Tron is one of
the most active blockchain projects in the crypto space. The blockchain
project, as well as its native currency TRX, has amassed a lot of attention
over the past months. Tron provides a platform for developers to create and deploy
decentralized applications (Dapps). Ever
since Tron launched its Mainnet, it has been a treat to Ethereum. Recently, the
founder and CEO of Tron – Justin Sun – said that the network now supports over
fifty decentralized apps. Sun made this
announcement on Twitter on Thursday, and he said the network is aimed at reaching
80 Dapps in the near term.
Tron Blockchain Achieved 100 Million Transactions in
173 Days
Justin Sun
released this statement after the blockchain achieved a major milestone earlier this month. The network achieved 100M transactions over a period of 173 days. This means that an average of 578,034 transactions are
being carried on the blockchain of Tron every day.
Tron Sees More Dapp Usage
Back in August,
Martin Koppelmann said that a crucial statistic to use in measuring the growth
rate of a smart contract protocol is the number of decentralized apps that interact with one another and the usage of decentralized apps. Koppelmann is the founder
of Gnosis.ph – a prediction market platform based on the blockchain of
Ethereum. According to
Koppelmann: “
The usage of Dapps is the
number we care about. The next thing is
to look out for the number of decentralized
apps that interact with each other and benefit from each other for being on the
same platform. As a side effect, the value of Ethereum (ETH) will then be a
function of the demand for the use of apps in this open, reliable, and
interrelated environment.” Tron is a smart
contract protocol just like Ethereum, and the value of Tron comes from the
ecosystem of its decentralized apps and active users.
Tron Dapp Usage Exceeds that of Ethereum
The top three
decentralized apps on the Tron network have 2,300 users on average. TRONbet
records 2,500 active users and a transaction volume of two million on a daily
basis, according to DappRadar. DappRadar is an online platform that provides
data on the usage of decentralized apps on major blockchain networks. In comparison,
the top three decentralized applications on blockchain of Ethereum has 700
users on average. The three biggest decentralized apps on the network are IDEX,
Crypto Heroes, and ForkDelta. However,
EOS accounts for the highest number of decentralized app users on its network. TRON (TRX) Price Today – TRX / USD
EOS is the
world’s second most valuable smart contract protocol after Ethereum. The top
three Dapps on the network have almost 5,000 users on average; this is more
than the Dapp users of Ethereum and Tron combined. The top three Dapps on EOS
are EOS Knights, PRA CandyBox, and EOSBet. The Dapp usage
on the network of Tron has recently exceeded that of Ethereum in terms of daily active users and decentralized apps. Tron and EOS have been focusing more on scalability over the
past couple of months. They are focusing more on scalability in their
development with the aim of supporting as many decentralized
apps as possible in the ecosystem. This
is something Ethereum has been lacking, and that is why a lot of developers on
the network are now moving to either the blockchain of EOS or Tron.
Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.
