Author: TNA Protocol

1. Background Introduction

With the vigorous development of the Bitcoin ecosystem, there is an urgent need for mutual verification and management of on-chain and off-chain data generated by the main network and major Layer 2 activities. However, the Bitcoin main network does not provide a corresponding framework to handle the data of new activities and new states. In order to solve this ecological dilemma, the TNA Protocol has released a new yellow paper, announcing a narrative upgrade and the launch of TNA Core, a data availability solution focused on the Bitcoin network.

2. Financing Dynamics

TNA Protocol announced today the completion of its first round of financing, attracting investment from multiple overseas venture capital institutions, including MH Ventures, Cogitent Ventures, and CSP DAO. This round of financing will be used for the development of TNA Core, community expansion, and the expansion of token liquidity scenarios, aiming to promote cross-chain interoperability standards in the Bitcoin ecosystem and facilitate ecological expansion.

3. Introduction to TNA Core

TNA Core aims to effectively synchronize asset states across networks to prevent issues such as double spending or insufficient transactions. Especially when multiple Layer 2 networks simultaneously support the trading of Bitcoin mainnet assets, this mechanism will ensure that users cannot initiate ORDI or other mainnet asset transactions on two different Layer 2 chains at the same time, thereby avoiding potential conflicts.

To address the high cost challenges related to verifying global data, TNA Core has designed an efficient data sampling verification mechanism that balances efficiency, security, and economy during the verification process. In addition, TNA Core also provides decentralized data export for verification, allowing independent challenge verification processes between networks to ensure data availability. The solutions provided by TNA Core can be well integrated into major Bitcoin DA solutions, such as Nubit, B Squared, etc., to assist in achieving more efficient data availability.

TNA Core's DA solutions are closely integrated with its domain name asset Tapnames, directly defining the standards for cross-chain interoperability, allowing users to seamlessly trade domain names across various networks, with security barriers provided by TNA Core.

4. Future Prospects

The main participants in this investment round include MH Ventures, Cogitent Ventures, CSP DAO, etc., all of which are well-known overseas native crypto venture capital funds with extensive investments in the Bitcoin ecosystem, including top infrastructure projects such as Merlin, BEVM, Nubit, etc. This investment in TNA Protocol reflects institutional investors' confidence and expectations for the development of TNA Protocol in the infrastructure field.

In the future, TNA Protocol will continue to focus on the issuance and management of domain name assets, as well as innovation and popularization in the DA protocol. Institutional support will greatly promote the development of TNA Protocol in terms of technical improvement, product popularization, community expansion, and more. TNA Protocol will further consolidate its position in the Bitcoin ecosystem and become an indispensable key layer in the ecosystem.

5. About TNA Protocol

TNA Protocol is a Bitcoin asset and security protocol that integrates full-chain domain name asset issuance and DA solutions, aiming to enhance the state synchronization capability between multiple networks in the Bitcoin ecosystem, and promote the balance of state security and economy. At the same time, the combination of TNA Core with domain names makes various new interactions in the Bitcoin ecosystem more secure and convenient, thereby promoting the overall compatible development of the ecosystem.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。