Justin Sun-led TRON blockchain has recently deployed an upgraded version of its Mainnet dubbed Great Voyage—v4.7.2 [Periander] to boost overall system functionality and promote wider adoption and engagement within the ecosystem.
Significant advancements were made in four areas with Mainnet Periander, including a sophisticated Stake 2.0 mechanism, seamless EIP-3855 compatibility, simplified calling for smart contract interfaces, and a redesigned P2P network module.
First off, TRON Stake 2.0 offers a hassle-free and more flexible staking experience by allowing withdrawals of unstaking requests while they are still in progress, giving users greater control over staked resources, tailoring the lockup period for delegated resources, and more.
Next, TRON’s new upgrade provides developers with estimated transaction fees for deploying their contracts, thereby paving the way for the creation of top-notch DApps.
The Periander upgrade aims to make the TRON and Ethereum virtual machines compatible while lowering the expenses involved in deploying and using smart contracts on the network.
Hopefully, it will draw more developers and encourage improved collaboration between the two leading ecosystems.
Not long ago, founder Justin Sun announced that the blockchain’s native token TRX is “now fully accessible within the Ethereum ecosystem,” via the BitTorrent bridge.
The P2P network module underwent a thorough transition in the latest upgrade, adding four crucial functions. First up is a brand-new node technique that improves connection efficiency by filtering out erroneous connection requests.
TRON Network Scale New Milestones
Implementing the DNS protocol will secondly enable more recent nodes to connect to the TRON network. The upgrade also included IPv6 capability to improve the network architecture of Java-Tron’s scalability.
Last but not least, the addition of message compression prior to transmission lowers Java-tron’s bandwidth requirements, resulting in cheaper operational and maintenance costs.
This comes after the mainnet celebrated its fifth anniversary on June 1st. With over 170 million users worldwide since its launch in 2018, the leading public chain has so far processed over 6 billion transactions.
It has also outperformed the altcoin troupe with a TVL [Total Value Locked] higher than $12.5 billion, second only to Ethereum.
Additionally, TRX continues to dominate the market, in terms of daily active addresses reaching over 2 million, according to data from the token terminal