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Tron Reaches An Agreement With Binance To Reduce Transaction Fees On The Tron Network

Twitter icon  •  Published hace 1 año  •  Hassan Maishera

Justin Sun, the CEO of Tron, announced via Twitter on Sunday that the Tron network has reached an agreement with Binance to reduce transaction fees on its blockchain.

Justin Sun, the CEO of Tron, announced via Twitter on Sunday that the Tron network has reached an agreement with Binance to reduce transaction fees on its blockchain. The goal of this collaboration is to drive mass adoption of cryptocurrency and increase accessibility for everyone, Sun added. 

TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions. TRX is up by more than 2% so far today and is trading at $0.06439 at press time.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.