Tron 1/31 Live Update
Huobi.pro
Huobi.pro a large exchange on the mainland China, soon plans to open an office in San Francisco. The 5th largest Exchange that has adopted Tron. Justin states that Huobi.pro is a "Prestigious Exchange in China". With China still being unregulated this is huge, when China regulates Cryptocurrency we will see a huge volume spike from Huobi.pro! Justin Sun states "We will have 1 billion users by the end of quarter 1". That's about 15% of the world population, this is what we call mass adoption.
Tron Main Net
1. With UTXO-based trading models, history transactions can be transparently tracked through the public ledger. UTXO boots concurrent processing capability and enhances network performance. Create the concept of transaction account that is in consistent with real-world application through abstraction based on UTXO technology.
2. Achieve over 1 thousand transactions per second with PoS-based TBFT consensus mechanism which adjusts the account takers of a transaction according to the speed and delay of the block.
3. Support ultra-low fee transfer (10e-6 TRX per transfer).
4. Provide a secure execution environment for smart contract byte-code with TRON virtual machine (TVM). TVM has following advantages: lightweight, fast loading, resource isolation, high scalability etc.
5. Support smart contracts written in programming languages such as Java. Compile them into TVM byte-code with TRON compiler for high execution performance.
6. Provide common ABCI (Application BlockChain Interface) with consensus engine and Blockchain state machine loosely-coupled architecture.
7. Provide distributed network management and monitoring utilities. Visualize TRON operations and performance to easily track the status and potential risks.
Weekly development
Redesigned the wallet function, and defined the wallet RPC interface; readied to code the client of the wallet, developed and tested to create the wallet and the import wallet function;
Basically completed the design of the virtual machine based on the research of the framework of the virtual machine; defined the basic data types and the majority of the opcode; implemented the operation of the stack, and started to test the basic functions and the interaction logic with the smart contract;
Optimized project structure; initially adopted full nodes, RPC services and consensus services; improved basic network service the configuration of seed nodes and Gossip nodes from files and architecturally layered the message;
Divided sub-modules within the consensus module; defined the interfaces with other modules, and started to write the consensus framework code;
Uploaded Dockerfile and deployment method to GitHub;
Tackled GitHub issues and archived it; initially established TRON Homestead (http://wiki.tron.network) with the efforts of developers;
Tron Partners
Tron has recently partnered with GSC.Social. GSC (Global Social Chain) is the world's first new generation of social networking chain that owns hundreds of millions of social users. This social chain is determined to use block chain technology to subvert centralized social networks such as Facebook, WeChat, etc., which plays a dual role as "manager" and "arbiter" simultaneously for the former social networking platforms.
Justin Sun - https://twitter.com/justinsuntron
Tron Foundation - https://twitter.com/Tronfoundation
Tron News - https://twitter.com/TronNews_
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