On July 10, DappReview released its Dapp market report for the second quarter of 2020, reporting a record $16.73 billion in Dapp market transactions in Q2, up 153.7% from Q2 last year ($6.59 billion). Ethereum DeFi was the strongest, with total transaction volume up 403% from the same period last year. In addition, risk Dapp has also quietly become popular in EOS and wave field network, among which spinach application is still the most important type of Dapp in wave field network, and various applications are also ready to appear, opening the market competition of Dapp. Led by Ethereum with 85.3% of total exclusive transactions, although the transaction data of Dapp continued to rise, due to the performance limitation of Ethereum network, the active users in the network did not increase significantly. On the contrary, due to the continuous expansion of financial and transaction Dapp trading volume, the network was severely blocked, resulting in a large loss of game Dapp users, which decreased by 29.21% from the previous month.
Such a phenomenon can not help but arouse our reflection. If when the trading capacity of the blockchain network is extremely limited, the emergence of a Dapp with the explosive growth of a user’s trading volume leads to a significant decline in the experience of other Dapp users established in the same public chain, what is the fairness of such a blockchain network? Is it really possible to achieve large-scale commercial application landing? The answer lies in the minds of markets and users.
Many teams in the industry have come up with different solutions to this problem, among which NGK, a public chain project from the United States, has shown good performance in terms of development potential and technical feasibility. Mentioned above Dapp influence each other between the cause of the decline of the user experience, NGK is adopted the way of main chain + across chain “a chain is a scene”, guarantee the resources effective isolation, let platform have the ability to scale and Dapp of male chain has led to the decrease of the other Dapp user experience will be put an end to this situation. For the trend of the growth of Dapp in the field of spinach, NGK public chain has also initially completed the layout cooperation with well-known overseas spinach companies, and will provide users with more reliable entertainment services in the future.
In order to lower the threshold for Dapp developers to develop Dapps on NGK, NGK.IO will provide Dapp developers on the NGK side chain with Chinese and English version of development documents, developer tools and other services, so that developers can efficiently deploy products on ngK. IO side chain. For side chain creation, developers only need to create an account, charge a certain amount of NGK in the account and invoke the contract to initiate the application for side chain creation (the specific amount of mortgage is agreed by the production nodes). If more than 2/3 of the production nodes vote in favor of the side chain node creation, the side chain node creation can be completed within 10 days. Ngk. IO greatly reduces the development of Dapp for developers, simplifies the process of creating side chains, and further lays an excellent foundation for the development of Dapp on NGK public chain.
2020 is destined to be the year when Dapp takes off and truly reaches users. Among many project teams in the industry, NGK realizes the bottom construction and the top application with its industry-leading excellent technology and strong support for developers, and is bound to soar in the field of Dapp.