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You are here: Home / News / Tron News / Tron elucidates on new updates as Samsung partnership takes center stage
Tron

Tron elucidates on new updates as Samsung partnership takes center stage

October 22, 2019 by Ketaki Dixit

Tron and its subsidiaries have been known to take the development and updates game seriously, and the organization’s progress was listed out in the latest Tron Weekly Report.  The report addresses technical developments and core data that was important to the growth of the blockchain.

According to the company, the previous week saw the release of the Odyssey v3.6.5, and the mechanism branch had also released wallet-cli 3.6.5. Tron has also claimed that they are also working on the blockchain architecture with the aim of a one-click blockchain deployment while at the same time optimizing its module functions.

Tron’s parameters also had an eventful week with the block height exceeding 13.67 million and the total number of nods holding at 1037. The official release from the company said:

“The total number of Tron real time accounts reached 3.829 million and 60,429 new addresses were added this week. The total number of transactions reached 740 million. Number of new transactions this week:14.32 million.”

The weekly report also touched on how Justin Sun, the CEO of Tron, met with the leader of Bermuda to discuss working with government bigwigs around the world to promote compliance with the blockchain industry. One of the critical Tron developments over the last week was its partnership with the information security center of State Key Laboratory of Networking and Switching, BUPT.

Under the agreement, both parties will cooperate closely in the areas of smart contracts based on zero-knowledge proof, homomorphic encryption, and others.

The release from the company also focused on Tron’s latest roadmap with the South Korean technology giant, Samsung. Speaking about the partnership, Tron said:

“Founder of Tron Justin Sun was invited to give a speech at Samsung’s developers’ convention: SDC19. Justin will explore the latest blockchain technology and the future trends of the industry together with other participants of the convention.”

Disclaimer: The presented information is subjected to market conditions and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Filed Under: Tron News Tagged With: TRON (TRX)

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