Dual Staking
Last updated
Last updated
Following a similar philosophy to AggDA, Particle Network approaches consensus by focusing on ensuring a high degree of cryptoeconomic security and accessibility.
Bootstrapping a Proof-of-Stake network can be risky, often leading to undesirable volatility affecting the network's value and stability. To solve this, the Particle Chain features a dual staking system, combining Proof-of-Stake through Tendermint with Bitcoin's native security and censorship resistance. Babylon's Bitcoin staking protocol makes this.
Dual staking leverages two distinct pools of operators: one with delegations of Particle Network's native token, and another with delegations of BTC through Babylon. Both groups are required to agree on validity individually, warranting equal participation in consensus.
A model of this nature significantly reduces pressure and security dependence on Particle Network's native token, instead bootstrapping the network through the cryptoeconomic security provided by Bitcoin staking.