Higher fees and transaction failures. What the TRON network’s upgrade turned out to be
Users report problems when transferring funds on the blockchain
05.12.2022 - 14:15
812
2 min
0
What’s new? On December 4, the TRON DAO reported official approval of proposal #79 to upgrade the network proposed by members. The main points of the upgrade included increasing the cost per unit of energy from 280 to 420 sun, as well as increasing the cap on fees (the “feelimit” parameter) from 10 000 to 15 000 TRX.
📢The No. 79 committee proposal of the #TRON network was officially approved at 2022-12-4 14:00:00 Singapore time. 🧐The main content of the committee proposal is to modify the No. 11 and No. 47 network parameters, increase the unit price of energy from 280sun to 420sun, … — TRON DAO (@trondao) December 4, 2022
How did the upgrade affect the network? The main goal of the changes was to increase the effectiveness of restraining the growth of the number of low-value smart contract transactions and the harm they can cause. In addition, the update should significantly increase the stacking rate and TRX burn volume. The token deflation rate should rise to 3.17% and the annual burn rate to 5 billion.
After the upgrade was implemented, users began to report problems when transferring funds on the TRON network and using wallets with automatic determination of fees. Software developers are working on updates at an accelerated pace to address the issues. The TRX token has not yet had any reaction to the incidents. As of December 5, the asset is trading at $0,05366, the price of TRX up by 0,96% per day, according to Binance.
Earlier, TRON blockchain founder Justin Sun responded to a tweet from El Salvador’s President Nayib Bukele, who said that the country would start investing in bitcoin daily. The businessman supported the state’s initiative, saying that from November 18 he would also start buying 1 BTC every day.
On November 12, Sun publicly acknowledged buying the Huobi crypto exchange for the first time. Previously, he denied that he was the ultimate beneficiary of the purchase of a controlling stake in the exchange, claiming that he was only a member of its global advisory board.
Useful material?
Telegram 
Twitter Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Incidents
According to Blockaid, the attack may have been carried out by the same hacker behind the 1inch Fusion V1 exploit.
May 7, 2026
Incidents
The attacker gained administrative access and altered contracts to drain user funds
Apr 30, 2026
Cryptocurrency rates
-
Bitcoin
$65 430
BTC
-2.83%
-
Ethereum
$1 844.45
ETH
-2.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.21
XRP
-0.44%
-
Dogecoin
$0.092805
DOGE
-1.15%
-
TRON
$0.160134
TRX
-1.59%
-
Zcash
$629.05
ZEC
+3.48%
-
Cardano
$0.205629
ADA
-4.64%
-
Stellar XLM
$0.213743
XLM
-2.78%
-
Polkadot
$3.32
DOT
+5.27%