What is Bitcoin halving, and how is it related to cross-chain interoperability? The Bitcoin protocol reduces the supply of new Bitcoin by 50% via the quadrennial Bitcoin halving. This translates into a 50% reduction in revenue (in BTC terms) for Bitcoin miners and poses indirect implications for cross-chain interoperability. Bitcoin halving events, occurring approximately every four…
Layer-1 blockchain Tron is considering a Bitcoin layer-2 solution that would support a “wrapped” version of Tether (USDT), potentially allowing billions of dollars of liquidity to flow into the Bitcoin ecosystem. In February, Tron’s founder, Justin Sun, announced a roadmap for Tron’s Bitcoin layer 2 solution in an X post, which would allow stablecoins and tokens to move…