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1cent.io: A Casual Betting Experience With Lots of Treats for it’s Users!

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1CENT is a decentralized dapp platform, with team members from all around the world. With a wealth of experience in game and platform development, the 1CENT team has been able to revolutionize what dapps can do for the wider community. Our 3 core principles are transparency, fairness, and wealth distribution. We strive to become the industry leader in Dapp development, revolutionizing a new model to benefit all stakeholders. 1CENT is mainly based on the development of TRON’s main net, and will later expand to other blockchains. At the same time, 1CENT will cooperate with other developers to enrich the platform as a whole.

At 1CENT we aim to serve our users in the best way possible. By creating a casual betting experience with awesome game modes and lots of rewards for our users 1cent.io is an amazing platform to bet your TRX on!

Our Game Modes

We currently have 3 game modes on our platform: Fireball, Ghost Leg and Dice. We’ll be adding many more in the future.
Fireball: This is a very old school crash game mode where the user has to predict where the fireball will crash. The higher it goes, the higher your bet multiplier will be!

Ghost Leg: In ghost leg there will be a line coming from either left or right to cross towards the odd/even finish line! It’s up to the user to guess how it will reach the odd/even finish line. 

Dice: Our unique dice animation makes playing dice more enjoyable than ever before! Guess what number the dice will roll and win!

Our Rewards System

We love treating our users very well! We’ve built an amazing rewards system to make your experience on 1cent.io even better! 

Wager Challenge: We have daily TRX races! Earn prizes based on your wagered amount. The more you wager, the more TRX you can win! There’s a daily prize pool based on 30% of the casino profits in the previous day. The prize pool gets split amongst the top 6 users! 

Daily missions: Every day there are a few daily missions for you to complete in order to receive some of our special tokens: CNT. Our tokens CNT can be exchanged on the rewards page for USDT!
Keep an eye on our page to find out more about it.

Clans

At 1cent.io we also allow our users to group up in clans! It’s currently in beta release. We will be updating lots of stuff to the clans in the near future and making it a big clash between the clans to win some awesome prizes.

Is your platform fair?

Yes! Our platform stands for casual and fair betting. All 1cent transactions are executed through our smart contracts on the TRON network. This ensures that all data is fair even allowing users to change the speed they want to use. If the seed is not changed, then a random seed will be generated to ensure the fairness of our game modes.

What plans do you guys have for the future?

To say the least…1CENT users will be in for a treat. In the near future we’ll be supporting more cryptocurrencies on our dapp as well as adding many more game modes & rewards. We’ll also be running a lot of promotions for our users in our Telegram group and our social media pages! 

 

TRON Network Hits Major Landmark with 6 Million Addresses

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According to the announcement by Justin Sun, founder and CEO of Tron, on May 29, Tron ‘s network hit a major landmark with 6 million registered emails. In addition, the increase in the number of addresses coincides with the increase in DApps based on the network, which reached a total of 768 last week.

To date, Tron Network has seen a significant increase in its use in 2020 although its overall market capitalization has been declining. However, according to Justin Sun, his decentralized blockchain platform now has 6 million registered addresses.

 

 

In the past two weeks, Tron Network has seen a steady growth in the number of new addresses according to data from Blockchain explorer, Tronscan. See the chart below.

Tron Network

New Tron Network DApps behind increase in addresses?

Moreover, The Tronscan explore also indicates that there has been a substantial increase in the number of daily TRX transactions on the main chain so far in 2020. According to the chart below, The number of Tron transactions have increased from 13,689 to 813,929 total daily transactions as of May 27 this year.

 

TRON Network

The fact that the increase in TRX accounts is not reflected by the rise in the price of TRX, signals that the growth has been driven by the rise in the number of DApps being created on the Tron Network. 

Currently, there are 768 decentralized applications built on the Tron ecosystem as per the latest DApp weekly report.  Moreover, the report noted a stable growth in the number of decentralized applications on the platform.

