Boba Network is an Optimistic Rollups (ORU) based layer 2 blockchain platform that was developed by Enya and the OMG Foundation. This platform has been built to increase scalability of Ethereum and other blockchains through the use of ORUs which can provide better performance through lower fees and increased throughput. The Boba Network introduced Hybrid Compute; this allows developers to move their data and computation off chain for building smarter dApps. Formerly known as OMGX, the Boba Network currently supports the creation of DeFi, NFT, Gaming, and Web3 applications.
The OMG Foundation initially launched OmiseGo (OMG) through an ICO; this provided a solid foundation for the future development of L2 solutions.
Founded by Alan Chiu with its headquarters located in Palo Alto, California.
OmiseGo was rebranded as OMG Network with a focus on blockchain payments using Plasma.
The OMG Foundation partnered with Enya to develop and deploy an L2 Optimistic Rollup solution called OMGX; this was later rebranded to Boba Network.
The Boba Network's MainNet Beta went live in August 2021.
In April 2022, Boba Network raised $45 million in order to further support the development of the Boba Network.
Multi-chain L2 with optimistic rollup architecture and off-chain compute infrastructure
Hybrid Compute enables integration of AI/ML algorithms and complex off-chain computations directly into smart contracts
Based on official documentation and technical descriptions from search results
Boba utilizes a Turing system whereby an LTT Gap intercepts smart contract calls with Turing opcodes, makes an external API call off-chain, and returns the result as call data for on-chain verification. By specifying API endpoint developers can provide graceful timeout fallbacks.
Boba is an optimistic multi-chain rollup designed to support hybrid computing directly calling external API’s from smart contracts. In contrast to typical L2’s, it natively allows off-chain data and computing via Turing allowing for use cases such as gaming and integration of real world data. Additionally, Boba retains EVM compatibility but expands the possibility of rollups.
Transactions are verifiable and replayable on the underlying L1 blockchain. API responses are stored on-chain for transparency. Developers are responsible for their own trusted APIs; as well as providing timeout and fallback mechanisms to minimize risk. Decentralizing the sequencer is currently in development.
Use gateway.boba.network to bridge your assets with MetaMask. The platform offers hand-holding for new users, including network switching. Bridging fees are being subsidized to make on-boarding easier.
Yes, multiple DEX’s are available including Sushi, Firefly, Unidex, and Oolongswap. Look at the dApps page at boba.network for trading services across different Boba deployments.
No, you can’t cancel a transaction after it has been confirmed in the network. Check your information carefully before you confirm a transaction.
The API call has a default 1200ms time-out; if you’re using a malicious or slow API this may effect the overall performance of your app, although the best practice would be to always use an API that you trust. Network availability will depend on the centralized sequencer; we are working towards decentralizing this component.
The Boba Team manages Turing Credits through the contracts that we’ve deployed. Access to Turing Credits is limited to users who authenticate through one of our supported faucets (CAPTCHA) or tweet verification. Our custom backend handles all of the business logic for the API.
We believe that Boba Network is the first multichain Layer 2 Optimistic Rollup solution with the ability to utilize the Hybrid Compute capabilities provided through our Turing System which enables Smart Contracts to pull-off chain APIs and Data to support various use-cases such as Gaming, KYC, Enterprise etc… Although innovative solutions like ours are great, we still face many of the same challenges as other Layer 2 Solutions including Sequencer Centralization and API Timeout Risks. However, the fact that we have a strong focus on the Developer community puts us at a good advantage to support Web3 Apps that require the integration of Real World Data.
Boba provides the best platform for Developers to build Data Intensive Web3 Apps on L2; however, please test your API Integrations Thoroughly prior to Production Deployment.
The Boba Network is a hybrid layer two (L2) blockchain that uses an optimistic rollup to enable off-chain API calls for use in applications such as gaming and Know Your Customer (KYC). It also offers multi-chain support, subsidized bridging through gateway.boba.network, and developer workshops. Although the network is community driven with a heavy emphasis on documentation, there are limited details available regarding the level of support that will be offered to enterprises.
Limited - primarily from YouTube workshops, official site, and education page; no G2/Capterra ratings, support pages, or recent API docs found. Enterprise details require direct contact.
The Boba Network has an active focus toward hosting hackathons and workshops in order to develop hybrid computing technology and Turing. In addition to hackathons and workshops, the Boba Network encourages developers to become involved with their development documents and Discord chat forum. A YouTube channel is also maintained in order to provide educational content in the form of tutorials related to integrating APIs.
The Boba Network is designed as a multichain L2 that was optimized for gaming, including off-chain data such as random number generators (RNG) and social verification. Additionally, it allows for seamless bridging from Web2 to Web3 for luxury goods and membership programs.
The Boba Network invites Web2 services (such as AML/KYC) and data providers to become integrated with the network using custom remote procedure call (RPC) endpoints and Turing. Custom smart contract logic may be developed for enterprises wishing to expand into new markets.
The gateway.boba.network helps to simplify bridging through MetaMask hand holding and also provides discounted rates for bridging. An education hub is also provided, which includes frequently asked questions (FAQs) such as token swapping and transaction finality.
Turing provides an external API call interface (e.g., Twitter, database), while also providing on-chain verification. Off-chain execution is handled by the LTT Gap, and custom backends (e.g., AWS Lambda) are supported.
