Login to use our FREE Technical Analysis Software!Login »
TRON Switches On TVM Storage Fix and Adds Backpack Wallet Support

TRON Switches On TVM Storage Fix and Adds Backpack Wallet Support

TRON's Proposal 108 enables a TVM storage-key optimization, and TRON DAO says Backpack Wallet now supports TRON assets including TRC-20 USDT.

TRON has enabled a smart-contract storage optimization through Committee Proposal 108, and TRON DAO has announced a wallet integration with Backpack. The two items are separate.

Proposal 108 activates network parameter 102, named ALLOW_OPTIMIZE_TVM_STORAGE_KEY. The discussion thread in the tronprotocol/tips repository, opened on October 30, describes it as improving how the TRON Virtual Machine handles storage for better stability and reliability, with an estimated effective date of November 2. That page showed no vote result, so activation itself rests on a Coinranking report that the parameter went live on mainnet on November 2 after 25 approvals. A separate explainer said Super Representatives needed node version 4.8.2.4 beforehand. Reports say the change leaves TRX supply, staking rewards and fees unchanged.

On November 9, TRON DAO said in a GlobeNewswire release that TRON now integrates with Backpack Wallet. Users can send, receive and hold TRON assets, including TRC-20 USDT, through Backpack’s mobile app and browser extension with self-custody, bridge assets to other supported chains and use dApps such as Sun.io. The release follows Backpack Exchange’s listing of TRX for spot and perpetual trading.

A claim of more than $120 million in cumulative TRX burns circulating alongside this news could not be confirmed in any page opened for this article, so it is not reported here.

Track the market yourself with AiTraderView’s FREE tools: Crypto Cockpit for charts and 75+ indicators, Crypto Screener to find setups, and Crypto Portfolio to follow your holdings. Just create a FREE account and try them yourself!

Sources:

⚠️ RISK WARNING & AI DISCLOSURE

  • This information is generated by Artificial Intelligence (AI) and complex algorithms. While advanced, these systems can contain errors or inaccuracies and are for educational purposes only.
  • Technical analysis provides no guarantees; this information is purely informative.
  • All discussed scenarios are hypothetical and do not constitute predictions or expectations.
  • Past performance is not an indicator of future results.
  • This is not financial advice and is not intended as a call-to-action for the reader.
  • No implicit direction is claimed, and no specific behavior of market participants is suggested.
Login to use our FREE Technical Analysis Software!Login »