DECENTRALIZED APPLICATIONS(Dapps) ON TRON ECOSYSTEM.

in Tron Fan Club2 years ago (edited)

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Hello 👋 once again to my fellow Tron enthusiasts,
This is going to be my third post in this community after recently joining this great community. So in respect to the initiative of the community I will be talking about some few decentralized applications on Tron network.

What are Decentralized Applications??
Decentralized applications(Dapps) as can be realized in the name itself is an application on that operate on the blockchain system through the use of smart contracts. These applications are greatly recognized for their use of distributed ledger technologies to validate transactions. Decentralized applications are also known for their ability to aid users execute transactions honestly and fairly without the involvement of a third party or a middleman. Dapps are known for being transparent and trusted which has encouraged users to make use of some the features in it like decentralized finances(Defi) and many others.

Decentralized applications(Dapps) run on an open source decentralized space on the blockchain network. These applications have grown to be categorized into different functions like games, finance, exchanges, wallet governance and many others categories. These classifications of the dapps are based on the fact that the operate on their own blockchain.

There are over 1000s of dapps running of the blockchain network some of which are Ethereum integrated dapps and others are Tron integrated dapps. I will be throw some light on a few Tron integrated dapps on Tron network.

1. Sunswap.

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Sunswap is a decentralized Tron based exchange protocol used to exchange between TRC20 tokens. This dapp was the first exchange dapp on the Tron network. Sunswap currently has $ 1,359,261,419 of its total value locked assets. It is also the most known and used dapp on Tron network and it helps the Tron ecosystem to grow.

2. JustLend.

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JustLend is the first ever peer to peer lending platform to be developed in the Tron network where users can borrow and deposit assets to earn interests. This dapp was aimed to helps users with financial goals. The total value locked on justlend is $1,929,907,534.

3. Luminous.

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Luminous is a crypto gaming system built on the Tron network. Luminous consist of two gambling games which are megabit and lucky dice. The megabit is a game of prediction, users predict the possible trend of Bitcoin to earn rewards and the lucky dice game also reward gamers on rolling the dice.

Decentralized applications(Dapps) are one of the reason cryptocurrencies are recognized and growing. Take for instance these dapps games, there are over millions of users participating in them just to recieve crypto rewards and the more the assets in circulation the more that asset grows. Thank you for reading through🙏.

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You've got quite an interesting and educative post here.. keep up the good work

Thank you 🙏 bro real appreciate

 2 years ago 

Well Explained Post on DApp. Well to know on three popular Dapps based on Tron Blockchain. The tag suggested by the community rules is #trxfanclub . Please edit the tag and use correct tag in next post. Best of Luck.

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