Bitcoin Layer 2 Project BOB Joins Optimism Superchain for Enhanced Interoperability
Crypto

Bitcoin Layer 2 Project BOB Joins Optimism Superchain for Enhanced Interoperability

BOB, a Bitcoin layer-2 project, integrates with the Superchain ecosystem, receiving support from the Optimism Foundation.

BOB, a Bitcoin layer-2 project aiming to enhance development on the original blockchain, has integrated with the Superchain ecosystem based on Optimism's OP Stack framework. This toolkit enables developers to create their own blockchains atop the Ethereum layer-2 network.

BOB considers itself a hybrid layer-2 network, providing Ethereum compatibility while being built on Bitcoin. It aims to form connections with other layer-1 blockchains like Ethereum to position Bitcoin at the forefront of decentralized finance (DeFi).

The partnership includes a grant of approximately $870,000 from the Optimism Foundation to support BOB's development efforts. With this alliance, BOB plans to use the latest technologies available for Bitcoin products, enhancing the utility of its system.

Prior to this, Optimism welcomed notable exchanges such as Coinbase and Kraken, which have launched their own networks leveraging the OP Stack. This integration marks a significant milestone for both BOB and the Superchain ecosystem.

Next article

Sapien Secures $10.5 Million in Seed Funding, Pioneering AI Data Labeling

Newsletter

Get the most talked about stories directly in your inbox

Every week we share the most relevant news in tech, culture and entertainment. Join our community.

Your privacy is important to us. We promise not to send you spam!