Difference between revisions of "Boba Network (ENYA)"

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*[https://www.enya.ai/press/bobanetwork From] [[EthHub]] (28-8-2021):
*[https://www.enya.ai/press/bobanetwork From] [[EthHub]] (28-8-2021):


''"Boba Network is a [[Layer Two|layer 2]] [[Rollups|optimistic rollup]] that reduces [[gas]] fees, improves [[Transactions per second (TPS)|transaction throughput]], and extends the capabilities of [[Smart Contract (SC)|smart contracts]]."''
''"Boba Network is a [[Layer Two|layer 2]] [[Rollups|optimistic rollup]] that reduces [[gas]] [[fees]], improves [[Transactions per second (TPS)|transaction throughput]], and extends the capabilities of [[Smart Contract (SC)|smart contracts]]."''


==History==
==History==
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===Implementations===
===Implementations===


*Built on:
*Programming language used:
*Programming language used:


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===How it works===
===How it works===
* [https://www.coindesk.com/business/2022/04/05/ethereum-scaler-boba-network-valued-at-15b-in-45m-series-a/ From] [[CoinDesk (DESK)|Coindesk]] (5-4-2022):
''“[[Layer Two|Layer 2]]<nowiki/>s have single instance sequencers that act as [[block]] producers,” said Chiu. “So we set off to modify [[Geth]] in such a way that [[Smart Contract (SC)|smart contracts]] on Boba can call any external [[API]]. Suddenly, you can do machine learning [[Off Chain|off-chain]] and have the results come back to your smart [[contract]], atomically, meaning in the same [[Transaction (Tx)|transaction]], in the same block. You can write smart [[contracts]] that call a [[Twitter]] API; if you want to, for example, reward users for performing certain actions on Twitter, and automate that whole verification and rewarding process,” Chiu said. “You can create [[on-chain]] assets that are synchronized with your gaming engine that runs [[off-chain]], or with the metaverse that runs off-chain.”''
===Fees===
===Fees===
===Upgrades===
===Upgrades===
===Mining===
===Staking===
===Staking===
====Validator Stats====
====Validator Stats====
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* [https://news.bitcoin.com/boba-network-introduces-wagmi-options-for-developers-and-builders/ From] [[Bitcoin.com]] (7-1-2021):
* [https://news.bitcoin.com/boba-network-introduces-wagmi-options-for-developers-and-builders/ From] [[Bitcoin.com]] (7-1-2021):


''"Boba has announced the launch of an incentives program using Wagmi options. With Wagmi option will depend on network parameters such as total value locked (TVL), or specific project developments."''
''"Boba has announced the launch of an incentives program using Wagmi [[options]]. With Wagmi [[option]] will depend on network parameters such as [[total value locked]] (TVL), or specific project developments."''


===Scaling===
===Scaling===
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==Oracle Method==
==Oracle Method==


* [[UMA (UMA)|UMA]] optimistic oracle went [https://twitter.com/UMAprotocol/status/1488334871995072513 live] (5-2-2022).
* [[UMA (UMA)|UMA]] optimistic [[oracle]] went [https://twitter.com/UMAprotocol/status/1488334871995072513 live] (5-2-2022).
* Partnered with [[Band Protocol (BAND)|Band Protocol]] to bring [[Oracle|oracles]] to their layer-2 optimistic rollup platform (11-9-2021).
* Partnered with [[Band Protocol (BAND)|Band Protocol]] to bring [[Oracle|oracles]] to their [[layer-2]] [[optimistic rollup]] platform (11-9-2021).


==Privacy Method==
==Privacy Method==
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*Full team can be found [here].
*Full team can be found [here].
*Alan Chiu; founder


===Funding===
===Funding===
* [https://www.coindesk.com/business/2022/04/05/ethereum-scaler-boba-network-valued-at-15b-in-45m-series-a/ From] [[CoinDesk (DESK)|Coindesk]] (5-4-2022):
''"Boba Network has raised $45 million from a wide range of investors that included cryptocurrency exchange giants [[Huobi (HT)|Huobi]], [[Crypto.com (CRO)|Crypto.com]] and [[BitMart]]."''
===Partners===
===Partners===
==(:==
==(:==
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Making these free wiki pages is fun but takes a lot of effort and time.
Making these free wiki pages is fun but takes a lot of effort and time.


If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.
If you have enjoyed reading, tips are appreciated :) This will help us to [[keep]] expanding this archive of information.


[[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31
[[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31
[[Category:Coins/Tokens]]
[[Category:Coins/Tokens]]

Revision as of 06:30, 11 April 2022

Basics

"Boba Network is a layer 2 optimistic rollup that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts."

History

  • Fka OMGX Network or OmisegoX

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Programming language used:

Transaction Details

How it works

Layer 2s have single instance sequencers that act as block producers,” said Chiu. “So we set off to modify Geth in such a way that smart contracts on Boba can call any external API. Suddenly, you can do machine learning off-chain and have the results come back to your smart contract, atomically, meaning in the same transaction, in the same block. You can write smart contracts that call a Twitter API; if you want to, for example, reward users for performing certain actions on Twitter, and automate that whole verification and rewarding process,” Chiu said. “You can create on-chain assets that are synchronized with your gaming engine that runs off-chain, or with the metaverse that runs off-chain.”

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

"Boba has announced the launch of an incentives program using Wagmi options. With Wagmi option will depend on network parameters such as total value locked (TVL), or specific project developments."

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

"Boba’s mainnet was launched in September last year, and it managed to rise as one of the leading L2 networks, reaching the second spot in TVL among these on November 28, only behind Arbitrum. However, since then, the network has lost some steam, falling to fourth place while being surpassed by Loopring and Dydx, according to the info at L2beat, an L2 statistics monitor."

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].
  • Alan Chiu; founder

Funding

"Boba Network has raised $45 million from a wide range of investors that included cryptocurrency exchange giants Huobi, Crypto.com and BitMart."

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31