TRON Announces MainNet Upgrade Designed to Enhance Security and Convenience

Published at: June 19, 2019

Odyssey, the mainnet for the blockchain-based platform TRON, will be upgraded to version 3.6 soon, according to an official blog post by the TRON Foundation on June 18.

The TRON network aims to be a platform for creating entertainment-focused decentralized applications (DApps). As stated in the post, developers can create DApps on both the TRON protocol as well as the Tron Virtual Machine.

Odyssey version 3.6 will reportedly contain new features designed to make DApp creation easier, as well as provide network protection from bad actors. As per the report, goals for the update included the following:

“Implement a more lightweight built-in event server, providing convenience for DApp developers to customize their own event service when they choose to switch on this feature. Enhance protocol data check to prevent malicious data on the chain”.

The update also features some routine improvements to other areas of the blockchain, such as improved security and stability.

The post also notes that the TRON public chain can perform tens of thousands of transactions per second (TPS). According to its website, TRON consistently performs 2,000 transactions per second, dwarfing a purported Ethereum (ETH) network TPS of 25 and a Bitcoin (BTC) network TPS of 3-6.

As previously reported by Cointelegraph, Tron CEO Justin Sun advertised Odyssey version 3.1 as having superior speed to BTC and ETH. Sun announced his projections on Twitter, saying:

“TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you!”

Tags
Blockchain
Bitcoin
Ethereum
Twitter
Security
Dapps
Tron
Related Posts
How the Bitcoin model can solve the social media dilemma
Social media platforms are constantly under fire for their lack of total end-to-end encryption, existing privacy policies and censorship – but a blockchain-based solution might spell the end to an era of centralized social media dominance. In many ways, social media is a vital component of daily life for both businesses and the average consumer. Today, these platforms connect individuals with their desired type of content based on their own inputs. This streamlined feed being served to users leading them to the businesses waiting at the end, should be the perfect scenario. However, when it comes to distributing the rewards, …
Blockchain / Sept. 6, 2021
Top 10 tweets of the year
Yes, yes, I know: You’re an excellent Twatter, and omitting from this list your one zinger that got 50 likes borders malfeasance. Likewise, this reporter is a negligent compiler of listicles for overlooking some spicy day where your favorite trader-nee-influencer colorfully described Brad Garlinghouse’s anatomy. If it’s any consolation, please know that I hate the hellsite just as much as you do. The year was terrible for almost all of the planet, and even though crypto enjoyed a strong secular bull market, everyone still managed to come together, rise above adversity, and treat each other horribly anyway. I looked up …
Blockchain / Dec. 26, 2020
Overview of Software Wallets, the Easy Way to Store Crypto
Similar to a bank account for fiat currency, a crypto wallet is a personal interface for a cryptocurrency network that provides reliable storage and enables transactions. Whether a cryptocurrency is securely stored or not, much depends on the wallet, which is only as secure as its private keys. Wallets are generally either hot or cold. The funds in a hot wallet can be spent at any time, online. A cold wallet functions in contrast: not intended for regular cryptocurrency transactions, but funds can be received at any time. Wallets can also be divided into three groups: software, hardware and paper. …
Blockchain / March 29, 2020
Largest Swiss Online Retailer Digitec Galaxus Now Accepts Cryptocurrencies
Leading Swiss online retailer Digitec Galaxus has announced that it will now accept cryptocurrencies, according to a press release published on March 19. Per the announcement, the shop is now accepting Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), Tron (TRX), NEO (NEO) and OmiseGO (OMG) for purchases worth over CHF 200 (about $200). The release further claims that the shop hosts around 2.7 million products, ranging from wheat beer to gaming PCs. The new payment method was reportedly jointly developed as part of a pilot project with Swiss payment processor …
Adoption / March 19, 2019
How to avoid getting hooked by crypto ‘ice phishing’ scammers — CertiK
Blockchain security company CertiK has reminded the crypto community to stay alert over “ice phishing” scams — a unique type of phishing scam targeting Web3 users — first identified by Microsoft earlier this year. In a Dec. 20 analysis report, CertiK described ice phishing scams as an attack that tricks Web3 users into signing permissions which end up allowing a scammer to spend their tokens. This differs from traditional phishing attacks which attempt to access confidential information such as private keys or passwords, such as the fake websites set up which claimed to help FTX investors recover funds lost on …
Blockchain / Dec. 21, 2022