TRON announces update of its network

The new update will implement improvements that will make the blockchain faster than Ethereum and will reduce costs compared to EOS

The TRX cryptocurrency that operates in the decentralized network of TRON registered an increase of more than 8% in its value after the CEO, Justin Sun, declared the updating of its network. The Odyssey 3.1 will be released in the next few hours.

The network will have the launch of the TRON virtual machine, which will allow developers to test the smart contracts of their blockchain network before they operate on the main one.

Justin Sun said that with the changes TRON will be 200 times faster compared to ETH and will be 100 times cheaper over the costs associated with the EOS network. In the same way, it invites the users of the applications to try the new properties.

People who have purchased their TRX assets begin to see their investment multiplied as the team of developers releases more information about future updates.

For its part, the cryptoactive has been affected by the drop in prices during 2018. At the time, the digital currency was valued above $ 0.21, but recently recorded a value equivalent to about $ 0.025 per unit.

L.Sáenz

Source: Diario Bitcoin

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