On July 30th, 2018, TRON ($TRX) released the test version of its TRON Virtual Machine (TVM). The mainnet upgrade and official launch of TVM are slated to be on August 30th, 2018. TVM is a lightweight, Turing complete virtual machine devised for the development of TRON's ecosystem. It will be fully compatible with Ethereum ($ETH) while providing faster speeds and lower costs.