Development work tied to the Mission70 initiative on the Internet Computer network has moved into implementation, with the first code update now submitted to the project’s public repository on GitHub.
The update follows the approval of a governance proposal through the Internet Computer’s Network Nervous System. The motion requests a change to the network’s storage pricing model by raising the parameter known as gib_storage_per_second_fee. The change will increase the fee from 127,000 cycles to 317,500 cycles, which represents a 2.5 times adjustment overall.
According to the proposal, the revision shifts estimated storage costs from roughly four Special Drawing Rights per gigabyte each year to about ten SDR per gigabyte annually. Special Drawing Rights, issued by the International Monetary Fund, are used as a reference unit in the network’s cost calculations.
Rather than applying the increase immediately, developers plan to introduce the change through a phased rollout. The first step raises the fee by 40 percent. Two further adjustments are scheduled afterwards, another 40 percent increase followed by a final rise of 27.5 percent. Together these steps reach the full 2.5 times adjustment approved through governance.
The newly submitted pull request represents the first stage of that process. Once merged and deployed, the network’s storage pricing will move to the initial 40 percent increase while leaving the remaining adjustments for later updates.
Developers behind the proposal argue that the current storage costs on the Internet Computer have remained unusually low compared with other blockchain networks and cloud infrastructure services. For several years the network has offered storage pricing close to four SDR per gigabyte per year, which some contributors say may not reflect long term operational economics as usage expands.
Raising the storage fee is intended to align pricing with the resources required to run the network over time. As more applications store data on chain, the cost structure affects how developers design services and manage storage efficiency.
Gradual implementation appears designed to limit disruption for existing applications already running on the Internet Computer. Developers who maintain decentralised services often rely on predictable operating costs, so sudden pricing changes could affect budgeting and system architecture.
Phasing the increases gives application builders time to adjust storage usage or financial planning before the full price level takes effect. Network participants sometimes view such staged updates as a way to maintain stability while modifying the economic model behind the protocol.
Mission70 itself has been discussed within the Internet Computer community as part of a broader effort to refine network parameters and maintain sustainability as the ecosystem matures. Adjustments to pricing structures, computing cycles and storage costs are common across blockchain networks once early development stages pass and usage patterns become clearer.
Observers following Internet Computer governance say the first implementation step marks the transition from proposal discussion to technical rollout. As with most protocol updates, the practical impact will become clearer once the new fee level is activated and developers respond to the revised cost structure.
Further pull requests and updates are expected as the remaining stages of the storage adjustment move through the network’s governance and deployment process.
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