What is Tron Virtual Machine and How to Watch TRX’s TVM Launch Event

TRON Virtual Machine (TVM) Explained

Most of the TRON enthusiasts know that the network will soon have a new version of the Tron Virtual Machine (TVM) on July the 30th. But not everyone in the community knows what the TVM is.

The TVM is an operating system that works by emulating a computer system which has been built by the TRON Foundation. The intention was to make TRON’s ecosystem bigger and better.

That means that developers that use a specific operating system, let’s say Windows, and need to use a UNIX-based operating system to work on a project, then, a Virtual Machine would allow the programmer to operate other software with his computer. This is very important, because developers do not need to spend important sums of money to upgrade their software or buy another OS.

At the same time, VM are used to test and execute large scale dApps. Furthermore, developers are able to create smart contracts running on TVM and use friendly programing languages modeled on other existing languages that the programmer already knows.

Smart contracts became famous after being introduced by Ethereum (ETH). Specifically, they are automated contracts that are self-executing. Each of the codes have specific instructions written. Once these instructions get fulfilled, the contract gets executed.

Which is the Importance of the TVM?

One of the most important features of the TVM is that it is compatible with the Ethereum’s Virtual Machine (EVM). In this way, Ethereum developers are able to adjust their existing codes in an environment that will allow them to move their smart contracts to TRON.

Once the dApps are tested in the TVM, they will be uploaded to TRON’s mainnet and run on top of the TVM of the nodes managed by the Super Representatives in the network. After it, it will be possible for the public to access them.

This is a very important part of the TRON ecosystem, because it is possible to attract developers from the most important network in the market, Ethereum. At the same time, in the future the TVM will also be compatible with other virtual machines, including the EOS one.

If this movement from other blockchains to TRON happens, the network will grow even further and have support from many other experts. Of course, there are several incentives for Ethereum developers to move to TRON’s network. It is possible to process transactions without having to use gas (an internal pricing for running a transaction or smart contract on the Ethereum’s network). TRON provides free operations.

In Ethereum, codes need to be as simple as possible to reduce gas fee, and sometimes, some features are missed, or developers incur in errors that harm the network as a whole.

The TVM is very useful because it allows developers from other networks to operate in the TRON one without having to upgrade their systems. Additionally, it is possible to move applications from one blockchain to the other in a seamless way.

See The Tron Virtual Machine (TVM) Live Test


On July 30th at 10:30am (UTC+8) Tron will be holding a live stream to see the “test version.” Although it has many readers confused since Tron launched the TVM test version on the 25th so maybe this was actually meaning the full version.

The live stream is already setup, although there won't be any content until the day of the event. In Justin Sun's tweet he mentioned a lottery draw for free TRX, so it might be worth watching.

This last week Justin mentioned that they would be announcing a “secret project” on the 31st so it's possible that they will be dropping hints as to what this is or releasing the information early.


Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[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


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

VeChain Joins China Animal Health and Food Safety Alliance (CAFA)

VeChain has joined the China Animal Health and Food Safety Alliance (CAFA) as one of its council members and will be providing them technical...

Coinbase Pro to Pass the Rising Network Fees Onto The Customer During Withdrawals

The launch of UNI, the governance token of Uniswap DEX, is having a big impact on the Ethereum network. The good thing is the price...

Homeland Security Calls On Freelancers to Design A Digital Wallet Interface; $25k to Finalists

The Science and Technology Directorate (S&T) division of the US Department of Homeland Security has allocated up to $25,000 in prizes as an...

BoE Explores Negative Rates; Bitcoin Is A ‘Must' Because Fiat is a ‘Giant Ponzi Scheme'

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0.7% against the dollar after...

Nexus Mutual Sees Active Cover Growing 10x, Now Token Price ‘Directly Linked to Adoption'

“DeFi is developing faster than you can say ‘protect me from the risks in DeFi’,” said Kayleigh Petrie, Director of Engagement at Nexus Mutual,...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today