A Small Information About Dapps


Please briefly explain why you feel this question should be reported .


What are DApps?

Dapps are Decentralized Applications that run on peer-to-peer networks or the blockchain. A standard app runs on a centralized server, while a decentralized app runs on a p2p network. 


What makes a dApp?

  • Every record of operation, including the application’s data, must be stored on a decentralized platform. This is crucial to avoid a central point of failure.
  • The decentralized Ethereum application must be autonomous, which means no centralized authority should have control over its majority of tokens.
  • The application should use cryptographic tokens to let people access it. Also, if the developers make any contribution, they should be rewarded in the application’s tokens. 
  • I.e. if the app’s name is Zengo and its tokens are ZNG like BTC, the contributors should be rewarded in ZNG, which they could later convert to BTC or USD.
  • Ethereum Dapp should generate tokens based on the standard cryptographic algorithm. This is a proof of value that nodes are contributing to the dapp.

Blockchain Firm develops Ethereum-based dapps with the highest accuracy .Dapp Development Company

Technology 2 years 0 Answer 211 views Pioneer 0

About isabella ariaPioneer

Blockchain Technology Blogger, Researching And Gathering New Information About Blockchain Technology...Fashion Tech…Interested in Painting,......

Follow Me

Leave an answer


Captcha Click on image to update the captcha .

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>