According to CoinDesk, the hybrid Layer 2 project BOB, driven by Bitcoin and Ethereum, has released its Hybrid L2 white paper. Hybrid L2 combines the security of Bitcoin with the innovation of Ethereum DeFi, aiming to make Bitcoin the core of the entire DeFi ecosystem. BOB's hybrid L2 design will fundamentally change the way Bitcoin is used in DeFi finance, supporting trustless Bitcoin deposits and withdrawals. BOB plans to operate a trustless cross-chain bridge powered by Bitcoin in the future, connecting to other chains that can validate the Bitcoin mainnet.

PANews reported on October 25 that the hybrid Layer 2 project BOB, driven by Bitcoin and Ethereum, has officially released its Hybrid L2 white paper, according to CoinDesk. Hybrid L2 is a novel model that combines the security of Bitcoin with the innovation of Ethereum DeFi, ultimately positioning Bitcoin as the core of the entire DeFi ecosystem. BOB's hybrid L2 design aims to fundamentally change the way Bitcoin is used in DeFi finance, with its ultimate form fully inheriting Bitcoin's security and supporting trustless Bitcoin deposits and withdrawals.

BOB envisions a future where an interoperable platform with Bitcoin's security equivalence will replace traditional centralized exchanges in the realm of hybrid L2. Similar to Ethereum, BOB will operate a trustless cross-chain bridge driven by Bitcoin in the future, connecting all other chains capable of validating the Bitcoin mainnet, including Solana, Tron, Sui, Aptos, Arbitrum, Optimism, and Polkadot.

The Bitcoin L2 project BOB has released a Hybrid L2 white paper.