitude to all of you who made this possible! Considering the overwhelming support and enthusiasm, the DevNet Awakening campaign will conclude in a week. We will then allocate 1,000 Whitelists among all connected addresses, and initiate the NFT minting p...

This guide is designed to help you participate in the staking process on the Chakra Testnet. You can stake Signet Bitcoin either through the Chakra Staking dApp or the Babylon Staking dApp, with Chakra as the finality provider. In both cases, your staked assets will be delegated to Chakra, serving as the finality provider for Babylon. Let's walk through both methods. Currently, the Chakra staking web application supports Chrome on desktop platforms. This guide assumes you are using this ...

This guide is designed to help you participate in the staking process on the Chakra Testnet. You can stake Signet Bitcoin either through the Chakra Staking dApp or the Babylon Staking dApp, with Chakra as the finality provider. In both cases, your staked assets will be delegated to Chakra, serving as the finality provider for Babylon. Let's walk through both methods. Currently, the Chakra staking web application supports Chrome on desktop platforms. This guide assumes you are using this ...

Unveil the Mysteries of Chakra: Join the OM Card EventThe echoes of the universe have come, and the mystical essence of Chakra beckons. It's more than a call—it's a convergence of energies, a summons to the guardians of innovation and revolution. Now it is the moment to unite, to step forward as Chakra Contributors and embark on an extraordinary journey together. Let's reveal the secrets of Chakra, hand in hand. Before you set forth, arm yourself with the power of Chakra. Claim...

Unveil the Mysteries of Chakra: Join the OM Card EventThe echoes of the universe have come, and the mystical essence of Chakra beckons. It's more than a call—it's a convergence of energies, a summons to the guardians of innovation and revolution. Now it is the moment to unite, to step forward as Chakra Contributors and embark on an extraordinary journey together. Let's reveal the secrets of Chakra, hand in hand. Before you set forth, arm yourself with the power of Chakra. Claim...