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BlockBeats news, on January 7th, according to official sources, BTCstakeprotocol Babylon announced that the second phase of Testnet will be launched on January 8th. The second phase of Block production will start at 9 a.m. UTC, and the Staking network application will go live at 10 a.m. UTC. Stakeholders from the first phase of Testnet will have the opportunity to register their stake into the second phase of Testnet Babylon chain.