<ul><li>Binance founder Changpeng Zhao suggests reducing gas fees on Binance Smart Chain (BSC) by up to 10x to rival Solana and Ethereum's cost efficiency.</li><li>Rising network activity on BSC has prompted discussions about reducing fees to attract more users and developers.</li><li>Challenges such as spam transactions and maintaining incentives for validators and builders are being considered in CZ's proposal.</li><li>Reducing BSC gas fees could increase transaction volume, appeal to more projects, and position BSC as an affordable major blockchain network.</li></ul>

Former Chair CZ Introduces up to 10x BSC Fee Cut Strategy

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