[Tron Updates] dApphouse Going Live, Tronscan Smart Contracts and Bancor DEX Updates

Justin Sun Delivers Tron (TRX) Weekly Report

Just like every week, on 29th October the Tron Foundation released its weekly report to show the progress they have made this week.

Justin Sun Updates Community on Tron Progress Report

Given below are a few highlights of the report:

Technical Development

The foundation confirmed that they have added an optimized index of SolidityNode coupled with an enhanced index switch. Regarding smart contracts, they said that they have improved the TVM execution process to further develop the performance. In the near future, they have set BFT development plans and aim to optimize testing memory database, which has been relatively slow.

dAPP Community

The report announced that Tronscan launched its much-awaited smart contract feature. Last week their report showed the development of dApphouse, which went live this week. The foundation said that they have completed the review and scheduling of Bancor DEX for Tronscan. Now, they can focus on the development of Bancor DEX.

Notably, Bancor is similar to an exchange in that users can buy and sell tokens, but the mechanics that enable these actions are completely different. The main difference is that there is no counterparty, continuous liquidity, no spread, no order book, and attractive UI/UX.

The foundation also noted that they are almost halfway through the development of their Android Wallet.

Market Transactions

BTCBank exchange just confirmed the availability of IDRT/TRX trading pair. They are a trading platform for virtual currency derivatives for Southeast Asian markets that provides pairs with Indonesian Rupiah, Vietnamese Dong and Indian Rupee.

Global Partnerships and Reach

Earlier this week Justin Sun had announced that the Oracle blockchain team had visited the TRON Foundation.

The report also bragged about the Korean article by media agency which published a news article that said that Tron has already overtaken Ethereum. COINCODE the publisher of the article is a blockchain media agency which provides global crypto and blockchain news to its Korean readers

The company joined a giveaway campaign on Bishijie.com.The company has provided 8 items on Tron WeChat store as gifts such as Tshirts, baseball caps, USB Sticks and more.

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