Boba Network is a decentralized blockchain platform that aims to provide a secure and scalable infrastructure for decentralized applications (dApps) and smart contracts. The platform is built on the Ethereum blockchain and utilizes the Proof-of-Stake (PoS) consensus algorithm to validate transactions and secure the network. Boba Network also offers low transaction fees and fast transaction processing times, making it an attractive option for developers and users alike. The native cryptocurrency of the Boba Network is BOBA, which is used to pay for transaction fees and incentivize network validators. BOBA can also be used as a medium of exchange and store of value, similar to other cryptocurrencies like Bitcoin and Ethereum. The total supply of BOBA is capped at 100 million tokens, with a significant portion allocated for network validators and community development initiatives. Overall, Boba Network aims to provide a robust and efficient blockchain infrastructure that can support the growing demand for decentralized applications and services. |