Cryptocurrency project TRON (TRX) is about to receive a major upgrade to its blockchain, which will deliver its virtual machine. TRON VM will arrive with an Istanbul update, as was recently voted by the project’s community.
TRON community approves Proposal 41
TRON community recently voted on the Tron Improvement Proposal 41. The vote took place yesterday, November 16th, and the voters approved of the proposal. This is actually TRON’s 44th voting request, and its approval will result in the activation of Istanbul rules, delivering TRON VM.
TRON CEO, Justin Sun, announced the results of the vote in his recent tweet, noting that the approval arrived at 20:00 SGT.
(1/3) With the joint efforts of the community, The NO.44 voting request(#41 Proposal) of #TRON network was approved at 20:00 16th Nov. 2020(SGT).
— Justin Sun🌞 (@justinsuntron) November 16, 2020
The decision to enable the new update is important for TRON, as it will make TVM fully compatible with the latest EVM, as Sun also noted. As a result, dApp developers will find migration between ecosystems much easier.
(2/3) The #TVM Istanbul update was successfully enabled. After this proposal comes into effect, #TVM will be fully compatible with latest #EVM, which will be more convenient for #DApp developers to migrate to the TRON ecosystem.
— Justin Sun🌞 (@justinsuntron) November 16, 2020
Lastly, Sun also listed some of the benefits of the TRON network which will help developers create more popular dApps on it, including low cost, high execution efficiency, and high through output of the network.
Essentially, Sun himself believes that the proposal will help TRON’s ecosystem
