What is BOB?

BOB, standing for Build on Bitcoin, is a Bitcoin Layer 2 solution that's fully EVM-compatible, aiming to unite the robust security of Bitcoin with the versatility and innovation of Ethereum's smart contracts. This groundbreaking platform enables the development of decentralized applications (dApps) directly on Bitcoin, leveraging the Ethereum Virtual Machine for seamless execution of smart contracts while maintaining Bitcoin as the native asset. It's designed to significantly expand the utility and functionality of Bitcoin, inviting a new era of development on the world's first and most secure blockchain.