TRON set to launch its Bitcoin Layer 2 solution; Details

TRON founder Justin Sun shared on February 15 that the TRON network is prepared for the launch of its Bitcoin Layer 2 solution. According to Sun, the goal is to decentralize and intertwine various types of tokens within the TRON network with the Bitcoin network and its layer 2 builds.

“This innovative approach aims to decentralize and intertwine various types of tokens within the TRON network, including stablecoins, with the Bitcoin network and its layer-2 builds, such as Bitcoin Ordinals, in countless combinatorial ways. This integration will not only link TRON directly to Bitcoin, but will also facilitate access to more than $55 billion in value to the Bitcoin network, thereby injecting financial vitality into Bitcoin,” he stated.

Justin Sun highlighted his view that the future will see an expansion of Bitcoin-based assets being interconnected with TRON. According to him, efforts will be made to integrate several TRON tokens, including Tether (USDT), TRON (TRX), BitTorrent (BTT), JUST (JST), Sun Token (SUN), APENFT (NFT), WINkLink (WIN ) and USDC, on the Bitcoin network through cross-chain technology.

“This will allow TRON tokens to interact and interoperate seamlessly with the Bitcoin network. TRON DAO Ventures into Ordinals and Bitcoin Layer 2 solutions plans are the investment for an easy-to-use wallet and tools to support BRC-20 tokens, signifying TRON DAO’s venture into Ordinals and Bitcoin Layer 2 solutions.”

Sun also explained that TRON will collaborate with several Bitcoin Layer 2 protocols, in addition to gradually announcing significant partnerships. “These collaborations will allow TRON users to participate in reestablishment initiatives on major Bitcoin Layer 2 networks, supporting the growth of the Bitcoin Layer 2 ecosystem with TRON’s diverse portfolio of assets,” he added.

#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…

— HE Justin Sun Sun Yuchen (@justinsuntron) February 15, 2024

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