Boba is an L2 Ethereum scaling & augmenting solution built by the Enya team as core contributors to the OMG Foundation. Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts. Boba offers fast exits backed by community-driven liquidity pools, shrinking the Optimistic Rollup exit period from seven days to only a few minutes, while giving LPs incentivized yield farming opportunities.
Boba’s extensible smart contracts will enable developers across the Ethereum ecosystem to build dApps that invoke code executed on web-scale infrastructure such as AWS Lambda, making it possible to use algorithms that are either too expensive or impossible to execute on-chain.
Boba Network aspires to be the People’s L2 that puts users and developers first. The goal is to build a pragmatic L2 that is the first step towards opening Ethereum to the next Billion users. Boba is an L2 Ethereum scaling & augmenting solution built by the Enya team as core contributors to the OMG Foundation.
Boba is based on the amazing work done by Optimism and uses the same base contracts, but has a few modifications to sweeten the L2.
Provides additional cross-chain messaging such as a message-relayer-fast
Uses different gas pricing logic
Provides a swap-based system for rapid L2->L1 exits (without the 7 day delay)
Provides a community fraud-detector that allows transactions to be independently verified by anyone
Interacts with L2 ETH using the normal ETH methods (msg.value, send eth_sendTransaction, and provider.getBalance(address) rather than as WETH
Is organized as a DAO
Has native NFT bridging
Automatically relays classical 7-day exit messages to L1 for you, rather than doing it as a separate step
