Bitcoin second-layer network BOB plans to cooperate with Anduro to develop the side chain Alys standard

Odaily News Bitcoin Layer2 Network BOB announced on the X platform that it will cooperate with the side chain development platform Anduro to develop the new Bitcoin side chain ALYS standard, focusing on using Bitcoins workload proof to achieve security. Previously, BOB (Build on Bitcoin) announced at the end of March that it had completed a $10 million seed round of financing, led by Castle Island Ventures, with participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management, as well as some angel investors. BOB is a hybrid layer 2 network that sits on top of the Bitcoin blockchain but is compatible with Ethereum.