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TRON publicizes its new Bitcoin Layer 2 Answer and roadmap

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TRON publicizes its new Bitcoin Layer 2 Answer and roadmap

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TRON not too long ago introduced its new Bitcoin Layer 2 answer 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% development up to now week. Based on the most recent TRON forecast, the coin is predicted to succeed in 0.172 {dollars} in 2024.

Coming again to the most recent announcement, TRON additionally talked in regards to the roadmap for its plans. The tweets learn that BTC has been made accessible through cross-chains to TRON whereas exchanges are fueling conversions.

Within the first stage of TRON’s roadmap, Bitcoin network-based belongings might be bridged to TRON. Networks will make changes to combine completely different TRON tokens, like SUN, TRX, USDT, USDC, BTT, WIN, NFT, and so on., 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 assist BRC-20 tokens. It signifies TRON DAO’s entry into Bitcoin L2 options and Ordinals.

Within the second stage, TRON will be a 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 can assist the expansion of the Bitcoin L2 ecosystem with TRON’s asset portfolio.

Within the third stage, an L2 answer might be introduced that can combine BTTC, BTC, and TRON networks. The answer will include a protocol that’s suitable with Bitcoin and may keep the low charges and velocity of POS programs. The protocol will even comply with the security measures of UTXO and POW whereas working with Bitcoin L2 options.

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