BlockBeats news, on August 29, TRON founder Justin Sun stated that the proposal from the TRON Super Representative Community on August 26 will reduce the Tron network fees by 60%. This is the largest fee reduction since the establishment of the Tron network, and the proposal has already been approved, set to take effect on Friday, August 29, at 20:00 (UTC+8).
Regarding this proposal, Justin Sun holds the following views:
Reducing fees is a tangible benefit for users; a 60% fee reduction is something that generally networks cannot achieve.
It will impact the short-term profitability of the TRON network, but the long-term profitability will be enhanced, as more users and transactions will occur on the Tron network.
The TRON Super Representative Community will conduct quarterly dynamic observations of network rates in the future, measuring the network's pricing based on multiple indicators such as TRX price fluctuations, network usage conditions, and future growth rates, to ensure a balance between the profitability and competitiveness of the TRON network.
