Hello steemit family,
Great news for trx holders😂😂
An upgraded version of Tron Virtual Machine [TVM] is scheduled to be launched on 30th July. It includes improved accessibility and security in order to support the efficiency in developing smart contracts. Tron officially launched the test version of the Tron Virtual Machine on 25th May 2018 [Beijing Time].
What is Tron Virtual Machine?
A virtual machine is a program that works as a virtual computer which runs on the operating system of the host and presents virtual hardware to the guest operating systems.
Tron Virtual Machine is a lightweight, Turing complete virtual machine. Turing machine is a mathematical model of a hypothetical computing machine which uses a predefined set of rules to determine a result from a set of input variables.
Tron Virtual Machine and Ethereum Virtual Machine, the difference.
This project by Ethereum focuses on restricting Denial-of-service [DOS] attacks, which have become prevalent in the cryptocurrency world. EVM shields the main blockchain by allowing developers to carry out test phases of their programs in a real use-case environment without modifying.
EVM employs the internal unit for keeping the record of execution cost and is called ‘Gas‘, which is the cost unit of Ethereum network, paid solely with Ether.
The Tron Virtual Machine [TVM] applies the theory of Bandwidth. Unlike the gas mechanism on Ethereum’s VM, transactional operations or smart contracts on TVM are free, with no tokens consumed.
Working of TVM is interpreted as mentioned:
TVM is compatible mainly with Solidity.
The virtual machine processes data through opcode, which corresponds to logic processing on a stack-based finite sate machine.
TVM leads blockchain data and requests External Data Interface through the Interoperation layer