Boba Network to Offer Lower Gas Fees on Ethereum via BOBA Token
The network has implemented single-token gas payments on its blockchain, allowing users to pay 25% lesser in gas fees if they use BOBA instead of ether. Source
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Ethereum L2 Boba Network valued at $1.5B following Series A
Hybrid computing platform Boba Network has joined the “crypto unicorn” rankings after raising $45 million in Series A funding, underscoring the investment appeal of Ethereum layer-2 scaling solutions. The funding round had participation from several crypto-focused venture funds including Infinite Capital, Hypersphere, 10X Capital, Hack VC, GBV, Sanctor Capital, Shima Capital,
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Ethereum Scaler Boba Network Valued at $1.5B in $45M Series A
“Layer 2s have single instance sequencers that act as block producers,” said Chiu. “So we set off to modify Geth [a programming language for running Ethereum nodes] in such a way that smart contracts on Boba can call any external API. Suddenly, you can do machine learning off-chain and have
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Bobatama (BOBA) Is Now Available for Trading on LBank Exchange – Press release Bitcoin News
press release PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed Bobatama (BOBA) on March 16, 2022. For all users of LBank Exchange, the BOBA/USDT trading pair is now officially available for trading. Bringing the first ever EVM compatible multi-chain ghost
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Boba Network Introduces ‘Wagmi’ Options for Developers and Builders – Bitcoin News
Boba Network, an L2 (layer 2) expansion layer for Ethereum, has announced the launch of what it calls “Wagmi” options as a way of incentivizing builders and supporters to be invested in the project. The incentive programs will be distributed amongst different projects on the chain and will be based
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Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVL – Defi Bitcoin News
Boba Network, a recently released L2 layer for Ethereum, has quickly jumped to second place in TVL (total value locked) among all expansion layers. Boba, which is a fork of Optimism, another L2 layer based on rollups, reached more than $1 billion in TVL, surpassing Optimism. This is likely due
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OMG Tanks Over 25% as Exchanges See Record Inflows After BOBA Airdrop snapshot
The uptick in the lead-up to the airdrop snapshot and the subsequent sell-off is related to the “buy the rumor, sell the fact” trade often observed in stock markets and recently seen in bitcoin. The concept is based on the belief that market participants, being forward-looking, tend to buy an
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OMG price crashes by one third after BOBA airdrop snapshot
The price of OMG Network (OMG) has plunged 33% from a daily high of $19.35 down to around $13 immediately after completion of the snapshot for an airdrop from the Boba Network.The snapshot of all wallets holding OMG tokens on the Ethereum network and the layer-two Boba Network took place
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OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution
In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism. Another project that has benefited from the sector's transition to layer-1 and layer-2
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Boba Network Launches as Ethereum’s Newest Layer 2 — CoinDesk
“We have a feature called Hybrid Compute, which allows developers to build advanced algorithms that are too expensive to do on-chain,” Chiu said. Ethereum’s native programming language Solidity “is really constraining, he added. “A lot of DeFi developers have had to dumb down their algorithms.” Source
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