Tron-based wallet supports crypto assets on Tron
One of the wallets in the Open Network (TON) ecosystem has announced that it supports crypto assets on the Tron blockchain.
On September 23, self-sustaining wallet MyTonWallet said it will integrate Tron to support assets in its network. This includes the network's native token, TRON (TRX), Tethers USDT (USDT), and other tokens using the TRC-20 standard.
The MyTonWallet team claims to be the first wallet in the Ton ecosystem to integrate Tron-based assets.
basis for practicality
The group believes that this step will “lay the foundation” for blockchain interoperability. Alexander Zinchuk, the founder of MyTonWallet, believes that managing assets across different chains is very important for users. The Executive Director said:
“Managing assets across multiple blockchains is becoming increasingly important to users, and this first integration is just the beginning.”
Zinchuk also said that the move will lead to better adoption for the Ton ecosystem. “By integrating with major networks like Tron, we aim to bridge ecosystems and open the TONE network to a wider audience, leading to greater adoption and reach,” Zinchuk added.
The ton-based wallet will further increase its transaction capacity in the future, he said. He said the project will focus on enabling swaps and support for other blockchains, including the BNB Smart Chain, Solana and Ethereum.
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The crypto space is driven to interaction
The announcement follows a push towards broader blockchain interoperability in the crypto space. In the year August 6, Ethereum founder Vitalik Buterin announced a plan to solve operational problems on the Ethereum blockchain. Buterin says the solution to the practicality challenges may soon surprise people.
On September 18, decentralized exchange (DEX) aggregator 1inch Network launched “Fusion+”, a new cross-chain swap solution. The feature combines onchain and offchain liquidity to increase the power of the exchanges. It supports “all-nothing” transactions using atomic swap technology. When a swap fails, all funds are returned to the original holding.
Meanwhile, Core Bitcoin developer Jeff Garzik founded a protocol that aims to “unify” the Bitcoin and Ethereum blockchains using a feature called tunneling. The Hemi Networks team claims that the tunnel allows Bitcoin and Ethereum to coexist by avoiding the attack viruses that come with traditional bridge technology.
Hemi's Chief Technology Officer Max Sanchez told Cointelegraph that the technology allows users to transfer Bitcoin assets to the Hemi network and then to Ethereum.
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