Recently, when browsing my phone, I keep seeing various project updates. With so much information, it can be overwhelming. Looking back, I think it's better to focus on those who work quietly but make real progress.

For example, an old problem in crypto: Bitcoin is very secure, and everyone trusts it, but its functionality is simple, and it cannot directly run complex financial applications; on the other hand, while the Ethereum ecosystem has many applications and is easy to develop, its security relies on the project parties themselves, and issues arise from time to time.

@build_on_bob The contradiction they want to solve is this. Their direction is not to create another cross-chain bridge to move BTC back and forth, but to enable Bitcoin itself to participate more deeply in on-chain activities, especially to support native settlement with BTC, while being compatible with the EVM environment, allowing developers to directly access the value of BTC using familiar tools.

As a result, users do not need to convert BTC into wrapped coins, reducing the hassle and risk of asset conversion; institutions and developers can also build applications on a more secure basis. Recently, they completed a new round of financing, raising a total of 21 million dollars, mainly to promote mainnet development and ecological cooperation.

The team has not been much involved in hype, and the updates have focused on technical progress and refining the roadmap, taking a steady and solid approach. If you have always felt that BTC has low utility aside from holding, it might be worth taking a closer look at BOB.

#BuildOnBOB # SNAPS #Bitcoin # DeFi #CookieFun
@cookiedotfun