Most Tron-based DApps involve gambling and other high risk activities

As per the report, between May 23 and May 29, there were a total of  518,000 TRX transactions processed from DApps built on the Tron Network, worth an upwards of  $4.1 million. 

Additionally, the report noted that most of the decentralized applications on the Tron ecosystem; involve gambling and other high-risk applications. The report also noted that exchanges account for the smallest percentage of Dapps on the Tron blockchain.

Why TRON Could Outpace Ethereum DApp Growth

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TRON is known as a highly ambitious project that seeks to revolutionize the digital entertainment industry by building a decentralized content sharing and entertainment platform.

Founded by Justin Sun, TRON was able to raise $70 million during its ICO in September 2017. Based on its whitepaper, the TRON code base was initially a fork of Ethereum and it made use of the Solidity smart contract language, which is Ethereum’s programming language.

After its main net in May 2018, it migrated to its unique network that is powered by the TRON (TRX) coin.

TRON Virtual Machine (TVM)

The TRON Virtual Machine (TVM) is an application environment or operating system that can emulate computer systems. It was built not only to make the TRON ecosystem bigger and better but also to test and execute Decentralized Applications (DApps).

Tron’s DeFi Strategy Revolves Around a New Token, Twitteratis call it a Scam

There are two main benefits to having a virtual machine. First, for instance, if a programmer using a Windows computer needs to complete a project that should be made on a UNIX-based operating system, then he only needs to use the virtual machine to create a new application environment instead of buying a new computer.

Second, DApps developers can easily create smart contracts that operate on the TVM using programming languages that they are already familiar with instead of having to learn new programming languages every time they need to create a different application.

What’s more interesting about TVM is it is designed to be highly compatible with Ethereum’s Virtual Machine (EVM). Ethereum developers can easily port their DApps in Ethereum to TRON. However, even if TVM is compatible and highly similar to EVM, there are still two striking differences between them.

First, transactions on Ethereum are fuelled by gas which means that its users are being charged to make transactions. On the other hand, TRON has a concept known as “bandwidth” which makes smart contract transactions free.

Second, unlike EVM, TVM does not have scalability issues. This is because TVM can handle thousands of transactions per second.

TRON Developers

In January 2020, Ethereum officially announced its One Million Devs initiative that aims to build a larger Ethereum developer base. According to its website, Ethereum already has around 200,000 active developers and it aims to get at least 1 million active developers by the end of 2020.

If ever Ethereum happens to have at least 1 million active developers, this can still be considered as good news since there is a chance that some of them will eventually realize the advantages of the TRON ecosystem over the Ethereum ecosystem. Once they are ready to switch, they can easily port their Ethereum DApps to TRON.

TRON DApp Growth – How TRON Is Expected To Beat Ethereum

On March 28, 2020, Justin Sun announced the official release of Djed, a lending platform that utilizes Collateralized Debt Positions (CDP). The interest rate will be in the form of the stability fee. In order to mint USDJ, TRON users need to commit TRX collateral. Also, the governing token is dubbed as JED.

It’s important to note that TRON’s release of Djed represents its bold move to beat Ethereum’s decentralized finance (DeFi) apps. According to a recent report from DappReview, the total amount of transactions processed on Ethereum DApps in 2019 was around $12.8 billion. More than 90% of the transaction volume was from Ethereum DeFi Apps. On the other hand, TRON’s total transaction value was around $4.4 billion. Around $3.9 billion was processed through TRON casino DApps.

Through Djed, TRON is expected to get a share of the pie when it comes to DeFi transactions this 2020.

Moreover, Team Just, the developers of the viral Ethereum-based Fomo3D game, released a new DApp. Instead of launching it on Ethereum, they released it on TRON. According to them, TRON’s ecosystem can provide their DApp with better scalability and higher throughput.

The new game is called Just. Game. It’s a mind-blowing game that incorporates exciting ideas related to the Game Theory and economic incentives. Based on its slogan, it is like a “tech disguised as toys” game that makes use of autodecentric technology.

