The decentralized user counts the collapse of users
The decentralized applications, or DApp as they have been dubbed, have been widely publicized as the future of Internet and blockchain technology for years and years. And while many innovators see the potential of decentralized systems and applications, recent statistics gathered by Diar show that DApps still need to attract widespread interest from the common consumer.
Take the example of CryptoKitties, which saw its daily user base fall from over 14,000 to 510 within 7 months, or a sad decline of 96%. While the near collapse of CryptoKitties DApp is at the end of "DApp deaths", user counts have been reduced with the majority, if not all of these applications, including decentralized exchanges (DEX). Bancor, for example, saw 74% of its user base disappear from 1747 to 457 individual accounts. Fork Delta, another popular DEX, has undoubtedly made it worse, losing 90% of its active users in a similar range.
As a result, the user count decreases at all levels, the average monthly DAP user count decreased by 56% from the January 2018 high on 528,000 individual accounts to only 231,000 addresses.
Rock, Paper, Scissors The answer to Ethereum's DApp problems?
While Diar has further revealed that the DAD subindustry is suffering, a recently revealed DApp, albeit a very simple one, may be able to satisfy a growing need for fun and easy-to-use applications.
The Next Web reports that a Reddit user, who uses the "ikirch" handle, has just released a version of Rock, Paper, Scissors based on Ethereum as an intelligent contract, combined with an "interface" user friendly graphics (GUI). The game, which only requires a portfolio with ETH and the MetaMask interface to play, is as simple as choosing one of the three options (Rock, Paper or Scissors [RPS]), determining a bet and sending a smart contract function transaction to the Ethereum network.
What makes this DApp so great is the open-source and demonstrably fair nature of the game, with users able to check whether they have won or not by displaying the immutable result of a game , through an Ethereum block explorer. Furthermore, this DApp, which has been called 0xFair by ikirch, is not subject to the problems of "censorship, fraud, interference from third parties or downtime".
However, this new DApp has had a slow start, with only a select few users using the smart contract to play RPS. In fact, in the last two and a half days, only 200 transactions have been directed to the smart contract 0xFair.
But perhaps it's worth taking a step back, realizing that this is much more a game of RPS, but rather, an application that's easy to use, easy to use, fair, safe, and last but not least important, a blockchain that demonstrates that decentralized technologies maintain value in a simple way.
Photo by Fancycrave on Unsplash