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Tron (TRX) becomes mighty (and finer) with Virtual Machine launch

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Tron TRX mighty finer TVM launch
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Tron (TRX) as a cryptocurrency and a blockchain technology has come a long way to curve a niche for itself in the crypto space. According to Tron’s (TRX) recent news, the launch of Tron Virtual Machine today positions the blockchain technology ahead of other competing digital assets marking a big milestone on Tron’s development calendar.

There is a sense of excitement among Tron community members as they wait to usher in a new dispensation of scalability and efficiency on the Tron (TRX) platform. Justin Sun, the CEO and founder of Tron (TRX) announced the launch of Tron’s Virtual machine via his Twitter handle, saying:

Justin Sun twitted this tweet today, too.

Tron as a blockchain technology and as a platform has been making headlines for all the good reasons and has been fortunate to create a lot of interest from the general public and major financial institutions across the globe.

A lot of big companies have adopted Tron’s platform into their operations – thanks to its consistency culture and attitude in doing business especially since the beginning of this year. Tron has managed to host many projects on its network with much more waiting in line to adopt the blockchain technology.

Tron Recent Burst of Activities

There is no doubt that Tron (TRX) has been very busy this year with the March 31st Testnet commissioning, acting as the start of a new era in the blockchain industry. The Testnet release played a big role in ushering the Mainnet project which has, in turn, boosted investor and consumer confidence in Tron’s blockchain technology, thus leading to an increase in adopters and investors.

Within a few months of Tron’s massive adoption and partnerships, the virtual coin price value has started showing positive signs with the crypto market looking very accessible. Although many altcoins have fallen victim of poor prices credits to the poor market trend that had hit the crypto market since early June, Tron’s (TRX) stability and resolve seem to be secured on the projects they had invested in since the Testnet.

What’s so Special with Tron Virtual Machine?

According to a recent press release by staff members of Tron (TRX), the blockchain technology will be launching their anticipated TVM today, promising users of a superior experience by offering the desired network optimization and scalability. Tron’s Virtual Machine will be customized to the Tron platform.

We already know that Tron’s VM will be a game changer because, during the testing phase, the platform recorded an increase in Transactions per Second managing to handle more than 49,000 transactions in a single day. Tron’s project team project the TVM will be able to process more than one million transactions in one day.

According to the CEO and Founder of the blockchain technology, Justin Sun, Tron’s VM will be compatible with other Virtual Machines belonging to other cryptocurrencies such as Ethereum.

After the launch of the Virtual Machine, developers will be on the advantageous side as they will be able to enjoy a more secure, scalable, efficient, stable, and convenient blockchain network.

Notwithstanding, the theory of Bandwidth is going to be applied to Tron’s VM which means no transaction fees are going to be imposed on smart contracts or normal transactions. During the release of the Beta version, Tron’s CTO, Lucien, pronounced that Tron’s decentralized application ecosystem was going to be separated into three parts, namely, the third-party tools, development tools, Engine tools.

Just like Ethereum’s development tools, Tron’s development tools that include TronLink, Tron Remix, TronWeb, TronTruffle are pre-requisites for developers who would like to develop an entire distributed application.

Also, along these development tools, Tron VM will also provide developers with 20 different game templates to enable developers to create more sizeable games, refereeing to the templates while creating their dApps.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Ashley Knedler on Unsplash

Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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VeChain
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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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