Lastly, as mentioned earlier, TRON is primarily being used for creating casino DApps such as TronBet, HyperSnakes, Rocket Game, TronVegas and TronTopia. In fact, around 432,000 TRON users use TRX for playing at crypto casinos. The top TRON casino sites are Wink, Bitcasino.io, 1xBit, 888TRON and FortuneJack. These casino sites are using TRON smart contracts so they can offer their players provably fair games as well as fast payments.

Why More DApp Developers Prefer TRON Over Ethereum

Many Ethereum developers are now taking advantage of TVM’s compatibility with EVM in order to port their Ethereum DApps to TRON.

One of the primary reasons why they are switching is because of TRON’s better scalability, higher throughput and more secure platform, which technically means more activities and profits for them.

On Ethereum, only 20 transactions per second can be completed. On TRON, there are 2,000 transactions that can be completed per second. This is the reason why many “Ethereum Killers” claim that Ethereum cannot be used for real-world applications. Also, based on CoinMetrics Network Data Chart for the month of March in 2019, Ethereum only had around 600,000 transactions per day while TRON was able to process around 2.5 million transactions daily. During the same month, Ethereum only had around 11,000 active users while TRON had around 70,000 active users.

Another reason is Ethereum’s gas fees. The gas price refers to the amount a user needs to pay per unit of gas/computing power. Deploying a contract on Ethereum has a minimum gas price of 32,000 gas plus around 200 gas per byte of the source code. A report from Hackernoon estimated that an Ethereum DApp developer needs to pay around 90 ETH per year to deploy his DApp that processes around 1 million transactions per year. This estimate excludes the running costs paid by its users. The annual cost can be significantly higher if a DApp processes a lot more transactions per year. Meanwhile, TRON charges zero transaction fees.

Clearly, TRON has a lot more to offer to DApp developers. It is thus not surprising that many are expecting it to dominate the DApp market a few years from now.

Blockchain Technology Supported by Vodafone Used in University of Malta Elections

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Blockchain technology and cryptocurrencies have now been used in many sectors thanks to their advantages over traditional methods of finance. In particular, Blockchain has achieved an even greater index of popularity due to its use in industries other than finance.

According to new reports, the University of Malta has decided to integrate blockchain technology into its college election processes. The university claimed that cutting edge technology would help students make their choice in an efficient and transparent manner.

The University of Malta has recently revealed that its students enrolled in the Master’s program Blockchain and Distributed Ledger Technologies have created a dApp to enable students to vote. Students involved in the project are of the opinion that the application will be a step in the right direction towards a faster and easier way of counting the votes.

During such a tumultuous time, the university urged its students to develop a way in which they could vote safely within the confines of their homes. The university students used the decentralized digital identity platform provided by Vodafone, the British telecommunications giant, to carry out this task.

The Vodafone partnership makes the University of Malta the first college on the planet to use decentralized systems to facilitate elections.

Joshua Ellulk, the director of the University of Malta’s Centre of Distributed Ledger Technologies added that the university had benefitted greatly from the Vodafone support. In his words:

“At this time especially, given the current situation, it was important to have a remote voting mechanism in place that enables trust and transparency thanks to the blockchain-based solution. A main challenge to achieve this is onboarding users in a trusted manner – and digital identity platforms such as that provided by Vodafone provide a solution.”

One of the main aims of this venture was to give power back to the voters rather than hoarding all their information within a centralized entity. Individual voters can cast their votes on their application, which will later be verified via the digital identity system. The students made use of Vodafone’s DID platform which was launched to several organizations praising its use cases.

The University has admitted that there has always been a fear of voter manipulation in earlier elections. The most recent election was not threatened at least because of the transparent nature of the blockchain system. Ellul reiterated that the application made it possible for students to cast their votes from home, a step taken to flatten the curve of coronavirus infected patients.

