Justin Sun, the founder of TRON, officially announced on February 15th the Layer 2 solution and roadmap for BitTorrent. It is expected that TRON will achieve comprehensive interoperability with the Bitcoin ecosystem.
This greatly improves the scalability and transaction speed of the Bitcoin network, promoting the widespread application of Bitcoin. This ambitious roadmap outlines TRON’s commitment to enhancing the interoperability and practicality of blockchain technology, setting new standards for the industry.
The roadmap consists of three phases. In the first phase, Bitcoin has achieved accessibility through cross-chain connectivity with the TRON network and can be exchanged through exchanges. In the future, there will be further expansion of bridging assets between the Bitcoin network and TRON, and efforts will be made to integrate various TRON tokens (including USDT, TRX, BTT, JST, SUN, NFT, WIN, and USDC) into the Bitcoin network through cross-chain technology, enabling seamless interaction and interoperability between TRON tokens and the Bitcoin network.
TRON will also venture into oracles and Bitcoin Layer 2 solutions, and plans to invest in user-friendly wallets and tools to support BRC-20 tokens.
In the second phase, TRON will cooperate with multiple Bitcoin Layer 2 protocols and gradually announce important partnerships. These partnerships will allow TRON users to participate in major Bitcoin Layer 2 network staking plans and support the joint development of the Bitcoin Layer 2 ecosystem and TRON’s diverse asset portfolio.
The announcement of the integration of TRON, BTTC, and Bitcoin’s Layer 2 solution in the third phase will mark an important milestone. This solution introduces a Bitcoin-compatible protocol that aims to combine the speed and low cost of a POS system with the security of Bitcoin’s POW and UTXO in BTC L2.
According to Justin Sun’s comments, Tronscan blockchain explorer shows that currently, TRON has over 7.1 billion transactions, over 211 million accounts, and a total value locked (TVL) of over $22 billion. It has become an important global payment network and a decentralized autonomous organization (DAO) governed by the community.
In the past, TRON has provided a bridge between the Bitcoin network, establishing an important channel for constructing the global digital economy. With the announced Bitcoin Layer 2 solution and roadmap, TRON is expected to achieve interoperability between different blockchains, promoting the prosperity of the global digital economy.
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