Tron’s Ecosystem Has Surpassed 2.3 Million Accounts, 246 Decentralized Applications

The creators of TRON have released their latest Weekly Dapp Report which summarizes the key developments related to the platform’s decentralized applications (dApps) ecosystem.

As noted in the report, there are now more than 2.3 million TRON accounts that have been created and there are 246 different dApps that have been launched on the TRON (TRX) network. In the past week, 10 new dApps that went live on TRON's platform. This, according to the smart contract-enabled dApp creation network’s weekly progress summary which also revealed that there are presently 71 gambling-related dApps launched on TRON.

246 dApps Launched On TRON's Blockchain

Notably, there are 54 gaming-related dApps that have been built and deployed on TRON, 86 “high-risk” dApps, 14 exchange-related dApps, and at least 21 others were introduced so far. According to TRON’s estimates, there are about 70,000 “daily active users” on the network, an average of 750,000 daily TRX transactions (appr. $337,875 in 24-hour TX volume), and 519 smart contracts.

Other notable information shared in the report revealed that TRON Bird, “a simple collectibles game” in which players receive a “bird egg with 300 TRX to hatch” has become fairly popular.

As explained in TRON’s blog, TRON Bird is “conceptually similar” to Ethereum’s CryptoKitties in “the sense that users buy, sell, or rent pets” in order to earn TRX tokens.

FlashDEX, A Decentralized Digital Asset Exchange

FlashDEX, a decentralized cryptoasset exchange (DEX) built on the TRON network, will reportedly “support the TRC-20 standard token USDT-TRON” which was developed and jointly released by Tether Ltd. and the developers of TRON.

As mentioned in the Weekly Dapp Report, the FlashDEX platform “manages user orders and freezes assets” in an automated manner - as these transactions are handled by smart contracts. Because the trading process is managed by contracts, users and operators need not conduct the “transfer operation” by themselves (manually). Moreover, the FlashDEX has been created to function as a “service platform that efficiently manages buyers and sellers” in order to settle crypto transactions, TRON’s blog states.

On April 2, 2019, Justin Sun, the head of the TRON Foundation, announced that the platform’s developers would soon be releasing the details of the Sun network. According to a tweet regarding the announcement, the SUN Network is TRON’s version of the "layer 2" crypto payment solution to "achieve 100X scalability.”

Although unconfirmed, Sun noted: “#TRON’s dapp usage is poised to scale from the current millions to hundreds of millions after launch.”

Block.one CEO Responds to Coinbase’s Complaints About EOS Network’s Performance

Siamak Masnavi

On Tuesday (February 25), Brendan Blumer, Co-Founder and CEO of Block.one, (the company that develops the EOSIO protocol that powers the EOS platform), responded to Coinbase's concerns about EOS network's "degraded performance levels."

Here is how it all started...

On February 20, Coinbase said via a system status report that "EOS network has degraded performance" and that it was "investigating this issue".

Then, on February 22, Coinbase Support tweeted about the EOS network's "degraded performance levels", linking to the aforementioned status report:

One of the leading EOS block producers, EOS Nation, sent the following reply to Coinbase Support's tweet:

Earlier today, the Block.one CEO sent a series of tweets to explain that the performance problems being experienced by Coinbase were not because EOS was too slow, but rather the opposite, i.e. that the most likely explanation was that the architecture Coinbase's applications for regulatory reporting needed to be improved to so that these applications could keep up with the speed and volume of EOS transactions:

He also said that Block.one is trying to help Coinbase with "their performance issues":