The Bitcoin Layer 2 solutions have the following specific impacts on the development of BTTC:
- Increased Liquidity: In the roadmap for the Bitcoin Layer 2 solutions released by TRON, there are plans to integrate Bitcoin into BTTC, which may inject substantial liquidity into BTTC, attracting more funds into the BTTC ecosystem, thereby enhancing the value and market activity of the BTTC coin.
- Attracting New Users: This solution enables BTTC to interconnect with the Bitcoin network, leveraging Bitcoin's vast user base and market influence to attract more Bitcoin users to understand and use BTTC, expanding the user base of the BTTC coin.
- Enhancing Technical Performance: In the γ phase of the roadmap, a Layer 2 solution integrating TRON, BTTC, and the Bitcoin network will be launched. This solution aims to maintain the speed and low fees of the POS system while ensuring security in conjunction with Bitcoin's POW and UTXO, which helps enhance BTTC's technical performance and security, strengthening its competitiveness in the blockchain field.
- Expanding Application Scenarios: TRON plans to integrate various TRON tokens into the Bitcoin network through cross-chain technology, and BTTC may also participate in this in the future, creating more application scenarios for the BTTC coin, such as in decentralized finance, cross-border payments, and digital asset trading, enhancing its utility and practicality.
- Strengthening Ecological Cooperation: TRON will collaborate with multiple Bitcoin Layer 2 protocols, and as an important project within the TRON ecosystem, BTTC is expected to seize this opportunity to establish cooperative relationships with other Bitcoin Layer 2 projects, promoting the synergistic development of the entire blockchain ecosystem and creating a favorable ecological environment for the development of the BTTC coin.