Crypto Academy Season 4 Beginners' course - Homework Post for Task 1: Tron Ecosystem
Thankyou Profesor @sapwood for your lecture about TRON. I hope to give a good answer to your question.
I choose this question to answer, " 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?"
Tron network was founded and developed by Justin Sun. It was founded in 2017 aiming to offer a basic infrastructure of decentralized applications, but with the lowest possible transaction fees and higher transaction throughput. One of the rewards we receive on Steemit is TRX, to accommodate the TRX we need TronLink which is a special wallet from the Tron Ecosystem.
TronLink is different from the default wallets of most Blockchains. We don't need the private key every time we want to make a transaction, because our private key is already stored in TronLink. Apart from supporting TRX, all TRC-10, and TRC-20 tokens. The TronLink wallet can also be used for voting, freeze/unfreeze token, test environment for Developers, using available Daps, and so on.
TronLink is compatible and seamlessly integrated, powered by the smart contract, enabling users to interact with the dApps like JustLend, JustSwap, Poloni dek, etc. TronLink processes around 2000 transactions every second and there is no room for bugs or delays. TronLink has many functions that are specifically adapted to the Tron network and not offered by some other wallets.
From the various sources I have gathered, I can explain that Tronscan is a first block explorer based on TRON. Block explorer is a tool that people use to view all online cryptocurrency transactions. In particular, to view all current and previous transactions on the blockchain.
This browser is TRON's first Block Explorer which includes not only some basic block explorer functions, such as search query transactions, accounts, blocks, nodes, smart contracts; data statistics and queries on the chain, but also directly supports token generation. Tronscan also comes with a built-in web wallet and a Bancor-based DEX, which enriches the Tronscan application matrix.
We can check a few things in Tronscan, including validity of wallet address, status of a transaction, time & date of transaction, transaction hash, sender and recipient address, cost of the transaction(Actual Network Fees), explore genesis block, latest transactions in a blockchain, wallet balances, spending on smart contracts, etc.
To verify the status of the transaction we need to visit the site tronscan.io., which provides this feature.
Go to Tronscan Site and log in your account.
The next step is to enter the transaction hash in the search field, and press the search button to find the transaction information.
Then the details of the confirmed transaction information will appear on the Tronscan page. The info listed is the transaction hash, sender and receiver, transaction value, notes and bandwidth consumed.
TronLink is not just a place to store assets, it is based on smart contracts that are the hallmark of Tron, everyone can develop their own DApss and register them here.
So far there are many DApss which of course different from each other in TronLink. The screenshots below are just the popular DApss.
There are 3 categories of DApss that can be accessed here, namely games, exchanges, and other which are not included in one of the categories mentioned at the beginning.
There are several steps that we have to pass in doing the swap in TronLink Pro Wallet. The first step is to select the Discover menu, and a display like the one below will appear.
Select Justswap DApps in the popular DApps row, and we will be directed to the Justwap page.
Enter the amount of TRX we want, then choose what token we want to exchange, I choose 1 TRX to be exchanged for SUN and confirm it.
The next step is to confirm the swap that we Will do.
Next, confirm the transaction that we will do.
The transaction process is complete, if we want to verify the status of the transaction that we just did, just go to the tronscan page and follow the steps I have outlined in the answer about the tronscan in point 3 above.
TronLink is a special wallet of the Tron Ecosystem which is different from the default wallet of most Blockchains. Our private key is already stored in TronLink, so we no longer need to enter it every time we make a transaction. The TronLink wallet can also be used for voting, freeze/unfreeze token, test environment for Developers, using available Daps, and so on.
Tronscan is the first block explorer based on TRON whose functionality includes not only some basic block explorer functions, such as search query transactions, accounts, blocks, nodes, smart contracts, data statistics and queries on the chain, but also directly supports token generation
We can verify and view transaction information involving TRON tokens on Tronscan including timestamp, resource consumption(bandwidth & energy) and nos of confirmations.
In TronLink there are also various kinds of DApss that we can use which are divided into 3 categories, namely exchanges, games, and others. One of the popular ones is Justswap which we can use to exchange TRX in other Tokens.
