DApps- The Future of Digital World - PowerPoint PPT Presentation

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DApps- The Future of Digital World

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Blockchain Based DApp is the trending topic among the blockchain communities. DApps have already started to attract a broader user group, therefore, surpassing the traditional web apps. – PowerPoint PPT presentation

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Title: DApps- The Future of Digital World


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DApps
The Future of Digital World
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  • DApps are blockchain-powered applications that
    run on a distributed network of computers.

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Characteristics of DApps
  • They are not controlled by any organization
  • No individual/consortium can shut them down
  • They have 100 uptime and no downtime

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Why Prefer DApps over Regular Apps
  • DApps can Store Values
  • DApps provide higher Synergy Levels
  • Higher-Security Standards
  • Increased Speed and Performance
  • DApps are Censorship-Independent
  • Universal Access Control

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Features of DApps
  • Open Source
  • DApps operate autonomously and the source code is
    kept open to the public
  • Secured by Cryptography
  • DApps store the user-related information on a
    tamper-proof blockchain network

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  • Tokenization
  • DApps promote the use of crypto tokens through an
    incentive-based system.
  • Consensus
  • PoW PoS algorithms contribute towards setting
    up a reliable consensus system

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Categorization of DApps Based on their Purpose
Finance-based DApps
Semi-Financial DApps
Fully-Functioning DApps
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Advantages of Decentralized Application
  • DApps do not have a single point of failure since
    they operate on a P2P decentralized network
  • It is practically impossible to manipulate the
    datasets in a blockchain-based DApps network
  • Participants have an increased trust on DApps
    because they are not owned by a single entity

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  • Stages Involved in Developing DApps
  • Drafting a Whitepaper
  • Token Sale Announcement
  • Launching an ICO
  • DApp Development
  • Implementation Testing
  • Launching the DApp

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  • To Know More About Blockchain Based DApps
  • https//bit.ly/2RgD0y7

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