Tron, the eleventh largest coin on CoinMarketCap, has been fighting the bears in the market, despite the larger crypto-market’s positive price movements. The Tron Foundation and the BitTorrent [BTT] team had been updating the community about developments in the ecosystem. On May 15, Tron managed to register a new block height and surpass the transactions of Ethereum [ETH] and EOS DApps.
Misha Lederman, a prominent Tron proponent, announced that the coin surpassed 100k daily active users, via his Twitter handle. Lederman shared,
“#TRON just surpassed 100k daily active users on its DApp ecosystem for the first time in #TRX blockchain’s history!”
Tron DApp noted 102,497 daily active users and the DApps live in the DApp ecosystem were recorded to be 434. The USD volume was noted to be $18.3 million and 24-hour transactions were reported to be 1.4 million transactions.
The proponent further added,
“100k users is a major achievement for TRON since TVM launch Oct 2018, but will be a blimp on the chart in the coming months as more sophisticated DApps attract #TRX users in the millions”
However, these updates were failing to contribute to the price of TRX as it remained at $0.2604, with a market cap of $1.74 billion. The 24-hour trading volume of the coin was noted to be $915 million, after it fell by 10.11% over the past day. Over the past seven days, the coin noted a growth of 11.27% over, but fell by 1.36% in an hour.
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XRP TipBot comes back online after a tiny downtime; Nothing to be worried about, says Wietse Wind
XRP TipBot’s website and the corresponding application suffered a downtime on June 23, 2019 for a few hours, during which the application wasn’t showing the balance of users. The website and the API for TipBot instead, displayed a “500 Internal Error.”
A Twitter user, @BlueNETGaming, tweeted Wietse Wind, inquiring the same. Wind confirmed that it was just an “infrastructure blip,” and that there was nothing to be worried about.
Oops! Sorry! Infrastructure blip. Really easy fix but I enjoyed an offline afternoon with my girls 😇 So I only found out after some time, when I checked my phone. Monitoring, messages, calls 😇 Social media tips went through during the downtime. Sorry! 😆
— Wietse Wind (@WietseWind) June 23, 2019
XRP TipBot is probably the first and most widely accepted use-case of XRP. It leverages the transaction settling time of XRP Ledger to make tipping easy among peers on Twitter, Reddit, and other platforms, and this was the brainchild of developer Wietse Wind.
After TipBot, a lot of other cryptocurrencies have tried to mimic this idea of facilitating tipping; an example being Bitcoin’s, Tippin.Me which leveraged Lightning Network for tipping users. Although successful, it isn’t as popular as Wind’s TipBot.
The reason behind the same is that XRP Ledger allows transaction settlement in under 5 seconds, which makes tipping fast and efficient, unlike Bitcoin’s transactions which take a few minutes for transactions to be confirmed.
This is same reason why XRP is being used as a liquidity provider for cross-border payments in Ripple’s proprietary product, xRapid.
XRP community is a tightly-knit community with people who are very bullish about XRP’s success. There are equally talented developers in the community who are developing apps that help create more use-cases for XRP.
SchlaubiDev is one such developer known for developing plugins for Gmail and Microsoft Office, plugins that allow a user to send XRP over e-mails.
Ripple has identified Wind and his team’s talent and inducted them into Xpring, which finances them to help develop more community-based apps for increasing XRP use-cases.
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