Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats

Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats
With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts.Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain. From tokenized assets and blockchain-based legal contracts to healthcare records and supply chain tracking, DApps are going to remold traditional industries in their image, solve bottlenecks and revolutionize enterprise inefficiencies out of existence.More than three years later, and we’re still waiting for the revolution.The Hard Truth of Modern DApp UseTaken in sum, Ethereum’s top 10 smart contract addresses account for just over 29 million transactions. Sounds substantial, as though the network is cracking on toward mainstream adoption, yeah? The reality: this transaction volume went to DApps that are used for token sales, decentralized exchanges and trading digital kittens.Source: SFOX This is according to research by SFOX, a cryptocurrency prime dealer for high net worth individuals with backing from the likes of the Digital Currency Group and Blockchain Capital. The data was compiled on behalf of SFOX’s clients, the firm told Bitcoin Magazine, as it “regularly reviews the usage of blockchains of the crypto assets [it] supports.” Using Jupyter Notebook to pull data from Google’s public data... For Further Information Click on Below Button
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