What is Boba Crypto?

Founded by Alan Chiu in 2018, Boba Network is a blockchain augmenting solution based on the Optimism codebase with Layer 2 Ethereum scaling . Boba uses Optimistic Rollup technology, in which Optimism uses a smart contract to pass on transaction data from the main Ethereum chain to a Layer 2 network.

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Does Boba replace OMG?

To reflect the change in governance, OMG Network holders will receive a BOBA airdrop on Nov. 19, 2021. All OMG tokens will be replaced 1:1 by BOBA tokens and the airdrop snapshot will take place at the first Ethereum (L1) block with a timestamp greater than or equal to 2021/11/12 00:00 AM (UTC).

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