Justin Sun Supports TRON Proposal to Reduce Block Rewards to Increase Deflationary Pressure, Similar to Bitcoin Halving
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TRON is exploring a proposal to reduce block rewards by 20-50%, potentially creating a more deflationary economic model similar to Bitcoin's halving. Founder Justin Sun argues this will increase token scarcity, provide long-term value, and not significantly harm validators who have multiple income streams.
March 24, 2025 | 3:45 pm
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POSITIVE IMPACT
Proposed block reward reduction could create scarcity and potentially increase TRX token value by reducing inflation rate from -0.81% to between -1.20% and -1.78%.
Block reward reduction could create token scarcity, potentially driving up TRX price by limiting supply and making it more attractive as a long-term investment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
TRON is adopting a block reward reduction strategy similar to Bitcoin's halving, potentially signaling growing maturity in cryptocurrency economic models.
Bitcoin is mentioned as a reference point for TRON's economic strategy, but no direct impact on Bitcoin's price is suggested.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 30