Tron (available on Binance)’s CEO Justin Sun announced that his platform will be adding a group of upgrades this week. A Tron (available on Binance) hard fork will take place on February 28th and will add four new features.
#Tron (available on Binance) will launch 3.5 hard fork upgrade on 2/28. New Features: 1. multi-sig and acct mng, institution ready 2. Dynamic energy adjustment to real-time network performance 3. 50% up performance & res usage 4. Better VM safety, events server for Dapps. Go! #TRX $TRX
— Justin Sun (@justinsunTron (available on Binance)) February 24, 2019
Tron (available on Binance) Hard Fork: Odyssey 3.5
Tron (available on Binance) hopes the new set of upgrades will up its appeal to institutional users—a growing trend in the cryptocurrency space. Odyssey 3.5 will include new features such as account management and multi-signatures that will boost the security of blockchain transactions on the platform. The second upgrade will focus on the dynamic energy management system, which seeks to improve Tron (available on Binance)’s blockchain efficiency.
Many of the Proof-of-Work (PoW) systems like Bitcoin (available on Coinbase) consume a lot of energy and Tron (available on Binance) seeks to streamline its network performance to avoid this. This upgrade also seeks to manage the network’s energy more efficiently.