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You can either configure the TSLint extension using a tsconfig or jsconfig as described here, or configure it with VS Code settings. This requires VS Code 1.30+ and TS 3.2+. Note the VS Code based configuration overrides the tsconfig or jsconfig configuration.
The implementation as a TypeScript server plugin enables sharing the program representation with TypeScript. This is more efficient than the current vscode-tslint implementation. The current TSLint implementation needs to reanalyze a document that has already been analyzed by the TypeScript language server.