{"id":"fisher-yu","title":"Fisher Yu","content":"**Fisher Yu** is a technologist based in Sydney, Australia, and is Co-Founder and Chief Technology Officer of [Babylon](https://iq.wiki/wiki/babylon) Labs, the company responsible for developing the [Babylon](https://iq.wiki/wiki/babylon) [Bitcoin](https://iq.wiki/wiki/bitcoin) staking protocol. He holds a PhD in Telecommunications from the Australian National University, where he researched network information theory and wireless communication systems. [\\[6\\]](#cite-id-BIDkkiwsHCnY3ng4)\n\n## Early Life & Education\n\nFisher Yu, originally named Mingchao Yu, earned his PhD from the Australian National University between 2012 and 2016, focusing on network information theory and coding, predominantly in wireless communication. [\\[3\\]](#cite-id-ZlsBY4llyCDEE2Q6)\n\n## Career Prior to Babylon\n\nFrom 2015 to 2017, Yu served as a Lecturer at the Australian National University while also working as a Senior System Engineer at InterfereX Communications. At InterfereX, he developed patented algorithms that reportedly contributed to the company's acquisition by a NASDAQ-listed multinational. He worked on network-coding-based distributed and concurrent data delivery algorithms. [\\[4\\]](#cite-id-cI7advnvS8f80e6x)\n\nIn 2017–2018, Yu was a Postdoctoral Researcher at the University of Southern California. He later worked at Dolby Laboratories as a Senior Staff Research Engineer from 2018 until 2022. He became Managing Director at Hash Laboratories, providing blockchain security consulting and research and development services to blockchain projects, including the [XDC Network](https://iq.wiki/wiki/xdc-network) and IOHK. [\\[1\\]](#cite-id-cRBRaaDYiKLHwvbp)\n\n## Co-Founding of Babylon\n\nIn 2022, Fisher Yu co-founded [Babylon](https://iq.wiki/wiki/babylon) Labs alongside [David Tse](https://iq.wiki/wiki/david-tse). [Babylon](https://iq.wiki/wiki/babylon) Labs develops a [Bitcoin](https://iq.wiki/wiki/bitcoin) staking protocol intended to enable [Bitcoin](https://iq.wiki/wiki/bitcoin) holders to use their assets in programmable and trustless ways. He served as CTO and led technical development for [Babylon](https://iq.wiki/wiki/babylon)'s technology and strategic direction. The company completed an $8.8 million seed round, led by IDG and Breyer Capital in 2023. [Babylon](https://iq.wiki/wiki/babylon) Labs is headquartered in North Sydney, New South Wales. [\\[3\\]](#cite-id-ZlsBY4llyCDEE2Q6)\n\nBabylon's work focuses on integrating [Bitcoin](https://iq.wiki/wiki/bitcoin) into decentralized finance ecosystems without traditional bridges or custodianship; one example is the trustless BTCVault protocol, which enables [Bitcoin](https://iq.wiki/wiki/bitcoin) to act as a collateral asset for on-chain finance. [\\[4\\]](#cite-id-cI7advnvS8f80e6x)\n\n## Public Presence & Media\n\nFisher Yu has participated in public discussions about blockchain and [Bitcoin](https://iq.wiki/wiki/bitcoin) staking. He has appeared on platforms including the Smart Economy Podcast and the [Bitcoin](https://iq.wiki/wiki/bitcoin) Renaissance Podcast, where he discussed technical and strategic aspects of Babylon’s protocols. [\\[5\\]](#cite-id-0RrYlTvHdpmj29lj)\n\nYu has spoken at conferences such as the [Staking](https://iq.wiki/wiki/staking) Summit, where he delivered keynote remarks about Babylon's technology and its approach to [Bitcoin](https://iq.wiki/wiki/bitcoin) staking. [\\[4\\]](#cite-id-cI7advnvS8f80e6x)\n\n## Foundations & Future