Ethereum [ETH] dApp users drop as EOS and Tron dominate the market

Fibo Quantum

EOS tops the dApps chart with its PRA CandyBox listing on blockchain dApps website, Dapp Radar. In the list of the most popular dApps on the website, EOS is in competition with Tron’s dApps. However, this finding is not good news for Ethereum [ETH] as it holds only one dApp in the top 30. On the other hand, EOS has 13 of its dApps listed.

Ethereum’s platform has a total of 1,812 dApps against the 323 dApps that EOS has. On the contrary, a recent report suggests that more than 50% of EOS dApps are used per day, while only a mere 10% of the ETH dApps were used daily.

A huge disparity is noted in terms of the volume of transactions per day on the two blockchains. Transactions on the Ethereum network are around 200,000 per day while EOS executes 450,000 transactions per day.

According to charts published by dApp Radar, daily users of the ETH dApps from December 2017 to February 2018 shaped a large volume, rallying above 17000. The numbers fell for a period of three months but continued to maintain a minimum user base of 8500.

The lowest phase recorded for the dApps on Ethereum was registered in July 2018, when the users per day fell below 8000. Gaming is the most popular space on the ETH platform with 1535 users, while gambling, exchanges and marketplaces have 1535, 800 and 162 users respectively.

Besides, another dApp to join the EOS bandwagon is NEO network’s Effect, the popular AI-powered dApp. It was launched on the NEO blockchain in 2017 and will migrate to the EOS decentralized platform soon.

The reason cited by Jesse Eisses, CTO of Effect.AI stated:

“The current implementation of the blockchain can’t get to the promised transaction throughput and the smart contract compilers besides C# are still immature.”

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Chayanika holds a Journalism degree and is currently working with AMBCrypto. She is inquisitive about everything that the Blockchain Technology has to offer.