• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, June 25, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

TNA Becomes First Naming Protocol on Bitcoin Layer 2 with Bitlayer Labs Collaboration

14 May 2024
in Latest News, News
Reading Time: 3 mins read
104 5
Home News Latest News

TNA Protocol has established itself as a pioneer in the cryptocurrency space by becoming the first naming protocol to be supported on a Bitcoin Layer 2 solution. 

The protocol achieved this via its strategic partnership with Bitlayer Labs, a key player in the Bitcoin Layer 2 ecosystem. Notably, this collaboration positions TNA to directly support Bitlayer’s extensive network of over 150 ecosystem partners. 

TNA’s primary offering is based on its ability to map human-readable ‘Tapnames’ to Bitcoin-native addresses. This feature is expected to simplify transactions and how users interact with the Bitcoin network by making them more user-friendly. 

TNA’s naming protocol is similar to other prominent naming systems, such as ENS Domains, which have been widely adopted and successful in the Ethereum ecosystem. 

The partnership between TNA and Bitlayer Labs extends beyond providing naming services. TNA will also facilitate asset transfer from and to the Bitlayer network, thus improving compatibility and reducing obstacles within the Bitcoin smart contract ecosystem.

Meanwhile, TNA has also partnered with several other notable industry players, including Bitget Wallet, OKX Web3, Merlin Layer2, Polyhedra ZK, and more, to expand access to its services across the crypto ecosystem. 

Recently, TNA announced the introduction of its $BN token, also known as ‘Bitcoin Names,’ designed to complement its already-established $TNA token. This move is expected to further solidify TNA’s position in the market by providing additional utility and value to its users. 

The project’s team claimed that the decision to launch a new token comes at a “critical time when scalability and efficiency within the Bitcoin ecosystem are more important than ever.”

Although TNA’s public debut was only four months ago, the timing of its innovations is particularly interesting, as the new Bitcoin Layer 2 ecosystem is experiencing unprecedented growth. Runes, a new token standard on the Bitcoin blockchain, reportedly accounted for more than two-thirds of all transactions on the network following the halving event. 

RELATED: Bitcoin Hits New Milestone: One Billion Transactions Processed Since Genesis Block

This expansion is expected to drive further adoption and integration of blockchain technology across various sectors.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: Bitcoin Layer-2TNA
Share63Tweet40Share11
Previous Post

Sabai Protocol (SABAI) Lists on MEXC Following Strong Community Support

Next Post

Deutsche Bank Joins Singapore’s Central Bank Project to Explore Asset Tokenization and DeFi

Anuoluwapo Obisesan

Anuoluwapo Obisesan

Experienced in crafting clear, user-friendly documentation and compelling news reports. Passionate about technology and delivering impactful content. Collaborative team player dedicated to accuracy and clarity. When not writing, you'll find me hunkering down with a good book.

Related Posts

source: electronicpaymentsinternational.com
Business

Fiserv Teams Up with PayPal and Circle to Launch US Dollar Stablecoin FIUSD

24 June 2025
source: prospect.org
Bitcoin

Texas Becomes First U.S. State to Launch Bitcoin Reserve with $10 Million Investment

24 June 2025
source: theblock.co
News

Bill Introduced to Block U.S. President From Crypto

24 June 2025
source: finance.yahoo.com
Business

Nano Labs Launches $500M Convertible Notes Deal to Fuel BNB Treasury Strategy

24 June 2025

Featured Posts

Has Web3 Failed to Protect the Core Innovations of Crypto and DeFi?

Has Web3 Failed to Protect the Core Innovations of Crypto and DeFi?

byOlajumoke Oyaleke
15 June 2025
0

Are Green Cryptocurrencies the Future of Blockchain Sustainability?

Are Green Cryptocurrencies the Future of Blockchain Sustainability?

byOlayinka Sodiq
12 June 2025
0

Web3 Gaming’s Scaling Crisis: Why Innovation Alone Isn’t Enough

Web3 Gaming’s Scaling Crisis: Why Innovation Alone Isn’t Enough

byOlayinka Sodiq
10 June 2025
0

What Is Price Slippage in Crypto & How Can You Avoid It

What Is Price Slippage in Crypto & How Can You Avoid It

byOlayinka Sodiq
4 June 2025
0

The Rise of Decentralized Identity Solutions in DeFi

The Rise of Decentralized Identity Solutions in DeFi

byOlayinka Sodiq
20 October 2024
0

Read More

Chain of Thoughts

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

Markets Update

First XRP ETF Approved on Toronto Stock Exchange— Is This a Green Light for XRP ETF Approvals in More Countries?

16 hours ago

Your Weekend Crypto Roundup | June 2025 (Week 3)

4 days ago

Your Weekend Crypto Roundup | June 2025 (Week 2)

2 weeks ago

Your Weekend Crypto Roundup | June 2025 (Week 1)

3 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 5)

3 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 4)

1 month ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Stably Introduces Stablecoin Development & Advisory Services for Institutions & Enterprises

    bychainwire
    24 June 2025
    0

    WF Holding Ltd announces entry into the digital cryptocurrency field

    bychainwire
    24 June 2025
    0

    R0AR Lists on BitMart: $1R0R Makes CEX Debut

    bychainwire
    23 June 2025
    0

    GAP 3 Partners FZCO Becomes Dubai’s First Regulated Virtual Asset Investment Advisor with Operational License from VARA

    bychainwire
    23 June 2025
    0

    Polemos Launches $PLMS Token On MEXC and Uniswap, Advancing Web3 Gaming Infrastructure

    bychainwire
    23 June 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverses
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00