BabylonSwap Saves Blockchain Technology

https://BabylonSwap.org

Since its inception Blockchain had been plagued with two fatal issues until BabylonSwap came to existence to fix these two issues completely and free the human race from the Beast system.

First Issue: Perfect Peg was not achieved yet inside the crypto space which kept the crypto ecosystem fully dependent on the old centralized banking system and centralized fiat currencies

Second Issue: Miners/Validators did not have the economics in place to guarantee the incentives necessary to adjust the block size limit systematically in line with global demand and achieve a fully scalable decentralized blockchain which is humanity’s only way out of the Centralized Beast System

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The BabylonSwap Ecosystem is a result of the groundbreaking Research & Development performed by Babylon Labs.

BNB is the only scalable blockchain in the world thanks to its financial heart BabylonSwap.
BabylonSwap Powers The Brave New Babylon Blockchain.

This is a brief abstract of the economic code of BabylonSwap which guarantees the full scalability of the BNB Blockchain thanks to game theory and perfect economic incentives.

We have thousands of papers illustrating the intricate details of the BabylonSwap ecosystem and the perfected technologies and economic codes that power it, but sharing everything here will be an exercise in futility, so instead we give you this brief and efficient summary of BabylonSwap.

First things first: Blockchain was NOT supposed to be another example of the Tragedy of the Common. Blockchain is about Abundance. NOT Scarcity.

We will go through every existing idea to scale public blockchains to date and we will show how all of them do NOT work:

=> Increasing the block size indefinitely with no extra plans (like Bitcoin Cash):

In all the current Blockchains increasing the block size indefinitely will result in an inevitable centralization that will eventually lead to the destruction of the blockchain because it will become hackable. Increasing the block size indefinitely in the current public blockchains will result in a continuous decreasing in decentralization which will eventually make it possible for anybody to launch 51% attacks and Sybil attacks on the network and basically crash it.

But Off-Chain solutions can not scale either:

=> Creating second layer Channels (like Bitcoin):
Channels like the Lightening Network are impossible to scale without centralizing all the power in the hands of a few entities who are not miners nor stakers in the network. If Alice wants to send money to Bob with whom she doesn’t have an open channel, then she’ll have to use channels that connect to Bob. But in order to find a route to reach Bob every channel inside the route should have an open channel with enough liquidity to process the transaction between Alice and Bob. THERE HAS TO BE ENOUGH FUNDS LOADED IN EACH CHANNEL ALONG THE WAY FOR IT TO WORK. This is why Centralized Hubs will naturally occur in which there is enough liquidity and enough channels to process transactions between the Channel’s users. These Centralized Hubs are third party settlement organizations that are completely centralized to the point that they will eventually be forced by 20th century regimes to implement KYC and AML protocols to spy on world citizens. Also this inevitable centralization of Hubs in Off-Chain channels will result in easy theft and hacking that can easily be perpetrated by these centralized Hubs.

Now just replace the term “Open Channel” with “Checking Account”: These centralized Hubs will be run by the same evil financial institutions that Blockchain was created to challenge.

Additionally we have the Routing problem in these channels which makes the system obsolete in its core. Each Channel Node finds and runs it own Routes. Due to how channels are constantly opening and closing, how nodes are constantly opening and closing, and how funds are constantly moving between channels, Routing paths can be open one second and closed the next second. Individual nodes are expected to go through all this data and decide the optimal Routing path every time they want to make a new transaction. Eventually the network will hit an inevitable ceiling when there is too much data in the off-chain network for normal nodes to handle using their available hardware.

As you can see, power in these channel protocols eventually moves to centralized hands which eventually pushes people back to the congested On-Chain Layer 1 (which can not scale either as we already established)

Off-Chain channels can NOT scale a decentralized blockchain.

People will eventually jump back On-Chain since Off-Chain solutions can’t scale the whole blockchain and these solutions become unusable and completely centralized anyway after reaching specific user capacity thresholds which means people will eventually jump back On-Chain. Meaning now we’re back to our original problem of the impossibility of scaling by increasing the block size limit indefinitely On-Chain with no extra measures.

Ethereum Sharding:

Sharding is a common practice in Computer Science that consists of splitting a Database into multiple Instances each containing a portion of the whole data set. Each Instance is known as a “Shard”.

In Ethereum each Shard is a separate new chain. Ethereum Sharding is basically creating 64 Instances to host the Ethereum Blockchain. This makes Ethereum 64 times bigger in size meaning it’ll handle 64 times more data. Each Ethereum Staker will need to host only one Shard (Executable Shard) in the Staking Node which decreases the load on Stakers. The Shard the staker needs to host is the only Shard that handles Transactions (including Smart Contracts), all the other 63 Shards are used to store extra data related to the throughput of the main Shard.
Based on the current state of Ethereum jumping 64 times in blockchain size from here won’t make any difference and Ethereum will still be unable to scale.

