TRON, a blockchain platform, has announced its Bitcoin Layer 2 solution and roadmap.
BlockBeats reported on February 15th that Justin Sun announced on social media that Tron will launch its Bitcoin Layer 2 solution. This integration will not only connect Tron with Bitcoin, but also promote the inflow of funds into the Bitcoin network, injecting financial vitality into Bitcoin. According to the roadmap released, the following phases will be implemented:
Alpha phase: Bitcoin can be accessed through cross-chain connections with the Tron network. Assets based on the Bitcoin network will expand to Tron (TRX). Efforts will be made to integrate multiple Tron tokens such as USDT, TRX, BTT, JST, SUN, NFT, WIN, and USDC into the Bitcoin network through cross-chain technology. This will enable Tron tokens to seamlessly interact and interoperate with the Bitcoin network. Wallets that are user-friendly and support BRC-20 tokens are also planned for investment.
Beta phase: Tron will cooperate with multiple Bitcoin Layer 2 protocols and gradually announce important partnership relationships. These partnerships will enable Tron users to participate in the staking plans of major Bitcoin Layer 2 networks and support the development of the Bitcoin Layer 2 ecosystem through Tron's diversified asset portfolio.
Gamma phase: The release of the Layer 2 solution integrating Tron, BTTC, and the Bitcoin network will mark an important milestone. This solution introduces a protocol compatible with Bitcoin, aiming to maintain the speed and low cost of the POS system while ensuring the security of POW and UTXO in combination with BTC Layer 2.