Activation of Tron Virtual Machine (TVM) scheduled for October 8 with TRX news announcements

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Activation of Tron Virtual Machine (TVM) scheduled for October 8 with TRX news announcements

The Tron Foundation announced on September 27 that it would provide further information on the expected Atlas of the project and its integration with BitTorrent in the coming days. The platform continues to grow and expand adding new improvements and updates.

In addition, the Tron team announced that it will use a custom token on the BitTorrent platform. This token would be used to incentivize users to better use the platform.

Another important thing to keep in mind is that Tron has better performance than EOS and Ethereum in many different ways. A few days ago, Justin Sun wrote a tweet in which he commented how Tron is eclipsing other blockchain networks.

He claimed that Tron has 20% more accounts than EOS and 13 times more accounts than Ethereum. Furthermore, he claimed that Tron had a transaction volume peak 49 times higher than Ethereum. Finally, he explained that the average volume of transactions is 29 times higher than in Ethereum.

At the same time, in September, the Tron Foundation informed that it had completed the fifth burn of coins by destroying 4.9 billion old ERC-20 tokens. In addition, the team announced that they will activate the Tron Virtual Machine on the Mainnet on October 8th.

The official declaration reads as follows:

"It is expected that the TVM will be officially activated after the October 8 vote and since then, the 3 main features: the committee, the TVM and decentralized exchanges will be activated."

Tron is working to improve his platform and the services he offers. In the future, there will be new updates that will improve the performance of the platform.

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