It was announced that the Bitcoin L2 network BOB (Build on Bitcoin) will launch its mainnet on April 24th on the X platform.

Bitcoin Layer2 network BOB announced that Coinbase Ventures has joined its $10 million seed round financing. The collaboration aims to accelerate the progress of its L2 network, which combines the advantages of Bitcoin and Ethereum.

On April 1st, it was reported that the Bitcoin Layer2 network BOB is collaborating with the Bitcoin sidechain development platform Anduro to develop a new Bitcoin sidechain called ALYS. The features of ALYS include Bitcoin compatibility, low fees, fast settlement, and resistance to MEV, and it is currently in the Alpha stage. Prior to this, Anduro was launched in February of this year by the cryptocurrency mining company Marathon Digital, which has begun building two sidechains named Cooperative and Alys.