Babylon Genesis Mainnet is Live - And Right on Time

The Babylon Genesis blockchain launched its mainnet yesterday, and I believe the timing couldn’t be better.

Right now, there’s a heated discussion going on in the Bitcoin community: what happens if BTC is only being held, but not actually used?

• More and more blocks are coming in half-empty, and the number of unconfirmed transactions in the mempool sometimes drops to just a few hundred (!)
• BTC holders are starting to ask the tough question: who actually needs Bitcoin if nobody’s using it for anything real?
• And sooner or later, that sentiment could spread - people may stop seeing value not only in using BTC, but even in holding it. That’s how mainstream support starts to fade.

So the big question is: what kind of real-world usage makes the most sense for Bitcoin today?

Jack Dorsey (co-founder of Twitter and CEO of Block) suggests that Bitcoin should be used as a payment system. He even floated the idea of integrating P2P Bitcoin payments directly into Signal messenger.

That could work - Bitcoin can be a payment tool - but it can’t scale into a mass-market payment tool without losing something essential.
If Signal (or any other platform) were to make BTC the default payment method, they’d have to either:

• compromise on self-custody (Bitcoin’s biggest strength),
• or accept being a niche product with limited appeal.

That’s why I find Babylon’s vision far more compelling:
👉 Use BTC as collateral to secure Proof-of-Stake networks.

With Babylon Genesis live, the tech stack is now here to make that possible.

Babylon acts as the coordination layer between BTC stakers and PoS networks that are willing to pay for Bitcoin-backed security. You keep custody of your BTC - and get rewarded by PoS chains that rely on it as a security guarantee.

Oh, and by the way: BABY, the native governance token of Babylon, is now available for swaps on rabbit.io. 🐰