The Tron team will create an L2 solution for scaling Bitcoin
The roadmap includes the integration of a cross-chain solution for linking tokens of the two ecosystems.
The founder of the Tron Foundation, Justin Sun, announced plans to develop an L2 network based on Tron to scale bitcoin.
#TRON Announces Its Bitcoin Layer 2 Solution and Road Map
— H.E. Justin Sun 孙宇晨 (@justinsuntron) February 15, 2024
Today is a significant day for #TRON.
Let's make #Bitcoin fun again!
As the protocol behind the world's largest stablecoin market, boasting $55 billion, and the decentralized finance Total Value Locked (TVL) of $22…
Justin Sun highlighted USDT, TRX, BUT, JUST, CAN, NFT, WIN and USDC.
Digital gold is already available through cross-chain solutions for Tron with the possibility of conversion through exchanges.
"Integration [...] will facilitate access to assets worth more than $55 billion in the first cryptocurrency network, thereby giving digital gold financial viability. Let's make bitcoin fun again!" wrote Sun.
According to the entrepreneur, the roadmap describes the organization's commitment to improving the interoperability and usefulness of blockchain technologies, setting a new standard for the future of the industry.
In the first stage of implementation, Tron DAO also plans to invest in a "user-friendly wallet and tools to support BRC-20 tokens," which also means support for Ordinals technology.
As part of the next stage, the organization plans to enter into cooperation with several L2 protocols for bitcoin. Within its framework, Sun expects Tron users to start participating in initiatives to develop second-level solutions.
The final stage of the roadmap involves the creation of its own L2 network, which will combine TRON, BTCC and the bitcoin blockchain. It will implement a protocol compatible with the first cryptocurrency aimed at maintaining the speed and low fees of PoS systems with PoW security.
Source: https://forklog.com/news/komanda-tron-sozdast-l2-reshenie-dlya-masshtabirovaniya-bitkoina
