On August 30, TRON Virtual Machine (TVM) celebrated its sixth anniversary since its official launch. TVM has not only provided developers with an efficient, stable, and secure development environment over the past six years, but has also become a powerful engine driving the rapid development of the TRON ecosystem.
Since its official launch on August 30, 2018, TVM has quickly become one of the preferred tools for developers around the world with its lightweight architecture and Turing-complete design.
Since then, TVM has undergone several important upgrades, greatly enhancing the flexibility and functionality of development. These upgrades have helped Ethereum developers to smoothly migrate to the TRON network and fully utilize its advantages for development. At the same time, TVMs energy mechanism (Energy) plays an important role as a consumption model for smart contracts, which not only ensures low-cost operation, but also effectively solves the network congestion problem that is common in other public chains, making TRON particularly outstanding in performance and stability.
As the core driving force of the TRON network, TVM continues to ensure the efficient operation of the system. At present, TRON has processed more than 8.3 billion transactions, has more than 250 million accounts, and the total transaction volume exceeds 13 trillion US dollars. The circulation of the TRON version of USDT has also exceeded 61.8 billion, becoming the most popular stablecoin in the world.
TVM not only provides key support for the TRON ecosystem, but also attracts a large number of developers with its compatibility with the Ethereum Virtual Machine (EVM). Developers can smoothly use mainstream programming languages such as Solidity and take full advantage of the high efficiency and low cost of the TRON network. At the same time, TVMs one-stop interactive interface further simplifies the development process and significantly enhances the attractiveness of the TRON ecosystem.
In addition to improving the development experience, TVM also ensures the stability and consistency of the network by providing a secure and isolated operating environment for smart contracts. Developers can conduct tests without occupying main chain resources, thereby ensuring the security of user assets and data, further consolidating the technical foundation of the TRON ecosystem.
The scalability and flexibility of the TRON network also contribute to the sustainable development of the ecosystem. Since the beginning of this year, multiple cross-chain protocols such as MAP Protocol and Router Nitro have integrated TRON, further improving the interoperability of the TRON network and promoting interconnection with other mainstream public chains. As of now, the number of TRON network contracts has exceeded 5.08 million, and the total number of tokens has exceeded 146,000. In addition, TRON has a good layout in DeFi, NFT, stablecoins, metaverse, GameFi, cross-chain, DID, AI, RWA and other fields, and many successful DApps have emerged, such as the recently popular SunPump.
As Justin Sun, the founder of TRON, said, TRON has been running non-stop for the past 7 years without any microsecond failures. In the future, as TRON is widely adopted around the world, TVM will continue to play a key role in providing safe and stable services to global users. TRON will also continue to uphold the concept of BUILD, continuously expand the boundaries of technology, deepen cooperation with mainstream companies such as Google, Huawei, and Amazon, and allow global users to enjoy the convenience brought by blockchain technology.
