TNA Introduces Ecosystem Token for Bitcoin Infrastructure Development
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/TNA Protocol/ – TNA, a pioneering naming protocol native to Bitcoin, is designed to enhance Bitcoin’s asset variety and data handling capabilities. The protocol recently made headlines for achieving a significant milestone, selling a name at a record auction price of 5 BTC.
In response to the evolving landscape of the Bitcoin ecosystem, TNA announces significant upgrades, including a framework to address Bitcoin’s data availability challenges, alongside the introduction of an ecosystem token.
Beyond Bitcoin Names: Establishing Interoperability Standards with DA Solutions
TNA is a naming protocol for Bitcoin designed to improve its usability and broaden its array of assets and primitives. To cover omni networks, TNA introduces a DA framework, known as the TNA Core, to enhance Bitcoin mainnet’s ability to manage cross-chain interactions and network interoperability. TNA Core proposes a BLOB-based DA framework, augmenting existing Bitcoin DA solutions to establish data standards that ensure robust security and economic efficiency. As the foundational component of TNA’s naming layer, TNA Core enables secure and smooth name transactions across various networks, while also improving the general state of Bitcoin data availability.
A Fresh Token Economy to Empower the Community and Inspire Project Innovation
In support of early adopters and ecosystem expansion, TNA Protocol unveils its ecosystem token, $BN, alongside a plan to address Bitcoin’s interoperability and data availability challenges. $BN is designed to support TNA’s omni-chain, multi-asset operations and integrate seamlessly with its Bitcoin DA solution. It grants holders certain rights and benefits, such as the ability to issue sub-names and enjoy reduced registration fees. $BN tokens will be distributed through airdrops and rewards to developers and contributors.
Strong Partnerships Pave the Way for Ecosystem Expansion
Since its launch, TNA has established partnerships and integrations with key Bitcoin layer 2 solutions, including Merlin, Bsquared, Bitlayer, and BEVM. These strategic alliances have deepened TNA Protocol’s integration within the Bitcoin ecosystem, fostering mutual benefits and collaborative growth. Additionally, TNA has enhanced its connections with leading Bitcoin wallets such as OKX Wallet, TP Wallet, Math Wallet, and BGB Wallet. This move is aimed at providing users with an improved experience in fund transfers and account management, reflecting TNA’s commitment to user convenience and ecosystem development.
Influential Crypto Investors Back TNA, Eyeing Bitcoin Enhancement
The TNA Protocol has secured investments from prominent crypto investors like MH Ventures, CSP DAO, and Cogitent Ventures, known for backing projects such as SEI, io.net, zkPass, Merlin and others. Their investment in TNA highlights their confidence in TNA’s potential to enhance Bitcoin’s infrastructure, mirroring their successful investments in the broader blockchain ecosystem.
Interested in finding out more about TNA Protocol? Check out the links.
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