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Tron Virtual Machine has been activated on the mainnet - Tron News

12 october 2018, 23:30 by Jesús S. Affigne

Tron Virtual Machine has been activated on the mainnet

The community can now develop and run smart contracts and dapps

Recently, a Super Representative (SR) of Tron (TRX) proposed the activation of Tron Virtual Machine – a virtual environment to write, test and deploy smart contracts and decentralized applications (dapps) – on Tron Mainnet. For its approval, the proposal only needed 19 votes out of 27, corresponding to the 27 SR that govern this network, having only three days available for reaching consensus on this matter. On the second day, it already had 22 votes in favor.

The voting closed at 12:00 p.m. GMT and immediately after that, the TVM went live. The #TVM is now active on the #Tron network. “The proposal has gone from pending to approved. Let the era of the #Tron dapps begin,” was the tweet posted today by Crypto Guy In South Africa, one of Tron’s 27 SR and the proposer of its activation.

A small stumble in the way

Following its roll out, however, the network suffered an issue with a solidity block hash, causing that transactions weren’t picked up by the network, and apparently, wiping out the balance of TRX holders in their respective wallets.

“Went to check my TRX on my TRX Wallet and saw 0.0000 balance. After a slight (but controlled) panic I realized the wallet must not be connected to the network. So, to settings, to reset the node list. But, no node list. and when I input new nodes there is no response and my balance still shows 0.0000” said an user on Reddit. 

Shortly after, the issue was fixed with the release of version 3.1.2 of Tron Network, and this was confirmed by Crypto Guy In South Africa. “Everything is up and running again” he tweeted.

As it has been stated in previous opportunities, in the last weeks, Tron has had a noteworthy development in its ecosystem, with a list of good news for its community that has also contributed to put the TRX in the headlines over the past days. 

Despite this, the cryptocurrency market has not reacted as expected. After the spike registered on Oct. 7 as a result of the Odissey 3.1 roll-out, the TRX has not been able to sustain its momentum and instead, has been slowly descending in its price and market cap. As of right now – and very likely due to the current total market trend – the TRX quotes at $0,022, while its market cap is reportedly of $ 1.45 billion

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