The most important news for the BOB currency:
๐ง The BOB project has officially launched the Testnet for the BitVM Bridge, which is a significant step in their project. This technology allows for the transfer of real Bitcoin to a Layer 2 (L2) without the need for wrapping, meaning that BTC can be used directly in decentralized finance (DeFi) services.
๐ The idea is based on the BitVM model, a new protocol that allows smart contracts to be executed on the Bitcoin network itself through interactive proofs without the need for major changes to the network.
๐ The mainnet launch is expected in the fourth quarter of 2025, enhancing the usability of BOB in real-world applications and increasing its potential market value.