Tron Founder Justin Sun Reveals Ambitious Bitcoin Layer 2 Roadmap
Justin Sun, the founder of Tron, has unveiled a roadmap for Tron’s Bitcoin Layer 2 initiative. This roadmap aims to enhance the interoperability and utility of blockchain technologies while injecting funds into the BTC network and improving scalability, speed, and security.
A Three-Phased Approach
Sun’s roadmap consists of three phases. In the first phase, Tron plans to integrate various tokens on its network with the Bitcoin blockchain using cross-chain technology. This integration will allow seamless interactions between Tron and Bitcoin, including TRX, SUN, JST, BTT, WIN, NFT, USDT, and USDC.
In the second phase, Tron will collaborate with different Bitcoin Layer 2 protocols to further enhance the growth of the ecosystem. These partnerships will also enable Tron users to participate in restaking programs on Bitcoin Layer 2 networks.
The final phase of the roadmap aims to create a Bitcoin Layer 2 solution that integrates Tron, BTTC, and BTC. This solution will combine low fees and fast transactions associated with Proof-of-Stake systems while ensuring the security of Proof-of-Work models.
Wallet and Tools for BRC-20 Tokens
Tron DAO is also investing in the development of a wallet and tools compatible with BRC-20 tokens. This move aligns with Tron’s commitment to supporting Ordinals and Bitcoin Layer 2 solutions.
Ordinal inscriptions have brought decentralized finance (DeFi) and non-fungible tokens (NFTs) to Bitcoin but have faced criticism due to high fees and network congestion. However, efforts are being made within the Bitcoin community to address these concerns.
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