The new platform on the blockchain Tron will simplify access to the system for developers of decentralized applications. For the week, the price of cryptocurrency has risen by 20%
Tron startup founder Justin Sun gave a presentation of the Tron Virtual Machine. This is a system built on the blockchain of the project, which should expand its ecosystem. Its main feature is easy access to the platform for developers of decentralized applications.
“We are confident that the development of Tron will lead the industry to a new phase of development. We believe that we can create a decentralized Internet, ”said San.
The main functions of TVM are full compatibility with Ethereum, a unique virtual memory and a user-friendly model of energy consumption. The release of the beta version of the system took place in late July.
The cost of the Tron token has risen to $ 0,024. A week ago, on August 24, it was at $ 0,020. During this time, the cryptocurrency has risen in price by 20%.
In late July, the Tron project acquired the BitTorrent service. This collaboration should help free the Internet from large corporations and give users back access to the data, Justin Sun said.