Ethereum blockchain undergoes massive cryptocurrency gambling exodus

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Ethereum blockchain undergoes massive cryptocurrency gambling exodus
By David Canellis


Cryptocurrency gamblers have left Ethereum-based decentralized apps (dApps) en masse. They’ve converted almost entirely to gambling on competing networks, taking their transactional volume with them. Blockchain research unit Diar studied three blockchains that support dApps, Ethereum, EOS, TRON, to determine just how much US dollar value is processed on each network – and by what kind of dApp. It discovered that dApps deployed on EOS and TRON are now responsible for 94 percent of all the US dollar value transacted across the three protocols. Surprisingly, 55 percent of that traffic is coming from EOS, and 36 percent is flowing through dApps deployed…

This story continues at The Next Web


January 29, 2019 at 11:18PM
via The Next Web http://bit.ly/2Sf6yOv

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