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.
5. 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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6. 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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7. 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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8. ➢ 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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10. 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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11. 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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12. “To Know More About
Blockchain Based DApps
https://bit.ly/2RgD0y7
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