Tron Weekly Report: DApp progress on show as Justin Sun reveals future plans

  • 01 July 2019, Monday, 18:30

Tron’s updates and developments have been treated with great positive fervor by the community and that has been evident in the user engagement between ‘Tronics.’ Justin Sun, CEO of the Tron Foundation, has ensured that the community knows about everything going on within the cryptocurrency organization, something evidenced by the latest Tron Weekly report.

Sun tweeted,

“#TRON Weekly Report

Increased anonymous transaction unit test; improved API documentation.

#TRON MainNet officially released Odyssey-V3.6.

TRON announced no less than $20M #TRX buy-back plan. #TRX $TRX”

With respect to technical developments, the organization stated that they had optimized database storage within the blockchain with the addition of an increased anonymous transaction unit. Tron had previously promised users that the application sector on the TRX blockchain will be improved, followed by an update in API documentation. The Justin Sun-led cryptocurrency further revealed plans for the next week, stating,

“Architecture: Develop fast forwarding node witness statistics and mechanism on how to research to convert constraints into circuits. The smart contract area will also receive a boost with an improvement on Tron Virtual Machine documentation and multi-oracles code.”

The Tron Foundation also spoke about its achievements over the week, mainly focusing on Tron’s block height crossing 10.47 million, while the total number of nodes was clocked at 1,328. Tron’s main area of focus has always been that of Decentralized Applications [DApps] and that prowess was on display when the Foundation stated that DApp week-on-week growth was at 2.1 percent, while the Daily Average Users of DApps on the Tron blockchain was 414,000.

The past week also saw Tron celebrate its second year of independence as it continued to BUIDL a decentralized web. The day was marked with the Tron Foundation claiming that it had surpassed Ethereum in terms of users and transactions multiple times over the past year.