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You are here: Home / Industry / Project Review / The dApp wars: Tron is beating Ethereum and EOS (clearly)
Tron

The dApp wars: Tron is beating Ethereum and EOS (clearly)

January 21, 2019 by Ali Qamar

Tron had an amazing year last year. It achieved several milestones during the year (most notably, blockchain independence as well as token independence from Ethereum) and all seems to support the idea that 2019 will be even better for Justin Sun’s project.

In this very young year, Tron already has a lot to boast about. It’s been barely seven months since it launched its new main net, and it already has more than 200 decentralized applications. And that’s not all. Those apps are quickly developing a huge user base and growing at such an amazing rate that they’re leaving Ethereum and EOS (its main competitors when it comes to dApps) far behind.

If you would care to have a look at dappradar.com, which is a web site that monitors activity in decentralized apps you’d notice several interesting things. Let’s talk about them.

Every single dApp in dappradar’s top ten runs either in Tron or EOS. This means that Ethereum, which was the project that arguably invented decentralized apps and smart contracts, is falling behind and losing its capability to compete.

Among those top ten apps, five run on Tron and the rest on EOS. They’re ranked by the number of daily users they serve. Number one is EOS’ PRA CandyBox with 8.8k users daily. So it has a lot more users than any other app on the list, but its transaction volume is exactly zero. No cryptocurrency flows through PRA CandyBox, popular as it is.

Then comes Tron’s Epic Dragons at the second place with 5.5k users daily. While 5.5k is surely not as impressive as 8.8k, there is a huge difference in transaction volume as Epic Dragons transacts almost 10,000 USD daily (or 396.9k TRX). So it has a lot fewer users, but at least it has a bit of money flowing.

Third is EOS’ Knights which has more or less the same number of users and transaction volumes as Epic Dragons.

But let’s skip numbers four and five (you can always check dappradar.com if you’re curious enough) so we can talk about number six which is the real phenomenon.

At number six we find TronBet, which is one of Tron’s gaming and gambling platforms. It has only 3,200 users daily, but that’s not the story. TronBet transacts 24.5 million USD daily. This is a lot of money, and there is no other decentralized application in the cryptoverse that comes even close to that kind of volume. The closest one is FarmEOS (number nine) with 1.3 million.

Tron is quickly dominating the dApp world by being innovative, reliable, and also through good marketing strategies for good products. Tron’s blockchain’s apps may not have the most users (yet), but they do have the most transactions per second and the largest trading volume by a very long shot.

Comparing EOS and Tron apps is quite appropriate too because both projects left Ethereum behind to start their own main nets at roughly the same time, so the odds are even amongst them. And Tron is moving forward more quickly than any other platform in this regard.

We suggest for you to have a look at Tron’s apps. You might just like what you see.

Image courtesy of PixaBay.

Filed Under: Project Review, Tron News Tagged With: EOS, Ethereum (ETH), TRON (TRX)

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