About BOB
BOB ("Build on Bitcoin") is a Layer-2 that combines the advantages of Bitcoin and Ethereum. By leveraging the security, liquidity, user base, and innovation from both blockchain ecosystems, BOB bridges the gap between Bitcoin's mass adoption potential and Ethereum's innovation potential. BOB's rollup ecosystem uses Bitcoin for security while allowing users to access dApps, stablecoins, NFTs, DeFi options, through Ethereum's EVM. BOB brings together the benefits of Bitcoin (user base, adoption, liquidity, market cap, and PoW security) with Ethereum's innovation know-how (EVM, smart contracts, self-custody Web3 wallets). BOB launches on the OP stack, enabling rollups to Ethereum for seamless onboarding of users, assets, and liquidity. Additionally, BOB can inherit Bitcoin security through a novel merged mining protocol (re-staking for Bitcoin). At its core, BOB utilizes the Ethereum Virtual Machine (EVM) to create and execute smart contracts, primarily developed in Solidity. The EVM version on BOB is similar to Ethereum's, ensuring compatibility with existing developer tools, wallets, top multisig solutions, and key infrastructure, including block explorers and data analytics platforms.