In a series of tweets, Tron CEO, Justin Sun announced a new staking plan with TRX incentives for users and partners of Tron. Justin tweeted Tron’s new program regarding TRX staking and rewards today.
Justin wrote that this would be a fair decentralized distribution of staking revenues, encouraging greater user participation and smoother engagement with staking from more wallets, exchanges, and partners. He also announced the plan to bring more active members of the Tron community to build a stronger economic system on the network.
New Staking #TRON Partners $TRX Incentive plan coming:
1. A fair, decentralized distribution of staking revenues, encouraging greater user participation and smoother engagement with staking from more wallets, exchanges and partners.
— Justin Sun (@justinsuntron) September 21, 2019
He added that there would be fewer unnecessary dividend distribution which would result in less bandwidth consumption and great network robustness.
Tron’s incentive system has been criticized by many in the crypto community, Justin looks to amend that too. He wrote that for each block, the most-voted 127 nodes (TRON partners) would receive TRX rewards in proportion to the votes. The total reward for one block would be 160 TRX.
Along with these new developments, BitTorrent yesterday announced that the launch of beta testing version of its BitTorrent live streaming app. Blive works on both Tron and BitTorrent protocols. Currently, BitTorrent has over 100 million users, and Justin Sun wants them to use BLive.
Let us know in comments what do you think about new developments at Tron?