TRON announces layer-2 development roadmap on Bitcoin

TRON claims to want to fully develop the Bitcoin ecosystem through building a layer-2 for the world's largest cryptocurrency network.

On the afternoon of February 15, TRON founder Justin Sun suddenly announced his "pivot" to Bitcoin, posting a development roadmap to form a new layer-2 solution for BTC.

The above project was formed with the ambition of connecting a series of tokens operating on the TRON ecosystem - including USDT, TRX, BTT, JST, SUN, NFT, WIN and USDC - to Bitcoin, opening up more new development opportunities both in DeFi and Ordinals.
Justin Sun claims TRON is the leading cryptocurrency network in stablecoins with $55 billion in stablecoins in circulation, plus $22 billion in TVL DeFi.

TRON's Bitcoin layer-2 development roadmap is divided into 3 stages:
-         α (alpha): TRON develops a cross-cahin bridge to bring assets on TRON to Bitcoin.
-         β (beta): TRON will gradually announce cooperation agreements with other layer-2 solutions on Bitcoin, helping users participate in staking activities.
-         γ (gamma): TRON launches layer-2 integrating TRX and BTC, committed to providing the high transaction speed and low fees of a Proof of Stake network, but still ensuring the usual security of Proof of Work .
The TRON founder affirmed that the above roadmap shows the project's commitment to embracing and promoting new blockchain advances, while also setting standards for the entire industry.

Since Ordinals - Inscription appeared in early 2023, the Bitcoin network has been given a breath of fresh air, with countless applications and functions developed throughout the past year. After NFT and token creation, the next development trend is to build layer-2 on Bitcoin, with many projects having such ambitions, according to a summary from DWF Ventures.

The TRON network will not have many notable developments in 2023, other than continuing to be part of the Justin Sun ecosystem, including TRON and TRX tokens, Poloniex exchange and HTX exchange (formerly renamed Huobi).

In the past, TRON and Justin Sun also "catch the trend" of the cryptocurrency market many times, such as TRON setting up a 100 million USD AI fund when the AI wave emerged at the end of 2022, Huobi announcing its registration to operate in Hong Kong. Kong to prepare for this special economic zone to recognize cryptocurrencies again, followed by the announcement of building layer-2 on BitTorrent after the news of Coinbase developing Base.