BOB Launches Explainer Series on Hybrid Layer 2s and BitVM
BOB released a new series of introductory articles aimed at making its architecture more accessible. In this first installment, they explain what a hybrid Layer 2 is and how BitVM enables secure, verifiable computation without modifying Bitcoin's base layer.
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BOB 101 - What is a Hybrid Layer 2?
Imagine you have a big bank vault full of gold coins. It’s incredibly secure and pretty much unbreakable. But the vault has one problem, it only lets you put in or take out coins. This means you can’t do more complex things like earning interest.
That’s essentially what Bitcoin is like today. It’s a great store of value, but not as good for doing the more advanced stuff you might have seen in DeFi.
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BOB 101 - What is BitVM?
Today we’ll be delving into BitVM—a new way to run programs on Bitcoin without changing any of the core consensus rules that have made it the biggest, most secure and most well known blockchain. By the end of this article, you’ll see how BitVM plays a vital role in BOB’s Hybrid Layer 2, supporting secure, trust-minimized Bitcoin DeFi for everyone.