EigenLayer & Babylon
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Bitcoin was created as a Peer-to-Peer cash system, and its biggest accomplishment was solving the double-spending problem. Proof of Work (PoW) is used as the consensus mechanism to establish a global consensus regarding the order of transactions. Everyone holds the same ledger, and it is completely open and decentralized.
The elegant design of the consensus mechanism establishes the fundamental trust of Bitcoin. It is a system that enables users/nodes from all over the world, who are complete strangers, to collaborate as intended. Tokens serve as economic incentives to ensure the smooth operation of this system.