What is firmware?

Excuse me for being stupid, but i dont really know alot about computers. What is firmware, and does updating to a newer version make my burner run better or faster??? I have 1.07 for my Pioneer DVR106D. Thanks

Firmware is the code inside of your drive which coordinates the drive’s activities.

There is no firmware newer than 1.07 for the Pioneer DVR-106D, so you don’t have to worry quite yet.