Bitcoin L2 Network BOB Launches Mainnet Launch Phase 1

On May 2nd, the Bitcoin L2 network BOB announced the launch of the mainnet. It is currently in the first phase. TVL exceeds 300 million dollars and receives over 40 DApps. In the next 2-3 weeks, more than 40 DApps will be accessed. The next phase of development of BOB aims to achieve Bitcoin proof-of-work through "merger mining". In the third phase, BitVM will be introduced to achieve a secure BTC bridge similar to the Ethereum bridge. In addition, the second season of BOB Fusion is coming soon. Users can participate in the following ways: • Bridge to BOB and provide TVL to DApps; • Actively use BOB DApps; • Participate in tasks on Galxe.