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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