Steemit Crypto Academy Contest / S9W2 - All About The Tron Ecosystem
Hello good day to you, thank you for stopping by to read my content entry, I hope and believe you are doing just fine. I want to thank you @crypto-academy specially for organising such a wonderful initiative contest.
Source:edited on canvas.
*I will start by treating each question one after the other according to the number it been given. *
Questions 1
Explain what you understand by TronLink and Tronscan and their uses
TronLink and Tronscan are both tools and platforms which are associated with the TRON blockchain, it is a decentralized blockchain based platform for creating and deploying smart contracts and decentralized applications (dApps).
TronLink is a web wallet that serves as a intermidate between users and the TRON blockchain. It is a browser extension wallet that allows users to manage their TRON accounts, interact with TRON dApps and securely send and receive TRX (the native cryptocurrency of the TRON blockchain) and other TRC-based tokens. TronLink provides a simple user friendly interface to access and manage their TRON accounts, view transaction history and sign transactions securely. And it is available as an extension for popular web browsers such as Google Chrome, Firefox and Brave and also as a mobile version App for Android and iOS devices.
Tronscan is a blockchain explorer for the TRON blockchain. Which allows users to explore and monitor the TRON blockchain in real time. On tronscan users can search for transaction details, view block information, track account balances, monitor token transfers, and verify smart contracts on the TRON blockchain using tronscan. Tronscan provides a very comprehensive data and statistics about the TRON blockchain, which includes information on blocks, transactions, accounts and tokens. It is commonly used by developers, traders and other users to gain insights into the TRON blockchain and track transactions, related to TRON based assets.
TronLink and Tronscan are the most important tools for users who are involved in the TRON blockchain ecosystem. TronLink allows users to manage their TRON accounts and interact with dApps, while Tronscan provides a way to explore and monitor the TRON blockchain and its transactions. Together, they offer users the ability to interact with and understand the TRON blockchain and its ecosystem more effectively.
Questions 2
Name and explain some of the different dApps that you explore using the TronLink wallet
- Decentralized Exchanges (DEX) some of this popular DEXs are JustSwap, Poloni DEX and TRXMarket, it allow users to trade TRON based tokens directly without the need for any intermediaries. Users can connect their TronLink wallet to these DEXs to buy, sell and trade their TRC-based tokens.
- Games and Gambling dApps such as TRONbet, WINk and 888TRON, offers a wide range of games like casino games, dice games and sports betting and also allow users to connect their TronLink wallet to these dApps to play games, place bets and earn rewards.
- Finance and DeFi dApps are JustLend, SUN and JustStable, which provide lending, borrowing, staking and yield farming services. This help users to utilize their TronLink wallet to interact with these DeFi dApps to manage their crypto assets, participate in liquidity mining and earning interest or rewards.
- Social Media and Content Creation dApps like BitTorrent Speed and DLive offer the earning of cryptocurrency rewards for creating and sharing content. TronLink wallet can be used to connect and interact with these dApps, create content and earn TRX or other TRC-based tokens.
The above listed dApps are just a few examples that can be explored and accessed using the TronLink wallet.
Questions 3
How do you verify a transaction status using Tronscan. E.g, it should include the timestamp, bandwidth & energy. Screenshots also needed
First of all, to verify a transaction on Tronscan I visited the official site which is tronscan .org then if you have an account you can either sign in or sign up for new user. But you could also do that without actually being an active user
Now, on the tronscan homepage, you will find a search bar at the top right corner. Enter the transaction hash or address for the transaction you want to verify and click the search icon or press "Enter" and you can also check navigate to the menu bar at top right corner you will transaction click on it, it will display numbers of transaction that has been carried out click on any of the transaction to view it status. Just like the photo below.
[source:screenshot using inifinix hot5] this is when you don't have a specific has you want to search for.
Then follow by this
[source:screenshot using inifinix hot5] click on the transaction.
Followed by
[source:screenshot using inifinix hot5]
Then once you find the transaction in the search results or pick anyone listed on the blockchain, click on the transaction hash to view the transaction details page.
[source:screenshot using inifinix hot5]
On the transaction details page, you will see the "Block" section, which displays the block number and also the timestamp of when the transaction was carried out and included in the TRON blockchain.
[source:screenshot using inifinix hot5]
Also, in the transaction details page we can see the "Bandwidth" and "Energy" sections. The bandwidth represents the amount of network resources used for the transaction, while energy represents the amount of resources used in smart contract execution. The bandwidth and energy values associated with the transaction will be displayed in TRX (TRON's native cryptocurrency) units. If the transaction does not involve a smart contract execution, the "Energy" section might not be applicable. The exact layout and information that is been displayed on Tronscan varies over the time and updates to the website.
