BITCOIN

Justin Sun leads TRON to launch Bitcoin L2, with a three-stage roadmap covering re-collateralization and Ordinals protocol.

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Justin Sun leads TRON to launch Bitcoin L2, with a three-stage roadmap covering re-collateralization and Ordinals protocol.

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TRON Announces Bitcoin L2 Solution and Roadmap

Under the slogan "Making Bitcoin Fun Again," Sun Yuchen announced that the TRON blockchain will soon launch a Bitcoin L2 solution, with potential integrations covering stablecoins, Bitcoin Ordinals, and other areas.

He emphasized that this move will allow over $50 billion USDT and $22 billion TVL on the TRON chain to flow into the Bitcoin network, and the roadmap will be divided into three development stages.

Roadmap α

In the future, more TRON assets will be able to cross-chain with the Bitcoin network, including USDT, TRX, BTT, JST, SUN, NFT, WIN, and USDC.

TRON DAO also plans to invest in a user-friendly wallet project that supports BRC-20 tokens.

Roadmap β

TRON is expected to collaborate with multiple Bitcoin L2 protocols and will gradually announce major partnership relationships. These integrations will allow TRON users to participate in Bitcoin L2 mainstream network re-staking activities.

Roadmap γ

The Bitcoin L2 will integrate TRON and BTTC BitTorrent Chain, and introduce Bitcoin-compatible protocols to ensure the security of both Bitcoin POW and UTXO simultaneously.

In fact, Sun Yuchen has been quite busy recently. In addition to announcing the foray into Bitcoin L2, Huobi HTX also announced the launch of HTX DAO last month and continues to burn the exchange platform's token HT.

HTX DAO and People's Exchange Launch Ceremony Succeed, Sun Yuchen: Building Huobi HTX as the People's Exchange