Tron (TRX) Odyssey 3.5 Hard Fork Upgrade Launch is the Same day as Ethereum Constantinople

Just recently, Tron founder and BitTorrent CEO Justin Sun announced the launch of Odyssey 3.5 hard fork upgrade by this month end. The popular decentralized application (Dapp) is ready to bring in more new features with this upgrade that involves,

Tron Upgrade Coming with 4 New features

  • multi-signature and account managing
  • It further involves dynamic energy adjustment to real-time network performance
  • 50 percent performance upgrade from the present levels
  • Better Virtual Machine safety and event server for Dapps

Just a few days back, Sun has shared in an interview with The Street,

“We're constantly improving the protocol to deliver a better experience for everyone. When we talk about decentralizing the web, we're thinking longer term about returning privacy and ownership online to the people, so that it's not concentrated in the hands of just a few very large companies.”

When it comes to the upcoming features, about multisig and account management, Sun had shared,

“Multi-sig, acct mng and custody are three major requirements from institution. Recently we have received numerous demands from hedge funds, mainstream investors and financial institution. With 3.5 upgrade and the partnership with BitGo, TRON is ready!”

With dynamic energy management, the meaning is enhancing the energy efficiency on a blockchain network that is an innovative approach to manage the energy at the demand side. This imminent hard fork upgrade would also include improvement of 50 percent in the blockchain performance. Tron has been already been surpassing its main competitor Ethereum when it comes to average daily transactions.

Dapp is one of the focal points of Tron that is gradually gaining speed as recently it outdid even EOS, leaving Ethereum way behind as most recently, Tron enthusiast, Misha Lederman shared,

“TRON reaches new record in Daily Active Users of TRX DApps. 68,906 DAU (data by dapp_review). That's 68,9k users using TRON DApps over the past 24 hours – 4 months since the 1st DApps were launched on TRX. TRON is quickly growing into a DApp market leader.”

In August last year, Tron released its Tron Virtual Machine (TVM) and now is all set to build an even more enhanced VM for developers and event servers for Dapps.

This upgrade surprisingly or not so surprisingly is coming on the same day as Ethereum’s Constantinople hard fork which has been already been delayed. So, February 28th is going to be a big day for the decentralized applications blockchain platform that will see Tron and Ethereum having a face-off of sorts yet again.

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AnTy
AnTy
AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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