Tron Announces Plans to Develop L2 Solution for Scaling Bitcoin

Justin Sun, founder of the Tron Foundation, has announced plans to create a Tron-based L2 network to help scale Bitcoin. The roadmap includes incorporating a cross-chain solution to connect tokens from both ecosystems.

Sun specifically mentioned a range of tokens including USDT, TRX, BUTT, JST, SUN, NFT, WIN, and USDC. With the use of cross-chain solutions, Tron’s digital gold will now be accessible and can even be converted through exchanges.

“The integration […] will enable access to over $55 billion in assets on the original cryptocurrency network, making digital gold a viable financial option. Let’s make Bitcoin fun again!” Sun wrote.

According to the entrepreneur, this roadmap demonstrates the organization’s commitment to enhancing the interoperability and utility of blockchain technologies, setting a new standard for the industry’s future.

In the initial phase, the Tron DAO also plans to invest in a user-friendly wallet and tools to support BRC-20 tokens, including support for Ordinals technology.