- The decentralized blockchain project has also taken on smart contracts along with an entrusted proof-of-stake system. This combination makes the transactions faster having an effective scalability with minimal fees.
- Some more tools offered under this partnership are Token God Mode, Wallet Profiler, and some other modern analytics tools that will help users swiftly point out the opportunities offered under the TRON network.
- Adding more to this, the Virtual machine of this project is designed to intensify the overall process by implementing smart contracts effectively.
On November 19, Nansen, an on-chain analytics firm, announced its collaboration with TRON DAO, a community-governed, decentralized blockchain project. This partnership will amalgamate TRON to Nanden 2.
This collaboration will help in growing TRON with the help of on-chain analytics. Nansen has also given permission to TRON to use its data for making more instructed decisions for their dApps. They can track the user interaction with different applications which will help them to make a better dApp design. Overall, this will lead to high user interaction and boost the TRON ecosystem.
The collaboration benefits the TRON ecosystem
The decentralized blockchain project has also taken on smart contracts along with an entrusted proof-of-stake system. This combination makes the transactions faster having an effective scalability with minimal fees.
Adding more to this, the Virtual machine of this project is designed to intensify the overall process by implementing smart contracts effectively. This will help the users as they will have to pay lower transaction costs.
The founder of the decentralized blockchain project, Justin Sun commented on the matter, “The TRON network is leading the blockchain revolution, and the latest collaboration with Nansen will help in improving the interaction of developers as well as the community with the ecosystem.”
Currently, over the TRON platform, there are 22.7 million Tether (USDT) holders and 4.2 million Ethereum holders. Adding more to this, a recent peak of 7.71 million transactions in just one day has been witnessed by the platform. It has shown higher user engagement on the same day.
What is the TRON Macro Dashboard?
Nansen has introduced the TRON Macro Dashboard under this collaboration. This dashboard will offer investors as well as developers an actual time, detailed view of the performance of the TRON ecosystem.
Some more tools offered under this partnership are Token God Mode, Wallet Profiler, and some other modern analytics tools that will help users swiftly point out the opportunities offered under the TRON network. This also offers the community some insights with increased transparency to constructively use the blockchain offerings by TRON.
