In this 50th episode of Bitcoin Equities Talks, our Founder & CEO Jad Comair sits down with Alexei Zamyatin, co-founder of BOB (“Build on Bitcoin”), for a sharp and forward-looking discussion on how Bitcoin can evolve without ever compromising its foundation.
Together, they explore Bitcoin’s rigidity, the challenge of making BTC usable across ecosystems, and why true innovation must happen on layers, not the base chain.
A Decade in Bitcoin
Alexei shares his journey from early research in decentralized systems to building BOB, a protocol designed to merge Bitcoin’s security with Ethereum’s flexibility. For him, Bitcoin’s appeal has always been clear: censorship resistance, global reach, and uncompromising reliability.
Why Bitcoin Changes Slowly
The Block Size Wars showed that Bitcoin’s strength is its discipline. Upgrades require near-unanimous agreement, not experimentation. That conservatism protects the network, but it also means innovation has to move to layers built on top.
Quantum and the Next Threat
Quantum computing brings a hypothetical but real question: what happens if elliptic-curve signatures break?
Alexei outlines three outcomes: prepare early, upgrade in time, or face an attacker. The message is simple: Bitcoin endures through consensus, but proactive discussion is essential.
Layer 2 as the Real Frontier
Because Bitcoin’s base layer is intentionally rigid, BOB embraces a hybrid model: the security of Bitcoin combined with Ethereum’s smart-contract capabilities. The goal is clear; make BTC more useful without touching Bitcoin itself.
Swaps, Bridges, and Trust
Alexei clarifies a major misconception:
- Swaps are trustless exchanges
- Bridges require locking BTC and issuing representations elsewhere
Most BTC bridges rely on trust and multi-signature risks. BOB aims to reduce those assumptions and offer safer, more transparent ways to move value.
A Productive Future for Bitcoin
For Comair and Zamyatin, Bitcoin’s future lies in expanding utility while preserving sovereignty. The next era won’t be defined by forks, but by the layers built around Bitcoin’s unshakeable core