The University of Malta launched its Master’s program last October with a pledge to create professionals adept in the field. Students are taught various areas surrounding blockchain, smart contracts, cryptocurrencies, and other decentralized technologies. Dapps such as the ones used by the university students is one of the examples of Malta’s acceptance of crypto, a sentiment that may or may not last long.

Tron Leads Smart Contract Blockchains as Most Active DApp Platform

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Tron is ahead of all smart contract platforms with the most active users. A Dapp Review by CryptoDiffer ranked Tron blockchain ahead of Ethereum and EOS. The ecosystem continues to grow with increased user activity on decentralized applications (DApps). In fact, Dapps accelerated the number of users to approximately 2.77 million.  Among whom, 11% were active users. 

These stats left the blockchain community in a frenzy. Further debunking long-held beliefs that Ethereum was at the top of the Dapp chain. CryptoDiffer outlined differentiating statistics behind Tron, Ethereum and EOS blockchains. Although Ethereum lagged behind both Tron and EOS, the data revealed that Ethereum remains the smart contract platform of choice for many users. 

Most popular activities on the Tron ecosystem consist of gambling and high-risk applications. A user base that accounts for at least 75% of the platform’s total volume and active users. 

Prior Dapp reports claimed that Ethereum was popping more active users. A claim that CryptoDiffer refuted. In other words, despite Ethereum boasting a high number of decentralized finance applications (DeFi), these numbers do not necessarily translate to an active user base. 

According to CryptoDiffer, 94% of Tron (TRX) users are active on the platform judging from their active TRX addresses. EOS blockchain followed with 90% active user addresses and then came Ethereum, with 61%. 

Tether (USDT) seems to be enjoying a share of the Tron bubble with Tron based USDT ballooning to almost $1 billion. A figure that indicates at least 20% of the total supply of USDT coins. Presently, the US dollar stablecoin shows no signs of slowing down. 

The activity rate is an important aspect of judging the utility of an application. In fact a better indicator of the quality platform than user volume. Hence the disparity among DApp reviews ranking Ethereum at the top instead of Tron; arises from Tron having a slightly lower volume of users but a massive percent of whom are active. While on the other hand, Ethereum boasts about 2000 decentralized app developers on the platform. Additionally, Ethereum attracted a higher number of new enthusiasts.

For instance, Ethereum had 114K users in Q1 2019 compared to a whopping 578K users by Q4 2019. On the other hand, the number of new registrations on Tron fluctuated in Q2 2019. EOS would, however, face a decline as its users crashed from 163K in Q1 2019 to 58K in Q4. 

A prior report by Misha Lederman stated that Tron had 233K active user addresses. 5% of whose addresses were active. The report ranked Tron third after Bitcoin and Ethereum by activity rate. 

Unlike Tron, the rise in Ethereum’s new users is due to DeFi applications. And since most blockchain developers have the intention of democratizing banking and duplicating financial structures; it is clear the flock given Ethereum is the pioneer of DeFi apps. 

Meanwhile, Tron gaining the edge on the DApp ecosystem is quite encouraging. Analysts attribute the remarkable performance a result of last year’s launch of BitTorrent speed on the network. An action that potentially triggered bullish performance of the Tron (TRX) coin and boosted the number of new sign-ups. 

 

 

Tron Remains the Second Most Popular Platform for Dapps

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Largest Dapp directory published a quarter three dapp market report, which unveiled that the Tron has added 500,000 users on the mainnet in Q3, and the platform remained the second most popular network for building Dapps.

Dapp/Decentralized applications on top of blockchain platforms like Ethereum, Tron, and EOS have become a hot topic these days, especially for developers.

As per the latest market report presented by Dapp.com, the largest directory of the Dapps, the Tron blockchain platform still stands as the second most popular network for developers to build their decentralized applications. The first being Ethereum, which saw a steady performance for Q3 in comparison with the other blockchains. 

