Justin Sun, founder of Tron, has unveiled an ambitious roadmap for Tron’s Bitcoin Layer 2 initiative, aiming to enhance the scalability, speed, and security of the Bitcoin network.
The initiative includes integrating Tron tokens with Bitcoin, strategic collaborations with Bitcoin Layer 2 protocols, and the development of a Bitcoin-compatible protocol by Tron. This move is expected to inject funds into the Bitcoin network and improve its performance while ensuring interoperability between Tron and Bitcoin.
Additionally, Tron is developing wallets and tools compatible with BRC-20 tokens for Ordinals and Bitcoin Layer 2 solutions, aiming to address concerns raised by some critics within the Bitcoin community.
Tron’s Bitcoin Layer 2 solution roadmap comprises three phases: Alpha, Beta, and Gamma. In Alpha, the focus is on building a cross-chain bridge for seamless asset transfers. Beta involves partnering with other Bitcoin Layer 2 solutions for staking activities.
Finally, Gamma will see the launch of a layer 2 solution integrating TRX and Bitcoin for fast transactions and low fees while maintaining Bitcoin’s security standards.
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