BOB belongs to a new type of L2: Hybrid L2.

The impact of blob space saturation on L2 and the overall Ethereum ecosystem. How did L2 react? How much ETH was burned?

Ethereum is the backbone of the new global financial system for L2 and L1 applications, and no other chain can compare.

Ethereum is the backbone of the new global financial system for L2 and L1 applications, and no other chain can compare.

Currently, there are dozens of active L1s, and with the emergence of rollup services, the number of L2s has also exploded.

BTCFi L2/L1 has three development pain points: lack of consensus on the UTXO architecture, fragmentation of views within the Bitcoin ecosystem, and lack of consensus on the definition of Bitcoin L2.

BOB Hybrid L2 solves some of the most pressing challenges in building a decentralized financial system on top of BTC L1. It does this by creating a BTC bridge that inherits the security of BTC L1 and maintains trust minimization.

The “L2 vs Ethereum” debate is a false dichotomy. This is not a zero-sum game. Ultimately, Ethereum and L2 are in this together.

Ethereum is the core blockchain for L2 and L1 applications in the new global financial system, and no other chain will be able to match it.

This article revolves around the relationship between Layer 2 and Layer 1, clearly states that modular blockchain will be the right direction, and also discusses the issue of blockchain data storage mechanism.