Tron has become the Largest Blockchain Platform

The report highlights the significant growth of Tron users and states that the platform becomes the most significant blockchain platform that launched since 2017. It reads as follows;

TRON has added another 500,000 users on the mainnet in Q3 – with a total amount of over 3.7 million mainnet addresses

Moreover, the Tron network has become the ultimate choice for gaming projects. Following the significant findings, Dapp.com’s Q3 report quickly gained the attention of Tron boss, Justin Sun, who then took to Twitter and appreciated the Dapp platform for the excellent Q3 report. He tweeted;

However, on the back of the report, Tron gained a momentous growth in terms of market capitalization. The token, which was standing on the 14th most significant spot, has captured the eleventh largest place on the graph of Coinmarketcap today.

At the time of reporting, Tron is scoring higher with 6.58 percent within the past 24Hrs, which notably influenced its market capitalization. While it’s trading volume counts $1,078,248,667, the token is currently trading at $0.016 against US Dollar.

An overall market assessment of Dapp for Q3 shows that the transactional volume of these Dapp is down nearly 40 percent. Only 148 dapps launched in Q3 of this year, whereas it was 164 dapps every month during the first half of 2019.

Disclaimer: The presented information is subjected to market conditions and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Justin Sun Backed Tron dApp Wink Secures Massive Giveaway from Dapp Listing Platform

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Tron based Wink dApp has received a massive boost from Dapp Listing Platform, Dapp.Review. The platform is giving away 1,500,000 Win tokens.

Announced recently, Dapp.Review, a Dapp tracking platform is offering the first three winners 1 Million, 250K and 150K WIN token respectively. WINK dApp is probably the most-powerful dApp launched on Tron network and has acquired accountable users and transactions to date. The dApp also launched its native token, WIN, via Binance launchpad recently. Following the giveaway, Dapp.Review states;

Stake your WIN and get daily dividend or sold them to make a quick buck.

1,500,000 WIN Giveaway

Interested participants are expected to gain some WIN tokens first, and three winners will win 15000 WIN, 3750 WIN, and 2250 WIN respectively as stated earlier. The participants are encouraged to follow the Twitter handle of Dapp.Review and tag at-least three friends. Further, the platform says that it will give the prize randomly to the top 3 users. Moreover, it will also pick two users to share 50000 WIN as a giveaway.

To note, WINK is the largest high-performance e-gaming platform on the Tron (TRX) blockchain, which has a reward mechanism called WinDrop. Using WinDrop system, users can earn rewards for holding the WIN token. In the said process, the TRC-20 Win token encourages users and developers to participate in its network via various campaigns.

The announcement seems less-promising at the moment as the coin is currently experiencing a decline of 1.70 percent within the past 24 hours. Notably, the token is now holding the 88th position in terms of market capitalization, counting trading volume as $43655.

During the binance launchpad of Win token, the crypto exchange Binance affirmed that the Tron-based token aims at building itself as a leader in the blockchain gaming space via the launch of various high-quality decentralized applications. The Binance research further noted that;

“This will be accomplished by leveraging the WINk team’s experience for game/ecosystem design and by enabling other development teams and users to guide the growth and direction of the platform through a unique governance mechanism.”

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Second Quarter of 2019 Saw TRON DApp Users Increase by 300,000 Plus

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Dapp.com is an analytics website that tracks decentralized applications available on the internet today. The platform released its 2019 Q2 report a couple of days ago, and TRON occupies the first place in terms of active users on DApps.

The main aim of Dapp.com is to demystify decentralized technologies to assist individual users, developers, and companies to feel more at home using this new technology. From the information Dapp.com gives to the crypto community, it makes it easy for interested parties to join the decentralized environments.

According to the Q2 2019 Decentralized Application Market Report, decentralized applications or DApps have managed to remain strong in Q2 2019 performing more than it was expected.

According to the report, the total transaction volume increased to about 3.28 billion US dollars while the number of transactions recorded and amount of transaction volume recorded for the Q2 period touched an all-time figure of approximately 1,159,482 and 325 million respectively. During the second quarter, 484 new decentralized applications (DApps) were introduced to the market, which was significant growth in comparison to the previous quarter. Dapp.com states,

“484 new decentralized application was introduced to the market in Q2. At the time of writing, Ethereum, the number two ranked crypto asset by market cap, remains the first option for developers, followed by Tron and EOS.”

