Tron Ecosystem - Steemit Crypto Academy Season 4 - Homework Post for Task 1
QUESTION (1)
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?
INTRODUCTION
The TronLinkk is simply a decentralized application in which allows users the leverage to perform transactions/operations at a very low cost.
TronLink was established by JUSTIN SUN in the Year 2017, This came in as a result of means to reward Content creators for their efforts in creating original content. This very act isn't far-fetched from the steemit platform which also rewards its users for creating original content on the blockchain.
Also as earlier stated in the first paragraph, The Tron Blockchain which is very much a Decentralized system supports various features such as the Dapps, and also the leverage to users to carry out/perform operations on the blockchain at a lesser cost.
What is TronLink and what is Tronscan?
MEANING OF TRONLINK: Tronlink is simply a simplified version of the Tron blockchain which gives its users unlimited and uninterrupted access to performing transactions and allowing these transactions to be done at a very low cost. Transactions that have been done on the Tronlink is simply possible based on the ability of the TronLink to Connect to the Contents of a Website which enables users to send, receive and therefore sign contracts.
The Use of TronLink makes possible importation of other Tron Accounts while still retaining the ability of new account creations.
Therefore, the TRONLINK is an official Tron Blockchain wallet present in its Tron Tokens which is therefore been linked to the TRON ECOSYSTEM. The TronLink wallet are of various forms which include;
Android
iOS
Huawei HarmonyOS
Chrome Extension, etc.
Uses Of TronLink
The Tronlink allows users access to perform numerous transactions without limit at a very low-cost price.
One core use of the Tronlink is the provision of the Tron network for its users as it is done by the MetaMask to Etherium.
Also, the Tron link Which supports
TRX, TRC-10, and TRC-20tokens, gives users the leverage to partake in voting, Freeze/unfreeze Tokens to earn rewards, etc.The Tronlink simply provides the safekeeping of users' funds.
TRONSCAN: The Tronscan is simply recorded as the first blockchain explorer which allows users the ability to confirm and also validate their transactions on the Tron Blockchain. Apart from having all the features of A block explorer which include transactions, accounts, blocks, on-chain data, etc, also supports token creation, contract deployment, voting and also Resource management, etc.
Use of the Tronscan:
One of the Major use of the Tronscan is simply in its ability to promote transparency on the Tron Blockchain by retrieving all the transactions that are been performed on the Tron Blockchain.
The Tron scan is simply used also, to check the validity of a Transaction Address
The Tron scan can also be used to access the wallet balance a user has.
Also, Transaction confirmation is been done using Tronscan.
How do you verify a transaction status(including timestamp, resource consumption(bandwidth & energy), nos of confirmations)
It is on TRONSCAN which is simply a blockchain explorer that all Transactions that are Tron Related are been verified. This verification process is done in essence to show that all transactions been performed on the blockchain were successful.
Below are a few steps to be taken/noted for verifying a transaction with the blockchain explorer (TRONSCAN).
- The first step is simply to visit the https://tronscan.org/#/ official site.
- Copy the address you wish to verify and then Input the address in the search fill provided in the site as shown in the picture below.
- As expected, all transaction details will be displayed once the wallet address has been successfully inserted.
Using Tronscan-- Examples, Screenshot? What are the different dApps can you explore using the TronLink wallet?
Among every other genetic feature of the Tronlink, Accessing various Forms of Dapps is also among the leverages uses to get while using the Tronlink wallet.
On the other hand, the Tronlink is simply an ideal wallet that is compatible and also, powered by the smart contract(written codes that enable the blockchain to function) hence giving the Tronlink the Ability to interact and communicate with various Dapps.
Below is a list of Dapps that a user can have access to by the use of TronLink.
Make a transaction(a micro-transaction) with Justswap or JustLend using TronLink wallet? Screenshot?
For carrying out transactions on justswap the following steps are utilized.
- The first thing to be done is to visit the official site https://www.tronlink.org/
- The next thing to be done is to link your tronlink wallet to the justswap site.
- Immediately the Tronlink wallet is linked, choose a token you will want to swap, and then click on the swap as shown in the screenshoot. I picked TRX and I intend swapping to WIN token.
- Then the next thing is to click on swap this is to confirm the transaction.
- Before the transaction can be completed you will have to accept the transaction by signing in and putting the receiving address (where you want the coin to be sent to).
- A sub-menu will come up showing that the transaction was successful then you will have to confirm the transaction on the TRONSCAN Blockchain.
CONCLUSION
Having read and understood the lesson, I learned that the TRON ECOSYSTEM is simply a decentralized system/network which allows users access to many other websites providing them with the connection and access to be linked TRON network. With the availability of the Decentralized system been the Tron Ecosystem, it allows users unlimited access to various Dapps.
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