PANews reported on October 25 that according to CoinDesk, BOB, a hybrid Layer2 project driven by Bitcoin and Ethereum, officially released the Hybrid L2 white paper. Hybrid L2 is a brand-new model that combines the security of Bitcoin and the innovation of Ethereum DeFi, ultimately making Bitcoin the core of the entire DeFi ecosystem. BOB's hybrid L2 design is committed to completely changing the way Bitcoin is used in DeFi finance, and its ultimate form will fully inherit the security of Bitcoin and support trustless Bitcoin deposits and withdrawals.
BOB believes that in the future of hybrid L2, Bitcoin-equivalent interoperable platforms will replace traditional centralized exchanges. Like Ethereum, BOB will run a Bitcoin-driven trustless cross-chain bridge in the future, connecting all other chains that can verify the Bitcoin mainnet, including Solana, Tron, Sui, Aptos, Arbitrum, Optimism, Polkadot, etc.