The platform added,

“Recently launched blockchain technologies like TomoChain and IOST are quickly creating a name for themselves in the market, but the first tier blockchain technologies have already gone way ahead.”

Also, according to the Dapp.com market report, Q2 saw a new record for active users being set at 1,159,482 as well as best performance for transactions and transactional volume. Over 700,000 new users used DApps at least once in Q2, marking the highest number in one quarter.

According to the report, 35 percent of the existing decentralized application users used DApps at least once in the Q2 period among the six blockchain platforms. This is the highest number of user usage ever recorded in one quarter.

Ethereum DApps

In the case of Ethereum, user activeness usually has an active association with ETH prices where the more significant the ETH price, the higher the number of Ethereum DApp users. Since mid-May 2019, more and more token holders are being transformed to DApp users daily as ETH prices keep on appreciating.

EOS DApps

On the other hand, EOS has a high load to prove the massive investment it raised during its funding stages. In regards to user activeness, EOS has the most active DApp user base with more than 65 percent of its users using DApps in Q2 2019. According to the report, about 34 percent of EOS holders have interacted with EOS Decentralized Applications at least once which is the second-highest after the number 2 ranked crypto asset by market cap, Ethereum.

According to the report, EOS owes its Gaming applications credit for its significant trading volume, which is responsible for more than 65 percent of the transactions. However, a recent publication has revealed that its not actual humans who transact on the EOS platform. According to the release by AnChain.AI, EOS is guilty of extensive malignant bot activity on its network.

According to investigations, about 50 percent of special Bot accounts were found to be responsible for about 75 percent of the total transactions on the EOS platform. These damming revelations are based on scrutiny of the top 10 Gaming decentralized applications operating on the EOS platform, which account for 65 percent of the transactions.

Given the fact that Bots are software applications that run automatic tasks over the internet, Bots are employed to enhance DApp rankings through bot transaction on the EOS platform. By doing this, the bots manage to increase the liquidity of DApp utility tokens, earning good returns on payout dividends or even interrupting competing DApps by clogging them with traffic.

Tron DApps

Although Tron has the most significant number of active DApp users in the market, it takes the third position. According to the report, 82 percent of all Tron decentralized applications, 338 out of 412, stayed active in Q2.

Contrary to Ethereum and EOS, Tron appears to have a negative association between its active users and token price. The fewer users the Tron DApps register, the higher the Tron (TRX) prices and vice versa. According to the report, Tron grew the most throughout Q2 out of all the surveyed platforms.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Tron (TRX) now is the superior decentralized network than Ethereum

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The battle of blockchain protocols is heating up, and as a result, investors as well as dApp (decentralized application) users are trying everything to figure out the industry which players are likely to win the battle.

We’re nowhere near mass adoption yet, but decentralized networks are doing much more than expectations. For instance, Tron network is pulling together all aspects to make it thrive, and interestingly, it’s now superior to its all-time rival Buterin’s Ethereum.

Has the Pendulum Shifted?

In the crypto space, for investors, nothing is sweeter than a productive rivalry. The dApp race heats up each day, and Ethereum alongside Tron mainly dominates the stage. The competition between them is no longer a secret, and seeing them go head-to-head is good news for investors and users alike.

However, it may not turn out to be good news for the loser. Ethereum has been entitled of the bragging rights for some time, but now it looks like the pendulum has already taken a shift, and it’s Tron (TRX) which is now smiling.

How is Tron Superior?

Ideally, it’s not a walk in the park to dethrone Ethereum. However, now that it has already happened, the question has to be, how did Tron do it? Or where is Tron doing right?

Tron is a blockchain platform which allows users to develop, deploy, and store their smart contracts as well as decentralized applications. Also, it facilitates publishing content and data. Besides, it ensures plenty of apps and use cases for the blockchain – and the native token, TRX.

