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The decentralized applications, or DApp as they are best known, have been continually being touted as the future of the Internet and of technology in general. And while more DApps are under development than ever before, with businesses throwing millions of dollars and hundreds of hours of manpower on promising projects, this blockchain technology that changes the world has been slow to pick up interest from the "crypto Joe" medium [19659002] According to a tweet by Kevin Rooke, an analyst / researcher of Canadian cryptocurrencies, the Ethereum and EOS blockchains collectively host only eight DApps that are actively used (daily) by more than 300 users .
dApps with over 300 active users daily …
Ethereum: 5
EOS: 3The most popular dApp from the weekly tx volume …
EOS: EOS Bet ($ 18, 1 million)
Ethereum: IDEX ($ 7.3M)Get your popcorn, we have another crypto clash that opens 🍿 pic.twitter.com/wBSZYjkd0C
These figures allude to the common criticisms that some have with Ethereum, namely that the Ethereum blockchain is used primarily to issue ICO tokens, rather than to promote the use of a global, but decentralized supercomputer. While this may be the case at the moment, a variety of promising Ethereum-centric DApps are under development, which could only increase the adoption of decentralized technologies and assets supported by blockchain in the future.
DAFF Landscape by Ethereum
According to statistics compiled by DAppRadar, most of the major Ethereum DApps are decentralized exchanges, such as IDEX and Fork Delta, which absorb hundreds of Ethers in the daily volume and over a thousand active users .
Along with DEX, collector's items and gambling games have become a common sight on the metaphorical block of Ethereum. Etheremon, a decentralized stab at the famous pop culture Pokemon, and CryptoKitties are the third and fifth largest DApps respectively. While Fomo3D, which recently paid over 10,400 ETH for a lucky user, occupies the last place in the top five DApps.
EOS & # 39; DApp Landscape
EOS & # 39; DApp landscape is very different from Ethereum, since it is mostly home to blockchain-based games and gambling applications that many take advantage of the high transfer rate of EOS transactions and time block of 500 milliseconds. Games such as EOS Knights, Wizards.one and MonstersEOS occupy the 1st, 3rd and 5th place in the DAOS ranking of EOS, as these games have gained popularity by offering their users an exhilarating experience of video games via a blockchain.
DApp Active User Counts See Generalized decline
The cited figures published by Rooke mirror recently published a research by Diar, a weekly publication focused on fintech, which also states that the short-term prospects of DApps do not seem too large . As reported by Ethereum World News earlier, the number of DAP users active on multiple platforms decreased by 56% compared to January, from 528,000 individual addresses to 231,000 addresses now.
It is widely assumed that this decline in the use of DApp is a direct result of the decline in encryption prices, as investors continue to put aside their digital holdings in search of the next investment train. Although the future of DApps may seem bleak as it is, many advocates of decentralization still hope that these applications will eventually break into public spotlight.
Photo of Clément H on Unsplash
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