Tron Announces Its Bitcoin Layer 2 Solution and Road Map \ stacker news ~bitcoin

*Don't kill the messenger: I like the first answer by Eric Podwojski 🟠 @epodrulz "Keep your shitcoins away from the Bitcoin protocol" but I am open to see what the others want to do with Bitcoin.

https://twitter.com/justinsuntron/status/1758034850798346517 #TRON Announces Its Bitcoin Layer 2 Solution and Road Map 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 billion, TRON is set to unveil its groundbreaking Bitcoin Layer 2 solution. This innovative approach aims to decentralize and intertwine various token types within the TRON network, including stablecoins, with the Bitcoin network and its constructed Layer 2s, like the Bitcoin Ordinals, in numerous combinatory ways. This integration will not only link TRON directly with Bitcoin but also facilitate access to over $55 billion in value to the Bitcoin network, thereby injecting financial vitality into Bitcoin. Let's make #Bitcoin fun again!

Road Map Stage α

Bitcoin has already been made accessible through cross-chain connections to the TRON network, with exchanges facilitating conversions. The future will see an expansion of Bitcoin network-based assets being bridged to TRON. Efforts will be made to integrate various TRON tokens, including #USDT, #TRX, #BTT, #JST, #SUN, #NFT, #WIN, and #USDC, into the Bitcoin network via cross-chain technology. This will enable TRON's tokens to interact and interoperate with the Bitcoin network seamlessly.

TRON DAO Ventures into Ordinals and Bitcoin Layer 2 Solutions

Plans are the investment for a user-friendly wallet and tools to support BRC-20 tokens, signifying TRON DAO's venture into Ordinals and Bitcoin Layer 2 solutions.

Road Map Stage β

TRON will collaborate with multiple Bitcoin Layer 2 protocols, gradually announcing significant partnerships. These collaborations will allow TRON users to participate in restaking initiatives across major Bitcoin Layer 2 networks, supporting the growth of the Bitcoin Layer 2 ecosystem with TRON's diverse asset portfolio.

Road Map Stage γ

The announcement of a Layer 2 solution that integrates TRON, BTTC, and the Bitcoin network will mark a significant milestone. This solution introduces a protocol that compatible with #Bitcoin, aiming to maintain the speed and low fees of POS systems while ensuring the safety of POW & UTXO in conjunction with BTC L2!

This ambitious roadmap outlines TRON's commitment to enhancing the interoperability and utility of blockchain technologies, setting a new standard for the industry's future.

108 sats \ 0 replies \ @SwearyDoctor 15 Feb 2024

I mean, Justin Sun will try to make money off anything. And in all fairness, when it comes to stablecoins, its tether is fairly cheap to use

This text, though, hurts my corporate-speak-senses.

And in general, I keep being surprised that Tron is still around, let alone a high cap coin, comparatively.

21 sats \ 0 replies \ @elvismercury 15 Feb 2024

It's interesting that while Tron is a complete sham in terms of what bitcoiners think of as a real crypto asset, it is totally legit in terms of having a use that people value, and that they actively use it for. Like, if you want to use Tether, which many people genuinely do, Tron is your huckleberry.

0 sats \ 0 replies \ @SaToSHiWoMaN 15 Feb 2024 outlawed

stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.