Tron

Some Like it Hot : Tron's Adaptive Proposals


       The Tron SR team is certainly one that has had to learn to roll with the punches. Earlier this week,  the team of representatives that unite regarding the specs of Tronics (TRX) came together to pass another proposal. The proposal, (Proposal 51) is the second proposal this year that furthers the ongoing adaptation of Tron towards a more deflationary position. Earlier this year, we saw most altcoins moon with huge percentages gains. Although Tron did continue to gain value, its gains were not proportional to the types of gains achieved by other currencies. Tron enthusiasts were left wondering what changes would need be implemented to ensure bigger rewards for tron holders in the near future. In February a proposal was passed that would increase the energy required to execute smart contracts on the TRON blockchain. This lead to a huge increase in the amount of Tron that began to burn as a result of needed energy. 

  •              The cost of 1 energy went from 0.00004 TRX to 0.00014 TRX. Now, if you dont have enough Tron frozen in your account, your gonna pay the penalty. The complete dynamics of the Tron network was changed. What was once a network dedicated to the ease of gaming, became one brandishing smoke and mirrors. Behind the smoke? Behind the mirrors? Fees. Hidden Fees. Tron was once the cheapest and fastest network. It can still be said that Tron is one of the fastest networks. Thats for sure.
  • I, personally have a little over 2000 TRX frozen in my Tronlink account. This nets me approximately 56,000 energy. I still need to freeze more TRX in order to have enough energy to execute most smart contracts. 
  • Also, today, I noticed that the standard amount of Bandwidth in my account went from 5000 to 1500. This is definitely, a more sustainable Bandwidth. The amount of Tron that is being burned is on the rise and its beginning to have a snowball effect. 
  • Users of the TRX network have plenty of nice surprises on the way as tron sells for over $.10 per unit. 

 

 

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NickytheClone
NickytheClone

I am a traveler & I enjoy analyzing and trading digital currencies. I enjoy beer & all the food from all the lands and seas. I am from Arkansas and strive to see as much of the beautiful country of America as possible in my short spell above ground.


The Clone Chronicles
The Clone Chronicles

Earning, Staking, Farming, Day-trading, Mining....If it involves cryptocurrency, chances are I've dabbled in it. Crypto has been an interest of mine for over 5 years. Nothing makes me happier than sharing the small amount of knowledge I have accrued. Cryptocurrency has made life easier for me, and I wanna share that with you.

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