The internet is one of the most widely used resources in the entire world. It transcends all industries and its growth is without limits. Tron, on the other hand, has positioned itself at the forefront of the future decentralized internet. The platform has within a short period, made an impact not only on the blockchain industry but also in the lives of people around the world. The website states that “TRON is one of the largest blockchain-based operating systems in the world.”
Ethereum project, on the other hand, is the king of decentralized applications and smart contracts. It is a decentralized platform built to support the development of these special programs. It ensures that the applications run precisely eliminating all instances of downtime, censorship, interference from third-parties and fraud. “The apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.”
While Ethereum opened up the blockchain industry to a myriad of applications and digital tokens, there has been the development of other building platforms that are threatening to ‘kill’ Ethereum especially in this area. The Ethereum Virtual Machine (EVM) is the world computer where developers build decentralized applications that execute on Ethereum blockchain.
Tron, on the other side, has achieved several milestones this year. Including but not limited to the mainnet launch, the acquisition of BitTorrent, the successful token migration and the Tron Virtual Machine (TVM) launch. In addition to that, the network announced the release of Project Atlas.
The Tron Virtual Machine was built on the network’s blockchain. It has expanded the ecosystem and its use cases tremendously. The launch marked one of the biggest achievements of Tron. As covered by Crypto Recorder, TVM offers a lot more compared to the other Virtual Machines (TVM) in the industry. Developers on TVM have the ability to write programs (smart contracts) and later run them on the Tron blockchain. In addition to that, building decentralized applications has been made simple with an array of specially designed tools that assists developers.
Tron intends to build the largest decentralized in the world and the Tron Virtual Machine has placed them in the right direction towards this goal. Unlike Ethereum Virtual Machine, TVM is developed to bring seamless compatibility with other VMs in the industry such as EOS VM. EVM has been faulted on many instances, besides experts say that the current applications require a platform that is fast, operates at minimum cost and guarantees high scalability.
TVM utilizes Java as the primary language. Java was chosen because it does not lock out non-blockchain programmers. Likewise, the applications that have already been built outside of the blockchain can be integrated with the technology while utilizing the Tron network.
Interestingly, Tron is launching TRONBOX, a developer tool designed to provide a framework and an environment that supports the deployment and testing of smart contracts. The official website of the newly launched project states that “TRONBOX is a community project base on a decentralized platform with a promising future called TRON Network, which main goal is to build a community that interacts closely base on the TRON platform, aiming to grow stronger and stronger together.”
The future of Tron is not just bright, it is also filled with great developments that will have a great impact in the blockchain industry as well as the real world especially when it comes to the decentralization of the internet. Tron’s vision is to give the power back to the users while decentralizing it from the huge players in the market. And with the kind pace the project is developing this future is not only achievable, it is now!