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TRON lately introduced its new Bitcoin Layer 2 resolution and roadmap on X/Twitter. The answer will decentralize and intertwine numerous tokens on the TRON community.
The tokens will embody stablecoins, merging TRON with the BTC community, and associated L2s, like Bitcoin Ordinals. The combination will interlink TRON and Bitcoin whereas additionally providing entry to 55 billion {dollars} in worth for Bitcoin.
Thus, the event will inject monetary vitality into Bitcoin, serving to the general trade. The announcement has boosted TRX’s worth by 1.37% up to now 24 hours. The coin is at present buying and selling at 0.1319 {dollars}, with 7.81% progress up to now week. In accordance with the newest TRON forecast, the coin is predicted to succeed in 0.172 {dollars} in 2024.
Coming again to the newest announcement, TRON additionally talked in regards to the roadmap for its plans. The tweets learn that BTC has been made accessible by way of cross-chains to TRON whereas exchanges are fueling conversions.
Within the first stage of TRON’s roadmap, Bitcoin network-based property can be bridged to TRON. Networks will make changes to combine completely different TRON tokens, like SUN, TRX, USDT, USDC, BTT, WIN, NFT, and so forth., into the BTC community utilizing cross-chains.
The combination will assist TRON tokens interoperate and work together with the BTC community. TRON plans to put money into user-centric instruments and wallets to help BRC-20 tokens. It signifies TRON DAO’s entry into Bitcoin L2 options and Ordinals.
Within the second stage, TRON will be part of palms with completely different BTC L2 protocols. The partnerships will assist customers partake in staking actions all through completely different Bitcoin L2 networks. It’ll help the expansion of the Bitcoin L2 ecosystem with TRON’s asset portfolio.
Within the third stage, an L2 resolution can be introduced that may combine BTTC, BTC, and TRON networks. The answer will include a protocol that’s suitable with Bitcoin and might preserve the low charges and pace of POS methods. The protocol can even observe the security measures of UTXO and POW whereas working with Bitcoin L2 options.
