BOB co-founder Alexei Zamyatin just dropped a bombshell in an interview with Sandmark News:
Alexei stated bluntly, "Bitcoin is the leader, with the largest user base and explosive global recognition, but its DeFi infrastructure is lacking and needs to be addressed!"
@build_on_bob is here to save the day! It's a hybrid Layer-2 blockchain that leverages ETH's smart contracts and liquidity, but ultimately leaves all settlement to Bitcoin's security network. It uses BitVM and Bitcoin staking as bridges, minimizing excessive trust.
Alexei said, "We're not going to reinvent the wheel of ETH; we just want Bitcoin holders to easily borrow, mint stablecoins, and earn yields, all within their own ecosystem. ETH is stable, stablecoins are useful, but Bitcoin is the anchor of the system!"
Consider this: Ledger and Fireblocks have already partnered with it, and Uniswap is already the fourth largest marketplace on BOB. There's also the BitVM alliance, with over 20 organizations running nodes on the Testnet, including Wintertermute and Amber.
Of course, Bitcoin is no easy feat—after the blockchain wars, it experienced a "dark age," with slow and difficult development. But precisely because of this, those who can truly master it are the real deal.
Alexei jokingly remarked, "Bitcoin will chew you up and spit you out unless you have patience and a meticulous approach. In the open-source world, trust takes time to build."
Looking ahead three years? Alexei guarantees: every major blockchain and app will natively accept Bitcoin deposits and integrations. Bitcoin DeFi will dominate Layer-2, and BTC holders will finally be able to earn passively!
Super bullish on BOB and BTC
What about you?
🧡 #BOB #BitcoinDeFi