Crypto Academy Season 4 Beginners' course - Task 1: Tron Ecosystem

in SteemitCryptoAcademy3 years ago

Hello fellow steemians, I'm delighted to write this wonderful post on Tron Ecosystem. This is task 1 of the home beginner's fixed courses (season 4). I will be writing the assignment task given by professor @sapwood.

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Image designed in wps

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Question

What is TronLink and what is Tronscan? What are its uses? How do you verify a transaction status(including timestamp, resource consumption(bandwidth & energy), nos of confirmations) using Tronscan-- Examples, Screenshot? What are the different dApps can you explore using the TronLink wallet? Make a transaction(a micro-transaction) with Justswap or JustLend using TronLink wallet?Screenshot?

TronLink

TronLink is a well-known blockchain wallet that serves as a channel to access to all TRX tokens such as TRC-20, TRC-10 and interact with the Tron ecosysystem. It can be accessed using Android, iOS, Chrome and a host of others.

The existence of Tron can be traced to as far back as 2017 by developer Justin Sun. With the use of decentralised apps like JustLend, JustSwap, TronLink is a flexible wallet that gives users the ability to interact

TronScan

TronScan on the otherhand is the established explorer of the TRON blockchain network. Its official website is https://tronscan.org. It is also a decentralized exchange platform that is used for different activities such as trading and exchange of other tokens.

It features the following components;

  • A built-in web wallet for transferring and managing the TRX tokens
  • The dApp interactions around the blockchain.

Uses of TronLink and TronScan
UsesTronLinkTronScan
Freeze tokensYesNo
Unfreeze tokensYesNo
Send tokensYesNo
Receive tokensYesNo
Track tokensYesYes
Dapps interactionYesYes
Smart ContractYesYes
Confirms transactionsYesYes

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How to verify a transaction status including timestamp, resource consumption (bandwidth & energy), number of confirmations using Tronscan-- Show Examples and Screenshot.

WhatsApp Image 2021-09-25 at 3.56.31 PM (1).jpeg

  • I chose a random transaction and confirmed it. Here are the relevant transaction details;

WhatsApp Image 2021-09-25 at 3.56.31 PM.jpeg

Screenshot taken from tronscan.org

TransactionDetails
Txn Hashdbca6fc1dc2f6ff1a23bf6dfdf10129fb1ef2dfcdee27a495c6996d6fe093f3d
StatusConfirmed
Number of confirmations19
Block Number340212338
Time Stamp1min 26secs, 2021-09-25, 14;51;51
Sender AddressTSvB3WcBgq39NjZ3RQ7JC7ZL4ivmvshPdj
Receiver AddressTR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t
TRX Amount412.2
Bandwith345
Energy14,631

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What are the different dApps can you explore using the TronLink wallet?

There are various Dapps available using the TronLink wallet. Just to mention a few are;

  • SUN
  • JustLend
  • JustSwap
  • JUST.... etc

WhatsApp Image 2021-09-25 at 4.13.52 PM.jpeg
Screenshot taken from my TronLink app

Make a transaction(a micro-transaction) with Justswap or JustLend using TronLink wallet with Screenshots.
  • First of all, I logged into my TronLink App and selected the JustSwap exchange as a transaction study.

WhatsApp Image 2021-09-25 at 4.13.52 PM (1).jpeg

  • Having about 41 trx, I decided to swap 10 trx to NFT as shown below;

WhatsApp Image 2021-09-25 at 4.13.52 PM (2).jpeg

  • Comfirm Swap

WhatsApp Image 2021-09-25 at 4.13.52 PM (4).jpeg

Conclusion

Its worthy to note the glaring difference between the TronLink and TronScan. Tronlink is a safe wallet to store coins of various types especially all TRX tokens, Tronscan is a blockchain explorer that houses all the transactions done in the tron ecosystem.

Thank you for reading, and thank you professor @sapwood for the lecture.

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