Boba Network company info

What does Boba Network do?
Boba Network (CRYPTO:BOBA) is a Layer 2 scaling solution for Ethereum that uses Optimistic Rollup technology to reduce transaction fees and increase transaction throughput. It is fully compatible with Ethereum, meaning that developers can easily deploy their Ethereum smart contracts on Boba Network without having to make any major changes. Boba Network is operated by a decentralized network of validators. These validators are responsible for processing transactions and securing the network. Boba Network also has a team of developers and engineers who are constantly working to improve the platform and add new features. Boba Network's main objective is to make Ethereum more scalable, affordable, and accessible for everyone. It also aims to become the leading Layer 2 scaling solution for Ethereum.
Boba Network company media
Company Snapshot

How many people does Boba Network employ?

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Employees
50-100

What is the market cap for Boba Network?

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Market Cap
$67.01M

Where is the head office for Boba Network?

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Head Office
San Francisco, California

What year was Boba Network founded?

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Year Founded
2019
What does Boba Network specialise in?
/Layer 2 /Scaling

What are the products and/or services of Boba Network?

Overview of Boba Network offerings
Community support: Boba Network has a large and active community that is always willing to help new users.
Cross-chain compatibility: Boba Network is working on expanding its support for cross-chain transactions, so users will be able to transfer assets between Boba Network and other blockchains.
Developer tools and resources: Boba Network provides developers with a variety of tools and resources to help them build dApps on Boba Network.
Layer 2 scaling: Boba Network reduces transaction fees and increases transaction throughput for Ethereum users.
Security: Boba Network uses Optimistic Rollup technology to prevent fraud and ensure the security of all transactions.
Smart contract compatibility: Boba Network is fully compatible with Ethereum smart contracts, so developers can deploy their dApps on Boba Network without having to make any major changes.