Why TRON dApps are generating immense transaction volumes?



With its launch in 2017, TRON received tons of praise from the community and has often been proclaimed as “ETH killer”. TRON’s original purpose was to enable users to share and spread data without any restrictions. Through content-based funnels users are able to upload and share their data in terms of videos, audio, images, and texts, and the blockchain ecosystem incentivizes them with digital assets each time they do so.

In June 2018, TRON mainnet was launch and it immediately gained traction by reinforcing the creation of decentralized applications (dApps). The so-called Delegated Proof-of-stake (DPoS) consensus bestows the power of block validations to 27 Super Representatives to produce the blocks and verify transactions. To top it all off, TRON network is able to process up to 2,000 transactions per second, with great likelihood of scalability.

dAppRadar provides a perfect insight into TRON protocol. Even though there are only 220 TRON dApps currently ranked on dAppRadar, the top performing dApp generating the biggest transaction volume on a day-to-day basis is precisely based on TRON blockchain — TRONbet. TRONbet is an all-in-one gambling dApp focused on Dice, Moon, and Ring games on top of having developed its own exchange also available on the spot. TRONbet is opening a way for developers to interact with the TRON network by creating a set of APIs (TRC20 & TRC10) that can be utilized for producing dividend pools, mining protocols, DEXs, TRON wallets, account & social systems, etc.


In the battle for stability of the network, inflation circumnavigation, and TRON holders rewarding, Justin Sun, CEO and founder of TRON has conducted 8 coin burns amounting to more than $1 billion in worth. The purpose of the token burn has been aimed at creating artificial scarcity thereby increasing the value of the token.

CoinPoint has allied with an ample of TRON dApps in order to achieve the common goal of their wider application and user base. Using different type of dApp marketing strategies and tools tailor-made for specific dApp type, CoinPoint team has already established unique market approaches and tools required for successful outcomes.

CoinPoint Logo - 6605x1073.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!