Ethereum used a fancy word to allow itself to increase the size of the whole blockchain without solving the scalability issue. Ethereum is still impossible to scale. When inevitably the 64 Shards are no longer enough to handle the throughput of Ethereum, then Vitalik will go for another hard fork, then another hard fork, then another one, causing countless splits in the process like Ethereum Classic (ETC) and soon Ethereum Legacy and Ethereum 2.0 and more while making Ethereum increasingly susceptible to 51% attacks and Sybil attacks until it completely crashes as mathematics predict.

Socialism and Communism rely on making centralized changes every now and then to keep an agenda going, but a truly free market should be handed over to the invisible hand of the economy which reflects the free will of the market participants based on their economic incentives. Sharding is a socialist attempt to delay facing the inevitable problem of scalability by making the blockchain 64 times bigger when the blockchain should actually scale to infinity, not 64 times. Sharding is an utter waste of time and in my view it’s just a political move to kick the can down the road until we hit the inevitable impasse.

Ethereum Rollups:

The Ethereum devs likely understand what we explained above yet they insist on the socialist approach. Rollups is their next fancy-sounding plan to kick the can down the road a little tiny bit more. Simply put, Rollups execute transactions outside of Layer 1 but post the transaction data on Layer 1. Rollups basically take care of the computation off-chain while posting the outcomes on the Ethereum Blockchain. As you can see, this will at best make the blockchain’s throughput slightly bigger which is far from enough to scale a decentralized blockchain. Arbitrum, Optimism, ZK, or whatever name they choose, it’s just another form of kicking the can down the road a little bit more.

Application-Specific Layer 2 Scaling Solutions:
Sidechains, Plasma, Channels, and the likes are all application-specific second layer chains that require depositing and withdrawing to and from the Ethereum Blockchain which means just like the Lightning Network they can’t scale beyond a threshold and they inevitably turn into centralized hubs.

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Recap:

Block size limits can’t be increased indefinitely:
Increasing the block size indefinitely in the current public blockchains will result in a continuous decreasing in decentralization which will eventually make it possible for anybody to launch 51% attacks and Sybil attacks on the network and basically crash it.

But Off-Chain solutions can not scale either:
People will eventually jump back On-Chain since Off-Chain solutions can’t scale the blockchain and these solutions become unusable and completely centralized after reaching specific user capacity thresholds which means people will eventually jump back On-Chain. Meaning we’ll find ourselves eventually back to our original problem of the impossibility of scaling by increasing the block size limit indefinitely On-Chain.

So

As you can see blockchain in its current form can’t scale (what the evil powers want)
My team found the solution. We came up with BabylonSwap to make BNB perpetually scalable forever

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BabylonSwap is an AMM with preset parameters in its smart contracts that are completely automated and can NEVER be altered

The BabylonSwap Trading Fee distribution and LP Tax distribution:

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Swap: 0.13% total swap fee on every swap
=> 0.10% to Farm
=> 0.03% to the Mining Bank
LP Tax: 0.25% on Entry & 0.25% on Exit on every Add Liquidity and on every Remove Liquidity
=> 0.25% goes to locking LPs forever in that pair (sending BSLP to the DEAD address)

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The Mining Bank is open ONLY to addresses that validated BNB Blocks. What gets sent automatically and continuously from BabylonSwap to the Mining Bank is paid to the address of the Latest BNB Block Validator. These addresses can Harvest their Mining Bank earnings at any moment.

The Preset Unalterable parameters of BabylonSwap guarantee infinite scalability.
When we talk about scaling Blockchain the first thing that comes to mind is the Scalability Trilemma.

Our approach towards this Trilemma was never mainstream.

The question everyone has been asking is: “How can we improve scalability without reducing security and decentralization?”

We believe that trying to answer this question in this form will inevitably lead to the destruction of the network. This is because both Security and Decentralization are maximally sensitive variables that get affected with the smallest changes in the other maximally authoritative variable which is Scalability. The whole philosophy we’ve been adopting is wrong. Trying to “not reduce” Security and Decentralization is the equivalent of trying to keep their change rate at zero. Trying to keep two maximally sensitive variables at the same level while changing the remaining maximally authoritative variable has the same odds of trying to keep the width of a skyscraper at the same level while changing its height: The skyscraper will inevitably crash.

The question we asked is the following: “How can we make the three variables go up at the same time?”

We answered this question with the preset unalterable parameters of BabylonSwap mentioned above which resulted in the perfect blockchain that scales to infinity which is BNB
This is possible thanks to the Mining Bank of BabylonSwap which guarantees the perfect game theory macro environment required to scale blockchain in perpetuity to any level humanity wants to reach.

