NEW YORK, US - Media OutReach - 3 July 2023 - On 1^st July, TRON, a leading blockchain platform, has announced the release of Great Voyage—v4.7.2 (Periander), an upgraded version of its MainNet. This update brings forth a host of new governance proposals and critical updates. With the launch of its latest version, TRON's MainNet showcases enhanced usability, compatibility, scalability, and network performance, bolstering overall system functionality and promoting wider adoption and engagement within the TRON ecosystem. TRON founder and member of the Huobi Global Advisory Board, Justin Sun, emphasized the organization's unwavering commitment to fostering the growth of the TRON ecosystem. TRON aims to attract more developers, capital, and users, facilitating collaborative efforts to incubate more quality projects and maximizing public value in the process. Complementing these initiatives, TRON remains dedicated to strengthening its infrastructure and expanding its DeFi ecosystem. By upholding its mission to empower financial freedom for the global population of 8 billion individuals, TRON is poised to revolutionize the cryptocurrency landscape. Four Critical Upgrades In this latest upgrade, TRON MainNet introduces significant improvements in four areas, including an advanced Stake 2.0 mechanism, seamless compatibility with EIP-3855, streamlined smart contract interface calling, and a revamped P2P network module. TRON MainNet Periander introduces two important governance proposals for TRON Stake 2.0, both aimed at providing users with a more flexible staking experience. The first proposal allows users to withdraw their unstaking requests that are still in progress, giving them greater control over their staked resources. Additionally, the second proposal empowers users to customize the lockup period for delegated resources according to their individual needs, which makes staking on TRON hassle-free and highly flexible. With the Periander upgrade, TRON strives to foster inclusivity in its network by achieving compatibility with Ethereum's EIP-3855. This new governance proposal ensures the compatibility between TRON's and Ethereum's virtual machines while reducing the associated costs to deploy and use smart contracts on the TRON network. Hopefully, it will attract more developers to TRON and promote enhanced interoperability between TRON and Ethereum ecosystems. The overseer of this upgrade at TRON emphasizes how improved compatibility between the two public chains will facilitate easier asset circulation, greater integration of technologies, and reduced migration costs for projects across both chains. Ultimately, these benefits will extend to a wider community of developers and users. As part of this upgrade, TRON has optimized triggersmartcontract and triggerconstantcontract, two interfaces for calling smart contracts, to provide developers with estimated transaction fees for deploying their contracts, thereby simplifying the deployment and development of smart contracts. This efficiency-boosting refinement paves the way for the creation of more high-quality DApps and stimulates the growth of a thriving TRON ecosystem. The TRON MainNet Periander has undergone a comprehensive transformation of its P2P network module, introducing four key functionalities. Firstly, the upgraded network now incorporates a pre-detection mechanism for nodes pending connection to filter out invalid connection requests, which significantly enhances connection efficiency. Secondly, the implementation of the DNS protocol greatly improves the platform's availability by enabling the discovery of active nodes that are ready to connect to the TRON network. Furthermore, the network now supports the IPv6 protocol, a crucial development that enhances the scalability of Java-tron's network architecture in the future. Lastly, the introduction of message compression before transmission reduces the bandwidth requirements for Java-tron, leading to lower operational and maintenance costs. These four new features work in harmony to enhance the stability, reliability, and transmission efficiency of the TRON network. By providing a robust infrastructure, this upgrade empowers developers and users to explore new possibilities and drive innovation within the TRON ecosystem. Key Step Forward in Growing the Ecosystem The upgrade of TRON MainNet represents a pivotal move in Sun's unwavering dedication to investing in the ecosystem. June 25 marks the fifth anniversary of TRON Independence Day, when TRON launched its MainNet. Now serving over 169 million users worldwide, TRON has processed more than 6 billion transactions and outshines the pack with a TVL (Total Value Locked) higher than $12.5 billion, second only to Ethereum. By harnessing its strengths, TRON has cultivated a comprehensive ecosystem encompassing in-demand crypto sectors like NFTs, DeFi, GameFi, stablecoins, the metaverse, cross-chain solutions, and DIDs. Most notably, it...