For the upcoming TRON migration, the company will be launching the TRON VM v.0.1 on the 25th of May. According to a post by Justin Sun, the TRON VM [Virtual Machine] will use an adapter that will enable compatibility with the ETH VM. TronVm is a necessary step and shall provide favorable conditions for the migration.
Justin Sun recently posted on medium saying:
“May is an exciting month for TRON. TronVM v.0.1 will be launched on May 25th. This version of TronVM uses a VM adapter that will enable a secure compatibility with the Ethereum VM. The developers at Ethereum will be able to use an adapter to migrate seamlessly from Ethereum dApp projects to TRON.”
The market for TRON [TRX] and all other cryptocurrencies have been bearish for the past four days. According to experts, the TRX prices have seen a slight increase since the morning of May 13th. At the time of writing, TRX was trading at a price of $0.070 after experiencing a 0.22% drop in the last one hour. In the past 24-hour period the price has increased by 11%. At press time the market capitalization of TRON is $4.6 billion. According to the CoinMarketCap charts, the TRX has crossed the moving average for the day. The chart has started depicting a bullish kick and the increment in the trades.
A Redditor from the TRON community says:
“But if this project picks up steam and delivers the speeds they foresee and the almost non-existent fees, I see it being the drug of choice for developers and ETH slowly going by the wayside. There are a ton of erc20 tokens that keep ETH alive. If these can migrate to Tron and new dApps use Tron to develop on and not ETH then it might become an obsolete platform. In the future of course, not overnight.”
A Twitterati says:
“Thank you Justin Sun. I have made many mistakes learning to trade but TRX has been one of my best moves thus far. This bag is for my daughters and grandkids to come. I’m with you all the way!”
Crypto Papi a Redditor says:
“I love how Justin is going straight at ETH’s head. This is absolutely a competition phase for crypto despite how everyone says “there’s enough room for all”. Projects that win now will dictate how this tech is adopted on a mainstream level going forward.”
A Redditor says:
“I think the higher the tps the higher the coin is centralized from the research I have done. Should be interesting to see the tech and how it works to achieve those 10000 tps and remain decentralized.”
The post TRON prepares for migration – An Increment in price by 11% appeared first on AMBCrypto.