Babylon Launches Testnet Phase 2 on January 8, Get Ready!

Bittime - Babylon, an innovative blockchain platform, is about to launch testnet phase 2 on January 8, 2025. This launch is an important step for Babylon in developing safer and more efficient blockchain technology. Come on, see what you can expect from this new phase!

What's New in Testnet Phase 2?

Babylon phase 2 testnet will start on at 9am UTC on January 8, 2025, with block production commencing. Para validator And finality provider can start registering to participate once the first blocks are produced. This is a great opportunity for those of you who want to take part in further testing of the security and performance of the Babylon blockchain.

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Apart from that, Babylon will also launch staking application which has been updated on at 10am UTC. This application allows you to move Phase-1 staking into Phase-2 Babylon chain. If you are already staking in Phase-1, this is the right time to upgrade to a newer and more sophisticated phase.

What Will Be Tested in Testnet Phase 2?

The main goal of the phase 2 testnet is to test Babylon PoS (Proof of Stake) chain, which is supported by Signet Bitcoin and staking Babylon. Here are some things that will be tested:

1. Registration Staking Phase-1 to Phase-2: Those of you who have staked in Phase-1 can easily register your stake in Phase-2.
   
    
2. Babylon Operational Stability: This phase involves Signet Bitcoin stakers, finality providers, validator CometBFT, And protokol Liquid (re)staking into ensure Babylon runs stably and safely.
   
    
3. dApp and Smart Contract Trial: dApp and smart contract developers can also mentry developing and testing their applications on Babylon using CosmWasm smart contracts in a safe and permission-free environment.
   
    

Who Can Participate?

Babylon invites everyone who is interested, from developers, to validators, to staking providers. Your participation is very important to test and ensure Babylon runs smoothly. The more people who contribute, the better the results of this trial will be!

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What Should You Do?

If you want to participate in the Babylon Phase 2 Testnet, make sure to prepare yourself. The updated staking application will be available starting at 10am UTC on January 8, 2025. Register your Phase-1 staking to Phase-2 and take this trial to experience firsthand using Babylon.

This phase 2 testnet offers a big opportunity for young wants to get involved in blockchain development and explore the potential of Bitcoin staking more deeply.

Conclusion

Babylon Phase 2 Testnet is a big step in the world of blockchain. With new features that increase security and efficiency, this is an opportunity you wouldn't want to miss. Come on, prepare yourself to participate and contribute to the development of a safer and more decentralized Babylon!

FAQ about Babylon Phase 2 Testnet

What is Babylon Phase 2 Testnet?

Babylon Phase 2 Testnet is an advanced trial of the Babylon blockchain which will begin on January 8, 2025. This phase aims to test the stability and functionality of the Proof of Stake (PoS) chain supported by Signet Bitcoin and Babylon stakes.

When does this testnet start and what can I do?

Testnet will start on at 9am UTC on January 8, 2025, with the production of the first block. The new staking application will be available on at 10am UTC, allowing you to register Phase-1 staking into Phase-2.

Who can participate?

Everyone, from validators, dApp developers, to users who want to register their staking in Phase-2, can participate in this testnet. This is an opportunity to take part in testing and help develop Babylon further.

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Reference

Coincident, Babylon Phase 2 Testnet Launch Set for January 8, 2025, accessed January 7, 2025.

Author: MF