Directions\n\nFisher Yu has described his vision for [Babylon](https://iq.wiki/wiki/babylon) as creating a scalable and interoperable environment where [Bitcoin](https://iq.wiki/wiki/bitcoin)'s security can be extended to other proof-of-stake systems. He has spoken about using [Bitcoin](https://iq.wiki/wiki/bitcoin)'s security features to support the broader blockchain ecosystem, and has described [Bitcoin](https://iq.wiki/wiki/bitcoin) staking as a potential third primary use case for [Bitcoin](https://iq.wiki/wiki/bitcoin), alongside payments and savings. [\\[2\\]](#cite-id-MuuQt9WknaAuAETI)","summary":"Fisher Yu is a technologist from Sydney, pioneering as the Co-Founder and CTO of Babylon Labs, known for its innovative Bitcoin staking protocol. He holds a PhD in Telecommunications from the Australian National University.","images":[{"id":"QmduCZCf7dLuE78fn8VpRNFVR9vGxZFZGe7b88myzcW3iV","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"people"}],"tags":[{"id":"Founder"},{"id":"Developer"},{"id":"Bitcoin"}],"media":[{"id":"Qmf6CJupN1rS4R6GwpMG6gwxTs2UkamT4La7VCpPHmHE1N","name":"images (31).jfif","caption":"","thumbnail":"Qmf6CJupN1rS4R6GwpMG6gwxTs2UkamT4La7VCpPHmHE1N","source":"IPFS_IMG"}],"metadata":[{"id":"linkedin_profile","value":"https://www.linkedin.com/in/mingchaoyu/"},{"id":"twitter_profile","value":"https://x.com/baby_fisherman"},{"id":"website","value":"https://www.fisheryu.io/"},{"id":"references","value":"[{\"id\":\"cRBRaaDYiKLHwvbp\",\"url\":\"https://www.fisheryu.io/\",\"description\":\"Fisher Yu Official Site\",\"timestamp\":1785871068056},{\"id\":\"MuuQt9WknaAuAETI\",\"url\":\"https://cryptoslate.com/people/mingchao-fisher-yu/\",\"description\":\"CryptoSlate Bio\",\"timestamp\":1785871068056},{\"id\":\"ZlsBY4llyCDEE2Q6\",\"url\":\"https://aicoin.com/en/article/408548\",\"description\":\"AiCoin Article\",\"timestamp\":1785871068056},{\"id\":\"cI7advnvS8f80e6x\",\"url\":\"https://www.aicoin.com/en/article/408548\",\"description\":\"AiCoin Article\",\"timestamp\":1785871068056},{\"id\":\"0RrYlTvHdpmj29lj\",\"url\":\"https://babylonlabs.io/blog/ama-with-fisher-yu-babylon-co-founder\",\"description\":\"Babylon Blog AMA\",\"timestamp\":1785871068056},{\"id\":\"BIDkkiwsHCnY3ng4\",\"url\":\"https://www.cryptoslate.com/people/mingchao-fisher-yu/\",\"description\":\"CryptoSlate Bio\",\"timestamp\":1785871640602}]"},{"id":"commit-message","value":"\"Added new wiki Fisher Yu\""}],"events":[{"id":"0e7adbb1-3bf0-4b89-8e25-26dd1c767ef0","date":"2022-01-01","title":"Co-founded Babylon Labs","type":"CREATED","description":"Fisher Yu co-founded Babylon Labs with David Tse to innovate Bitcoin staking solutions.","link":null,"continent":null,"country":null},{"id":"4841308f-165f-4cfd-90eb-37277f980425","date":"2016-01-01","title":"Earned PhD in Telecommunications","type":"DEFAULT","description":"Completed PhD at the Australian National University, focusing on network information theory and coding.","link":"https://www.rootdata.com/member/Mingchao%20Yu?k%3DMTgwMDQ%3D","continent":null,"country":null},{"id":"43600604-723b-4be5-9cb4-a4e1ffb76e39","date":"2022-01-01","title":"Became CTO of Babylon Labs","type":"DEFAULT","description":"Assumed the role of Chief Technology Officer at Babylon Labs to advance blockchain innovations.","link":"https://cryptoslate.com/people/mingchao-fisher-yu/","continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0x04e4a72e18b46EC55Ba1361CEFcEF0404b520f47"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":["david-tse"]}}