Tron (TRX) continues to reveal its potency in the blockchain space, especially with the series of overwhelming added features that came through with the 3.5 Version Hard Fork Upgrade.
Founder Justin Sun, in an update today, disclosed that the 10th episode of all about the Tron 3.5 hard fork upgrade has been released by the Tron foundation in Japan.
“Hey TRONICS, the 10th episode of All about TRON, 3.5 version hard fork upgrade made by TRON_JPN is out, click here to know more”, sun stated.
10th Episode of the 3.5 version hard fork upgrade contains all information regarding the improvements witnessed by the blockchain technology following the public chain upgrade.
6 new features were highlighted in the preceding episode of the 3.5 Version Hard Fork Upgrade. This includes:
1. Account access system and multi-signature: this is designed to permits users in setting access and corresponding account management with different signature for various accounts and multi party signature for single transaction.
2. Energy ceiling dynamic adjustment: a real-time modification of energy upper limit based on the current status of the network.
3. Improved performance with additional optimization of duplicate removal-logic for transactions: this help to heighten the overall performance by 5% as well as upping the competence of block broadcasting, and 50% reduction of resources usage.
4. Better Enhanced Security: this aids improved safety of partial instruction of the TVM.
5. DApp developers are handed better experience with superior performance and flexible event servers.
6. A better main and backup feature that increases the stability of the entire network
However, this episode reveals a more comprehensive information about the importance of the hard fork upgrade, and how it will fruit a healthier platform for investors and crypto enthusiast.
From technical perspective, a proper analysis of the changes brought by the 3.5 hardfork upgrade includes:
Account Access System And Multi-Signature
Users can not set account access and corresponding way of managing account, permitting different signature for different transactions and multiparty signature for single account.
Multi-signature is quite an important feature especially in the area of fund custody. While authorization of system is derived from this, Tron (TRX) supports over 20 transactions with multi concrete application scenarios.
In places where there is multi custody of the company’s fund with series of cofounders running the same fund or a place where the owner of a single custody fund permits developer the right to his/her account, the developer only get to use the energy bandwidth of the account, with no access to transferring the TRX fund in the account.
It is believed that the launch of the multi-signature permission system will enhance Tron ecosystem development.
Energy Ceiling Dynamic Adjustment
This brings real-time adjustment of energy upper limit. It works based on the existing status of the network. Energy ceiling is regarded as the total supply of energy on the blockchain network. However, the total supply of energy on Tron Network is at the moment fixed.
Normally, if a developer obtains energy without using it, the energy available to other developers will be affected. But dynamic adjustment makes it possible to developers to obtain more energy with a code if the energy usage on the network is not saturated.
Additional Optimization Of Duplication-Removal Logic For Transaction And Enhanced Performance
Here, the overall performance of the network is upped by 5%. Also, optimization of duplicate filter of Tron network is introduced.
Better Performing and More Flexible Event Server
DApp developers are handed more convenience with this development. Usually, events server is typically through logs, implying that developers have to query all logs which is very inefficient.
However, the 3.5 hard fork upgrade brings us with the implementation of event subscription mechanism in nodes which permit developers to subscribe to events that interest them on the node. Also, the plug-in mechanism is introduced for developers, allowing transfer of events of interest to places like Mongodb, Karfa, file system and other storage system as define by the user.
Optimized Main And Backup Features
Quite important for public chain projects, Tron super node supports main backup mechanism. The backup are designed to takeover in generating blocks when the main node encounter problem.
Previously, switching between main and back up node takes about 10 minutes and this sometimes result into missing of records, but the 3.5 hard fork brings a exceptional 2 seconds switching duration. As such, the entire Tron network is sure of remaining functional when nodes are having issues.
Tron (TRX) – Ethereum (ETH) Competition Thickens
The head to head competition between Tron and Ethereum thickens especially with the launch of their pubic chain upgrade on the same day.
Justin sun opines that the upgrade is not just a performance technological improvement, but a great enhancement for performance which supports the growth of DApp as well as the institutional application of cryptocurrency.