So you end up with something like Flight PHP or Next.js's API routes, but still needs to be deployed and then manually managed and scaled.
Cloudflare Workers is innovative not because it's isolated or follows a particular syntax, but because they allow very fast and cheap functions to be run, globally, with zero maintenance on the customers' parts. Just write code and click save and it's available at data centers all around the world, instantly, for not even pennies.
Blueboat would be incredibly difficult to scale up and maintain across clusters. Correct me if I'm wrong, but there is no way to deploy this at a cost even remotely similar to what Cloudflare offers, since individual customers don't have their economies of scale (and peering agreements).