Ethereum and Tron appear to be competing for a very important part of the dApp market. Tron (TRX) was able to overcome Ethereum in terms of the number of dApp transaction volumes. According to the website dapp.review, Tron has a larger number of transactions on its dApp compared to Ethereum (ETH).
Tron's dApps have more transactions than Ethereum
Based on the data provided by dApp Review, Tron registered more transactions on its dApps than Ethereum. This is something very important for the cryptocurrency market. Tron and Ethereum are natural competitors and Tron is trying to enter the top 10 of the cryptocurrency market.
No.1 DApp on ETH
IDEX – 2430 ETH volume txn in the last 24 hours
– DappReview (@dapp_review) November 17, 2018
The dApp TRONbet has recorded 551,709 transactions in the last 24 hours. It makes it the dApp with the largest number of transactions on the Tron network. The IDEX dApp on Ethereum, on the other hand, recorded 9,116 transactions in the last 24 hours. The main difference between Tron and Ethereum is the fact that Ethereum has more active dApps than Tron.
Ethereum had 14 dApps with over 1,000 transactions in the last 24 hours compared to Tron which only had 2 dApps with over 1,000 transactions.
In daily active users (DAU) the situation is very similar. TRONbet registered 1,923 active users while IDEX had only 947 DAUs. However, there are only two apps with over 1,000 DAUs and six between 1 and 85 DAUs on the Tron network. Ethereum has more dApps with a peer user base. Ethereum has 21 dApp with over 100 users per day.
EOS, another popular blockchain network, has better numbers than Ethereum and Tron. The EOS dApp of EOS Max, which is a casino, has recorded almost 1 billion transactions in the last 24 hours. In addition, the casino game Endless Dice had 14.139 users active every day.
Tron also launched an acceleration program for developers. The main intention of this idea is to encourage developers to help the Tron network grow even more. According to Official site of the accelerator program, the best dApps in the respective categories will receive different prizes.
The official website reads as follows:
"Unlike some of the previous programming contests that rewarded many developers, the TRON Accelerator does not present a loan or equity model – the winning teams and developers will retain ownership of their products after being awarded."
At the time of writing this article, Ethereum is the third largest virtual currency by market capitalization. It has a market value of $ 16.08 billion and each ETH can be purchased for $ 155 dollars. Tron is the eleventh largest cryptocurrency with a market capitalization of $ 1.09 billion. Each TRX coin can be purchased for $ 0.01653 dollars.
Carlos is an international relations analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other major cryptocurrency sites; with over 2,000 published articles.