Tron Ecosystem - Steemit Crypto Academy Season 5 - Homework Post for Task 1

in hive-108451 •  3 years ago  (edited)

Hello, dear friends, I am @mrsokal. I am going to write my 5th post in Steemit Crypto Academy. Previously I wrote about the Decentralized Applications (dApps). Today I am going to write about Tron Ecosystem.

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Image designed in Canva | by @ mrsokal

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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?

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Question 1 : What is TronLink and Tronscan?


TronLink


The Tronlink is more like a doorway or access through to the ecosystem. It is the formal blockchain wallet of the tron ecosystem. The Tronlink separate from being the wallet for the TRX performs other functions like coin swapping of the tron compatible asset, freezing and unfreezing of the tron and assets which are connected to tron.

By saying connected asset to tron I mean TRX, all TRC-10, and TRC-20 tokens.



Screenshot taken from my pc at https://www.tronlink.org

Just like any other digital wallet while entering or by downloading the application or directly through a Chrome extension, it is essential that it must be individualized. That means users must create or import an account here. To create an account users need to set up a username and a password that should be kept very securely because this system is decentralized and each user is responsible for the security of their data. Users can generate or create a new account for free. It is notable that the Tronlink wallet is supported by devices like Android, iOS, and the Huawei HarmonyOS.

Specialities of TronLink

  • It's easily suitable
  • It is a compact or package or all in one wallet
  • It is easy to use
  • It is very secured to handle
  • It's easily organized or structured
  • It uses smart contracts
  • It allows users to communicate with the Dapp
  • It approves all Tron link
  • They are different variations

Tronscan



Tronscan is the first search and exploration mechanism on the Tron network. Justin Sun developed Tronscan. It is highly advanced and easy to use and understand. TronScan is a wallet that we can use to send, receive, and manage TRON tokens and interactions with the dapp.


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Screenshot taken from my pc at https://tronscan.org

When a user will log into the home page of the tronscan, a lot of searchable title information will be displayed for the user to easily use it. Users can find information like the Block, transactions, TVL, Stablecoin, Resources, Contract Triggers, etc.

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Question 2 : What are its uses?


Uses of Tronlink


  • We can receive or send tokens at very low commissions

  • We can make transfers to other wallets that support Tron Network tokens.

  • We can exchange tokens with various DApps such as JustLend, Justswap, Poloni Dex, among others.

  • We can store tokens from various wallets.

  • We can perform voting actions.

  • We can check the exchange rate here.


Uses of Tronscan


  • WE can check the validity of a wallet address to prevent making transactions to the wrong address.

  • WE can confirm the success or failure of a transaction.

  • We can check the transaction hash.

  • We can the time and date of a transaction on the blockchain.

  • We can vote for the Super Representatives, with the only requirement of having at least 1 TRX.

  • We can create a new token here.

  • We can check the previous transactions in the Blockchain.

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Question 3 : How do you check the status of a transaction timestamp, resource consumption (bandwidth and power), commit numbers, using Tronscan?


Step 1

At first, go to this link: Tronscan, in this case, I entered it from my pc.


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Screenshot taken from my pc at https://tronscan.org

Step 2

Then enter an ID or a hash of the transaction that we want to verify into the box provided for that on the page.


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Screenshot taken from my pc at https://tronscan.org

Step 3

After that from the selected transaction we can observe its hash, hash of the recipient and sender, time stamp (time and date), resource consumption.

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Screenshot taken from my pc at https://tronscan.org

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Screenshot taken from my pc at https://tronscan.org

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Question 4 : What are the different dApps that you can explore using the TronLink wallet?


All kind of digital applications that exist on a blockchain or P2P network of computers instead of a single computer or control of a single authority or organization is called dApps. There are 34 dApps available on Tronlink. They are divided into three different groups. They are :
  • Games
  • Exchange and
  • Other dApps

Among all the dApps JustLend, Tronscan, Justswap, Sun, Poloni Dex, ZrWrapper, games like Chainz Arena and Blockchain Cuties are most popular. In the discovery section of the Tronlink wallet, you can easily find all the available dApps.


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Screenshot taken from my pc at tronlink chrome extention

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Question 5 : Make a micro transaction with Justswap or JustLend, using the TronLink wallet


Step 1

At first, go to this link: Justswap, in this case, I entered it from my pc.

Step 2

Then, we have to select the token we want to covert from. For example i will go with tron(TRX) and click on the "select a token" dropdown in the second space to select the currency here i will choose ethereum(ETH).

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Step 3

After that, we have to enter the amount of tron(TRX) that we want to convert. Then we connect our tronlink account to our justswap's by clicking on the "connect to wallet " below to connect the two.

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Step 4

After connecting, we will just have to click to complete our justswap transaction.

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That's it, a message will arrive informing you that we have completed the exchange.

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Conclution

In the end, i want to thanks Prof @sapwood for this great opportunity. Today i learn a lot about TronLink, Tronscan, How to verify a transaction status using Tronscan, dApps, how to make a transaction with Justswap using tronlink. Now i installed tronlink in my chrome and from now i will use it.

I have answered all the questions given. If there is something wrong or missing then pardon me and give a chance to make it right. Thanks for reading.

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