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BOB (Build on Bitcoin)BOB

BOB (Build on Bitcoin)BOB

Overview

What is BOB (Build on Bitcoin)?
BOB is an L2 smart contract platform for decentralized applications on Ethereum. BOB was founded by Alexei Zamyatin and Dominik Harz and launched in 2024.
How does BOB (Build on Bitcoin) work?
BOB batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).
Who governs BOB (Build on Bitcoin)?
BOB team & investors own and govern the protocol. BOB's investors include Castle Island Ventures, IOSG Ventures, Coinbase Ventures, etc.
ExpenseL1 validators' share of fees$80L1 validatorsRevenueBOB's share of fees$100Connects L1 validators and usersFeesTransaction fees$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

On-chain sources