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Tron [TRX] releases developer suite after TVM launch; hails beginning of smart contract era

Anirudh VK

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Tron [TRX] releases developer suite after TVM launch; hails beginning of smart contract era
Source: Unsplash

The Tron [TRX] Foundation recently released news of a new suite for developers to use on the Tron blockchain. This comes after news of the launch of the Tron Virtual Machine [TVM], a Turing-complete Virtual Machine for the development of dApps on the Tron blockchain.

The Foundation has developed a set of tools to be used in conjunction with development practices on the Tron blockchain, namely TronGrid, TronBox, TronStudio, and TronWeb. Reportedly:

“These tools are aimed to help developers integrate innovative DApps into the TRON ecosystem with ease.”

The foremost of the tools is known as TronWeb and is aimed at connecting developers to the TRX blockchain. It claims to be influenced by the Ethereum Web3 protocol that is utilized by services such as Metamsk, except that it requires a full node and an additional Solidity Node that runs on HTTP.

TronWeb will award developers with the power to send, purchase, freeze and unfreeze tokens on the TRX blockchain, including the TRX token itself.

TronBox is an environment that allows developers to deploy smart contracts and test them. It functions on the API established by the TronWeb application.

TronStudio is a comprehensive Integrated Development Environment which has a TVM embedded into it. It also has an internal full node and creates a test environment for dApps which is both private and local.

TronGrid is similar to the function that Infura tool has on Ethereum, and allows developers to access the Tron Network. This also allows developers to build and release dApps and smart contract. It also provides a load balanced and hosted API service.

Recently, the Tron team released a new version of the Tron Mainnet on 8 October. This was the version 3.1, and also marked the proposition of a community Super Representative to activate the TVM on the new version.



If the community reaches consensus on this proposition, the TVM will be activated on the Mainnet. This will allow developers to deploy dApps and smart contracts on the Tron Mainnet.

The Foundation is dubbing the launch of the TVM as moving into the “beginning of the smart contract era”. They also state that their platform is around 200 times faster than Ethereum [ETH] and around 100 times cheaper than EOS.





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Anirudh VK is a full-time journalist at AMBCrypto. He has a passion for writing and interest towards the future of blockchain technology and cryptocurrencies. He does not own any cryptocurrencies currently.

Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
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Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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