#CreatorPad

BOB (“Build on Bitcoin”) — Bitcoin‑Hybrid Layer‑2 Ecosystem

🔗 What Is BOB?

• Build on Bitcoin (BOB) is a layer‑2 hybrid on Bitcoin using BitVM, supporting EVM smart contracts and BTC‑secured rollups.

• Designed to enable Bitcoin‑based DeFi access, yield farming, and cross-chain swaps while inheriting security from Bitcoin .

🚧 Development Stage

• Composed of multiple phases:

• Phase 1 completed: bootstrap optimistic Ethereum-like rollup.

• Phases 2–4 underway: Bitcoin security, BitVM bridges, future ZK-rollups if Bitcoin supports necessary opcodes  .

• Backed by major investors including Coinbase Ventures, Castle Island Ventures, IOSG, Bankless Ventures, etc.