[source:screenshot using inifinix hot5]
Questions 4
Explain the process of initiating a transaction using TronLink wallet. Screenshots and practical examples needed
It is widely said that TronLink wallet interface changes over time and it is recommended to use the official TronLink documentation for the most up-to-date and accurate information.
Down below I will discuss the general overview for the process of initiating a transaction using the TronLink wallet.
Firstly, go to TronLink wallet browser extension or mobile app and create a wallet or import an existing wallet of which I believe all steemains has one attach to each user account. Then connect your wallet to the supported browser or mobile applications .
[source:screenshot using inifinix hot5]
Secondly, In the TronLink wallet interface, choose the type of transaction you want to initiate. For example, you can send or receive TRX or other TRC-based tokens, vote for Super Representatives, freeze or unfreeze TRX to gain bandwidth and energy, or interact with a decentralized application (dApp) on the TRON network.
The above photo is for the receiving aspect, I couldn't get the sending photo because I don't have any amount of coin in my wallet
Thirdly, to perform transaction enter a relevant details for transactions. For example, if you're sending or receiving TRX to or from Amy user, enter the recipient's wallet address, the amount of tokens you want to send and an optional memo if needed. If you're voting for Super Representatives or freezing/unfreezing TRX, enter the amount and duration of freezing. If you're interacting with a dApp.
[source:screenshot using inifinix hot5]
Fourthly, choose an appropriate transaction fee for your transaction. Because TronLink wallet usually provides options for low, medium, and high transaction fees, which determine the priority and speed of your transaction. The higher the fees the higher the generally result is faster and confirmed.
Fifthly, before performing any transaction, all transaction details which includes the recipient address, amount, memo (if applicable) and transaction fee should be correct, once it's satisfied, click the "Confirm" or "Send" button to initiate the transaction.
Lastly, we can monitor the transaction status on TronLink or Tronscan to track it's progress, including the number of confirmations, block height and transaction status of it successful or failed. The steps and options varies depending on the version and interface of TronLink wallet and the type of transaction you're initiating.
[source:screenshot using inifinix hot5]
Number of blocks and number of blocks confirmed.
Here comes the end of my entry to the contest, thank you for reading to the and I believe you learn a little from the article.
I would also like to invite @josepha, @simonnwigwe, @kravin, @hossy, @gust.art, @luckyforkarmen to also participate in this wonderful initiative.
This post has been upvoted through Steemcurator09.
Team Newcomer- Curation Guidelines for April 2023
Curated by - @heriadi
Saludos amigo lilbiz-yl, te felicito por esta buena publicación, buenas respuestas y tus capturas son las indicadas.
Suerte.
thank you friend, I truly appreciate it.
You have given a very detailed explanation on the use of Tronlink and it's various dApps. You have also shown a clear and explanatory way of making transactions using the TronLink wallet.
In all, your have written so we'll and I really appreciate your effort. You can check out mine by clicking here
Thank you for your response friend I appreciate.
You gave all the explanation of the whole questions in details and a very enlightening manner. Your explanations are very good guild. Keep it up
I wish you success.
Your description of TronLink and TronScan are comprehensive and commendable. It is easy to understand the crux of Tron blockchain .
Step-by-step approach to transaction details and initiation of transaction is complete and guide for all.
Good luck .
Thank you very much for the compliment.
Great post @lilbiz-yl! Your comprehensive overview of the Tron ecosystem is informative and well-written. You have provided a detaled explanation Of the various aspects Of Tron including its history network token and dApps. I appreciated how you Explained The advantages of Tron over other blockchain networks and highlighted it's potential for the future. your post is An excellent resource for anyone who wants to learn More about tron and its ecosystem. I also found your use of visuals and examples very helpful in understanding the concepts better. Thank you For sharing your knowledge and insights with the Steemit community through this Post . i look forward to reading More of your Content in the future. Keep up the great work !
Thanks a lot for the compliment.
Congratulations, your post has been upvoted by @dsc-r2cornell, which is the curating account for @R2cornell's Discord Community.
Your work is an extensive review of the Tron ecosystem and is an enlightening and well-written one. Your explanations of everything required are very detailed about all the questions asked.
An excellent job friend, what you have done is likened to Tronlink 101, for anyone who wants to learn more about Tron and its ecosystem. Thanks for sharing and have a blissful time.
Hello man you really did great and I really admire it, this is a proof of hard work, you worked hard and it paid off well. Hope to see you try harder on steemit.
I love that world explorer, it says it all . It tells us that the software Tronscan is charged with the duty of exploration on Tron, this is because it can explore any details needed.
Thanks for sharing, wishing you success.
Comment on my post https://steemit.com/hive-108451/@starrchris/steemit-crypto-academy-contest-s9w2-all-about-the-tron-ecosystem