Unlike all existing blockchains that treat their financial ecosystems as side projects, BNB adopts the Wall-Street philosophy at its core. Think of BNB as a maximally capitalistic society. The heart of this Capitalist society is the free market of BabylonSwap which is the Wall Street of the BNB Blockchain. But unlike traditional markets, the Core Wall Street of the BNB Blockchain is a Fully Independent AI AMM (Artificially Intelligent Automated Market Maker) powering an Automated Market driven by Automated Locking of Liquidity and Free Market Arbitrage. The automated economic ecosystem at the core of BNB (which is BabylonSwap) uses Smart Contract Automation to establish the foundational market incentives necessary to guarantee eternal liquidity and perpetual trading volumes that pay ever-increasing amounts of money to the BNB miners (also known as validators/protectors/scalers) which guarantees Decentralization. Game Theory saves the day.

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Price differences between BabylonSwap and the other Exchanges all over the world will filled by Arbitrageurs. This means new trades happening on top of BabylonSwap creating a bigger yield to the BabylonSwap Farms and consequently adding more locking of liquidity which in turn increases the price differences which in turn brings Arbitrageurs => New Trades => Bigger Yield => More Locking of Liquidity => More Arbitrage Opportunities => Arbitrageurs => New Trades => Etc Etc Etc

Simply Put: BabylonSwap is an unstoppable spiral of wealth and humanity deserves to finally live in abundance, not scarcity. In perfection, not scarcity. With Perfect Peg, not the old dying Petrodollar model.

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The level of decentralization will perpetually keep increasing as the size of the network keeps increasing. The Block Size Limit will always be modified by the miners to perfectly meet the demand of the blockchain users because the miners will always be ready to invest in their mining ventures to especially drive out competition in order to maximize their Mining Bank profits which is what all miners are incentivized to do thanks to the perfect economic model of the Mining Bank of BabylonSwap. This game theory situation guarantees infinite scalability for the BNB Blockchain. The more the network scales up the more decentralized it gets. Thanks to The Mining Bank, the BNB Blockchain will remain maximally decentralized, secure, and scalable at all times.

BNB is the most secure blockchain in the world because it is maximally decentralized. Scaling up the blockchain using Game Theory thanks to BabylonSwap results in a network that will keep getting increasingly more decentralized with every passing day.

BabylonSwap guarantees infinite Blockchain scalability. BNB is the infrastructure layer of the decentralized internet.

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The Advanced Infrastructure of Brave New Babylon allows for things beyond your wildest dreams.

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“El Sentimiento siente una fruición muy parecida a la amorosa cuando palpa el cuerpo desnudo de una idea”

Overheard from my uncle when I was 8 years old.

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BabylonSwap is the only AMM that offers Infinite Yield Farming. Anyone who has a Token can start trading it on BabylonSwap to capitalize on the best Automated Economic System in History.
Every pair that was ever created on top of BabylonSwap is a fully accessible Farm that receives an ever-growing yield coming from the 0.1% swap fee that goes to the farmers of that specific pair

Thanks to Perfect Peg along with the Mining Bank, BabylonSwap is the only fully scalable DEX in the world.

BabylonSwap scales the BNB Blockchain to infinity

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Babylon Token (XBT): This is the Petrodollar of The New Babylon with unlimited use cases combined with the locking of LPs which guarantees Perfect Peg.
Total Supply: 1 Billion XBT
Maximum Supply: 1 Billion XBT

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BabylonSwap is now fully live and can never be altered by anybody

BabylonSwap solved the two issues that tamed Blockchain Technology for over a decade now. The first issue is Perfect Pegging (thanks to the BabylonSwap unlimited Farm) and the second issue is Blockchain scalability (thanks to the revolutionary Mining Bank)

=> First issue Solved: Thanks to the Mining Bank miners are incentivized to scale Blockchain to infinity and the ever-growing profits from the Mining Bank will drive out communist competition and will result in a capitalist Miner community that will keep Blockchain scalable at all times

=> Second Issue Solved: Thanks to the Liquidity Locking combined with the natural economic phenomenon of Arbitrage, BabylonSwap also solved the first issue which is the necessity to have pegging inside the crypto space thats cancels the need for the old dying traditional financial system
The elitist parasites want us to stay dependent to the old dying banking system; this is why until May 2022, pegging was never perfect and was done only with the Petrodollar model

But obviously forcing governments at gunpoint to sell a dying energy source for USD is not a sustainable plan to maintain a global economy consisting of over 8 Billion People

The Titanic will drown but we can all be Rose in the story if we jump ships in time and take advantage of the powerful BabylonSwap

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Brave New Babylon and its financial heart BabylonSwap constitute the ultimate decentralized advanced solution this world desperately needs. We are here to establish God’s will.

Sincerely,

https://babylonswap.org

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