New TRON (TRX) Super Representatives Proposal to Boost Candidates Rewards
TRON is one of the most exciting and important projects currently in the crypto market. Since June the 25th, the platform is running smoothly and is witnessing an large number of campaign activities in the community. It is important to mention that the TRX community has played an important role giving great feedback and information about the development of the TRON Protocol.
Here's a proposal for the community: Increase rewards for the first 127 #TRONSR candidates from 16TRX/3s to 32TRX/3s. This measure will help the community gain higher quality nodes and optimize the #TRON ecosystem. Let us know what you think! $TRX #TRX https://t.co/0LbaC9WPud
— TRON Foundation (@Tronfoundation) August 13, 2018
One of the most popular proposal was related to increase the value of the block generation rewards for the Super Representatives and candidates. This would enhance the willingness of the community to participate in the election.
The information has been released by the TRON Foundation on August 13, 2018 in a blog post.
The Community Development team has been considering the proposal after a careful review, and decided to adjust rewards of the top 127 SR candidates. With the latest implementation, the rewards will move from 16 TRX every three seconds to 32 TRX every 3 seconds.
The reward will be distributed according to the specific number of votes per node.
Until now, the proposal has not been introduced, but soon it will formally be added and become effective after being approved by more than ⅔ of the Super Representatives in the networks.
Furthermore, the Community Development team will be introducing a mechanism in Odyssey 3.0 in order to adjust the block generation rewards. This needs to be approved by two thirds of the Super Representatives in order to take effect.
What do you guys think of TRON's proposal to increase the Super Representative Candidates rewards? One thing is for sure Justin Sun and TRON network are doing their best to expand, having acquired Blockchain.org and locking up 33.25 TRX coins, and switching from PoS to DPoS blockchain protocol to advertising on uTorrent. We will be sure to keep you up to date on all the latest Tron developments and TRX-based innovations!