Blockchain

Tron Network Approves Proposal to Adjust Total Energy to 180 Billion

Tron Network energy adjustment proposal approved

Tron Network's Recent Proposal Approval: A Major Step Forward

On October 3, 2023, at 20:00 UTC+8, the Tron Network reached a significant milestone by officially passing Proposal No. 97. This proposal marks a pivotal moment in the evolution of the Tron ecosystem, as it aims to adjust the total energy cap to an impressive 180 billion units.

The Importance of Energy in the Tron Network

Energy serves as an essential resource within the Tron Network, being integral for various functions such as executing smart contracts and facilitating transactions. The need for energy is growing as the network expands, with the average daily energy consumption over the past 30 days recorded at 141.9 billion units, according to data from TRONSCAN.

Understanding Energy Acquisition Through Staking

Users within the Tron ecosystem can effectively manage their energy needs by staking TRX, the native cryptocurrency of the Tron Network. Staking not only provides users with the necessary energy for their transactions but also grants them the ability to participate actively in the network's governance.

The Future of Tron Network Given This Adjustment

The approval of Proposal No. 97 is expected to enhance the overall functionality and sustainability of the Tron Network. By increasing the total energy, Tron can accommodate more users and transactions, ultimately fostering a more vibrant ecosystem.

Conclusion

The recent changes within the Tron Network, particularly the passing of Proposal No. 97, signal the project's commitment to optimizing its operations and meeting the demands of its growing user base. As Tron continues to evolve, it will be fascinating to observe the impact of these adjustments on the overall efficiency and performance of the network.

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