Can the Hybrid L2 BOB, which integrates the security of the Bitcoin network and the compatibility of Ethereum, utilize the BitVM cross-chain verification mechanism to fully unleash the financial potential of Bitcoin network ecological assets? For a long time, how to implement smart contract functionality on the Bitcoin chain without sacrificing the native security while releasing the liquidity of Bitcoin network assets has been a major concern for developers. Although developers have tried various paths to solve the programmability issue of the Bitcoin network, such as mapping assets on the mainnet through asset wrapping or running contracts via sidechains or L2, they have faced challenges during the implementation of these solutions, including security vulnerabilities in cross-chain bridges and the slow progress due to the high difficulty of developing sidechains or L2. The process of releasing liquidity for Bitcoin network assets has not been as smooth as imagined. To address this, BOB (Build on Bitcoin), which announced its financing this time, is committed to creating a native Bitcoin network asset bridging solution by integrating the security of the Bitcoin network with the advantages of financial scenarios on Ethereum, thereby building a financialization layer for assets that can cross all mainstream chains. In fact, as early as March 28 of last year, BOB completed a $10 million financing led by Castle Island Ventures, and Web3Caff Research also commented on this. I will quote part of the content to briefly explain BOB's design philosophy: ✜ The preview section has ended, and the remaining hidden hardcore content is here👇