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Justin Sun Proposes Major Fee Cuts for Tron Network

Justin Sun's proposal aims to enhance the Tron ecosystem's efficiency, reducing fees and boosting transaction volume, fostering greater user engagement.

1 min September 9, 2024

Highlights:

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Network fees to be halved from 420 SUN to 210 SUN.

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Daily transactions could soar from 7M to 20M, rivaling Solana.

Justin Sun Proposes Major Fee Cuts for Tron Network

Justin Sun, the founder of the Tron blockchain, has announced a significant proposal aimed at enhancing the efficiency of the Tron ecosystem. Starting next week, discussions will commence regarding plans to halve the network fees from 420 SUN to 210 SUN and increase smart contract processing capabilities by 25%.

 

 

Sun emphasized that these changes are designed to improve the efficiency of TRX staking and reduce operational costs for users within the Tron network. He projects that these adjustments could lead to a remarkable increase in daily transaction volumes, potentially rising from the current 7 million transactions to 20 million, thereby matching the transaction levels seen on the Solana network.

 

 

This initiative comes on the heels of a recent legal victory for Sun, which has reinforced his commitment to advancing the Tron network. With ongoing developments and a focus on user experience, Sun is optimistic about the future of Tron, stating that the proposed fee reduction and increased processing power will foster greater adoption and engagement within the ecosystem.

 

The anticipated changes are expected to significantly impact the Tron community, providing a more cost-effective and efficient platform for users and developers alike. As discussions unfold, the Tron community will be watching closely to see how these proposals shape the future of the network.

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