So, where is Tron winning?

Mr. Gordon, who happens to be a fintech analyst with over twenty years of experience, shared a video on Twitter recently that pretty much nails it in explaining how the Sun-led blockchain is superior to Ethereum now.

Tron is growing fast enough that it already passed Ethereum transactions. Tron now has about 486,475,619 transactions compared to Ethereum’s 485,993,223. Given the rate of Tron growth, it’s clear that the numbers will only get better.

In mid-March, Tron’s daily transactions volume went past $100 million, which represented twice the sum of its rivals. Moreover, in terms of dApps, Tron is way far ahead of Ethereum and EOS. It’s only the other day that Ethereum recorded 1 million TX daily, whereas Tron boasts almost 2 million daily transactions on average.

The distance between Ethereum and Tron is now getting clear, perhaps because of greater diffusion as well as the low costs that the Sun-led cryptocurrency poses compared to Ethereum. Currently, Tron records 500 dApps in total, and more than 16,000 active users daily.

The mastermind behind the rapid growth of Tron is the developments it has been making such as partnerships and acquisitions like CoinPlay.

Ethereum is an excellent project, and no one should forget that Tron itself started its life via Eth, but with the time, Ethereum needs to move fast to stay in the competition.

Nevertheless, TRX has outnumbered ETH in many areas starting from community, dApp revenue, speed, and the consensus method. Hate it or love it, Tron is surely winning dApps war hands down.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Tron (TRX) Reaches New Milestone with 500 Dapps Online Now

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Tron has been powering through with various plans and additions to its technology for the better part of a year – and it seems to be bearing fruit. While Tron Foundation CEO Justin Sun has long been talking about the potential of the Tron network but it is only now that the blockchain is finally beginning to show a little of the promise it once held.

Dapp growth pointing to a rosy future

The future, as always, is shrouded in mystery even for the best-prepared traders and executives. However, current trends can be extrapolated to give some kind of indication as to what is likely to happen soon.

The rapid and triumphant rise of the Tron dapp ecosystem based on the TVM (Tron virtual machine) network is key to the future of crypto in general and TRX in particular. The number of dapps has been rising steadily in the Tron network, and that figure has now reached 500 online dapps according to Misha Lederman, a dapp evangelist.

According to Misha’s tweet, Tron saw record volumes in March, which reached 102 million US Dollars per day for the month. The Tron believer went on to report that these 500 dapps are the trailblazers for the next generation of the internet. The so-called Web 3.0, where everything that can be decentralized, will be decentralized.

The 50 thousand daily dapp users is a significant achievement in an of itself. While it might seem like a small number at the current moment, this an immense amount of what every other company would call “beta testers.”

Paradigm shifting BitTorrent Speed to leverage current situation

While 50 thousand users are usually considered a small set of people – this is not true for Tron, its dapps, network, and ecosystem. This is because of the strategic acquisition of BitTorrent that has hundreds of millions of users. The launch of BitTorrent Speed decentralized filesystem will give a more straightforward pathway for the massive userbase to transition to Tron.

Dapps that elect to use Tron’s network will automatically have a hundred million robust system of users to target via BitTorrent, something that both EOS and Ethereum lack at the moment. So despite Tron’s late start, the Sun-led blockchain is perfectly poised to take advantage of its extremely ample assets. Putting the BitTorrent numbers into perspective, it would be like Facebook leveraging Whatsapp users for its stablecoin coin currency – something that it has already started doing.

The future for Tron looks rosy, at least as things stand, and it is looking as if it will be the first dapp platform to indeed rise to the top of mainstream consciousness with the launch of BitTorrent Speed. All this, and it is only barely a year from its independence from Ethereum – a divorce that still stings the developers of the original cryptocurrency.

Everything happening right now is a sure fire sign that Justin Sun has been doing outstanding work behind the scenes – and that all the bluster that he has brought to his brainchild, Tron, might pay off quickly now.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.