- TRON released its Aristotle update that came with multiple new features.Â
- TRXâs performance on the price and metrics fronts looked optimistic.
TRON [TRX] recently released its latest Java-tron GreatVoyage-4.7.0 (Aristotle), which increased the networkâs capabilities. It was a mandatory update that contained a few important features.Â
đ˘Java-tron GreatVoyage-4.7.0 (Aristotle) has been released!
đ§It is a mandatory update, containing a few important features:
â Add dynamic energy model and “Stake 2.0” stake mechanism;
â Use “libp2p” library as Java-tron P2P network module;
â Add secondary cache for database;â TRON DAO (@trondao) January 17, 2023
Read TRONâs [TRX] Price Prediction 2023-24
The update came with a new stake mechanism, Stake 2.0, which improved the flexibility of the resource model and the stability of the stake system. Compared with the current Stake 1.0 model, Stake 2.0 has been improved in several aspects, such as resource fragmentation management, unstaked TRX, and more.
It also introduced a dynamic energy model that helped promote an ecologically balanced development. Moreover, GreatVoyage-v4.7.0 (Aristotle) added a transaction hash cache, which would be directly obtained from the cache when used.
This is how TRX respondedÂ
TRX registered promising gains on its chart, as its price surged by 15% in the last seven days. Moreover, its daily chart was also green. CoinMarketCapâs data revealed that at the time of writing, TRX was trading at $0.06231 with a market capitalization of over $5.7 billion.
TRON was also pretty active in terms of burning tokens, which aligned with its deflationary characteristic. As of 16 January 2023, 13,397,590 TRX had been burnt, with a net production ratio of -8,332,487.
Interestingly, TRON was also on the list of the most visited coins in the last seven days at the time of the tweet, which further proved the tokenâs popularity in the crypto space.Â
Is your portfolio green? Check the TRON Profit Calculator
TRXâs performance on the metrics front
TRONâs popularity was also proven on the metrics front, as its social dominance remained relatively high over the last week. Not only that, but TRXâs development activity also went up during the last few days. However, this could be attributed to the new update.
TRXâs NFT ecosystem also witnessed a growth in the last few days as the total number of NFT trade counts increased. LunarCrushâs data pointed out that while TRXâs price increased, its market dominance went up by 9% in the same period.
Author: Suzuki Shillsalot ::: Source link