🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic
Babylon Genesis will integrate EVM: Dual Virtual Machine architecture connects BTCFi security and Decentralized Finance ecosystem.
Gate News bot news, to lead the development of the Bitcoin ecosystem (BTCFi), Babylon Genesis officially announces the dual Virtual Machine strategic upgrade:
********1️⃣ CosmWasm Virtual Machine (already running on mainnet) ▶️ Deeply integrated with the Bitcoin Core Library based on the Rust language ▶️ A high-performance environment designed for Bitcoin secure contracts 2️⃣ EVM Virtual Machine (Mainnet launch in Q3-Q4 2025) ▶️ Access to a vast array of mature DeFi applications and developer ecosystem ▶️ Seamless compatibility with Metamask and other Ethereum wallets
⛓ Full Stack Interoperability Breakthrough Through the Cosmos cross-chain module (Bank, Tokenfactory, etc.), achieve: ✅ CosmWasm and EVM share a unified asset ledger ✅ Supports synthetic Bitcoin (synthetic BTC) cross-chain minting ✅ Wasm Bitcoin bridge assets directly to EVM contract ecosystem
🖥 Zero Threshold User Experience • New Users: Directly use EVM wallets (0x address) to instantly experience the BTCFi ecosystem. • Existing Users:
⏰ Milestone Progress • Devnet is now live • Public Testnet is about to open • Cross-Chain Foundation Security Audit in progress (to be completed in July 2025) • Mainnet Target Window: From the end of the third quarter to the beginning of the fourth quarter in 2025