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.
Subscribe to AMBCrypto’s Newsletter
Monero [XMR] transaction fees plummet to 2 cents post the ‘Bulletproof’ hardfork
Ethereum [ETH] only accounted for 4% of Genesis trading loan book by end of September 2018
TAP releases new alpha version of their app
Cardano [ADA] continues its developmental roll; prices reflect the same
Tron [TRX] Technical Analysis: Bull pushing strong to power down bear in the short-term
Ripple partner Santander to adopt SWIFT GPI: What does it mean for XRP-powered xRapid?
XRP can now be used as collateral for $2 million instant loans
Ripple partner Santander goes live with SWIFT’s Global Payments Innovation
Bitcoin [BTC] is not going to disappear, but Ethereum [ETH], XRP and others are “going bust”, says Roubini
Tron [TRX/USD] Technical Analysis: The bulls have charged attack on the bear
Ripple and XRP rise in tandem; banking sector lays down the path for the cryptocurrency’s developments
XRP is not a security and the SEC will recognize it, says Ripple’s Chief Market Strategist
Exosis [EXO] to emerge as a rising star as one-stop solution for the cryptocurrency ecosystem
XRP sentiment gets bullish push as Ripple’s market strategist teases worldwide adoption of xRapid