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Bitcoin L2 Network BOB Launches Phase 1 of Mainnet Launch, BOB Fusion Season 2 Coming Soon

2024-05-02 01:03
Odaily News Bitcoin L2 network BOB (Build on Bitcoin) announced the launch of the mainnet. It is currently in the first phase, with a TVL of over $300 million and access to over 40 DApps. Over 40 more DApps will be connected in the next 2-3 weeks. The next phase of BOB's development goal is to achieve Bitcoin proof of work through "merged mining". The third phase will introduce BitVM to achieve secure BTC bridging similar to the Ethereum bridge. In addition, the second season of BOB Fusion is about to be launched, and users can participate in the following ways: • Bridge to BOB and provide TVL to DApps; • Actively use BOB DApps; • Participate in tasks on Galxe.