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High Tower
@htwtech
1/8 People often compare Bitcoin and Ethereum. Ethereum is easier to build on, with faster iteration, expressive smart contracts, and great tooling. Bitcoin is slower to evolve, but still the most secure and trusted chain. @build_on_bob has solved the dilemma to combine them. It’s a Hybrid Layer 2 that brings Ethereum’s flexibility to Bitcoin’s foundation. It’s not about choosing one chain over the other. It’s about making them work together in a useful way. 2/8
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High Tower
@htwtech
Let’s take a closer look at how BOB approaches this. They pioneered the hybrid approach by taking what’s most reliable in Bitcoin and what’s most useful in Ethereum, and build a new kind of Layer 2. Why is that needed? Bitcoin is reliable but hard to use in DeFi. Ethereum is great for apps but doesn’t inherit Bitcoin’s trust. BOB bridges that gap - it works like an Ethereum L2, but eventually settles on Bitcoin.
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High Tower pfp
High Tower
@htwtech
In Phase 2 and 3 of their roadmap, BOB’s Hybrid L2 will inherit Bitcoin security. 3/8 On the research side, BOB is one of the co-authors of the BitVM2 paper and is also working towards a Bitcoin secured rollup. That means no multisigs, no federations. Just Bitcoin. With BitVM-style proofs, even one honest node is enough to keep things safe. BOB’s already working on bridges using BitVM. These let you move BTC without needing multisigs or trusted middlemen.
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