A decentralized social media application, CRYPTO SPACE offers a new way to connect with people and learn about blockchain and the cryptocurrency market. It is a ready-to-use platform that provides secure and direct interactions
One of the main reasons for developing a decentralized social media application is to create an account that is not owned privately but instead stored on the public blockchain where it is not subject to private ownership.
4. A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a
database, a blockchain stores information electronically in digital format. Blockchains are best known for their
crucial role in cryptocurrency systems, such as bitcoin, for maintaining a secure and decentralized record of
transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data
and generates trust without the need for a trusted third party.
A database usually structures its data into tables, whereas a blockchain, as its name implies, structures its data
into chunks (blocks) that are strung together. This data structure inherently makes an irreversible timeline of data
when implemented in a decentralized nature. When a block is filled, it is set in stone and becomes a part of this
timeline. Each block in the chain is given an exact timestamp when it is added to the chain.
• Blockchain is a type of shared database that differs from a typical
database in the way that it stores information; blockchains store data in blocks that
are then linked together via cryptography.
• As new data comes in, it is entered into a fresh block. Once the block is
filled with data, it is chained onto the previous block, which makes the data
chained together in chronological order.
5. • Different types of information can be stored on a blockchain, but the most common use so far has
been as a ledger for transactions.
• In Bitcoin’s case, blockchain is used in a decentralized way so that no single person or group has
control—rather, all users collectively retain control.
• Decentralized blockchains are immutable, which means that the data entered is irreversible. For
Bitcoin, this means that transactions are permanently recorded and viewable to anyone.
7. Working
The goal of blockchain is to allow digital information to be
recorded and distributed, but not edited. In this way, a
blockchain is a foundation for immutable ledgers, or
records of transactions that cannot be altered, deleted, or
destroyed. This is why blockchains are also known as
distributed ledger technology (DLT).
10. Tech Stack
Polygon
It addresses the challenges
faced by Ethereum such as
high fees, poor user
experience, and low transaction
count per second. One of the
methods used to address these
issues is providing a framework
for Proof of Stake transactions.
Solidity
Solidity is an object-oriented
programming language for
implementing smart contracts
on various blockchain
platforms, most notably,
Ethereum.
Node.js
An open-source, cross-
platform, back-end JavaScript
runtime environment that runs
on a JavaScript Engine and
executes JavaScript code
outside a web browser, which
was designed to build scalable
network applications
Swift
A general-purpose, multi-
paradigm, compiled
programming language
developed by Apple Inc. and the
open-source community.
Python
It is a high-level, general-
purpose programming
language. Its design philosophy
emphasizes code readability
with the use of significant
indentation. Python is
dynamically-typed and garbage-
collected.
13. The majority of cryptocurrency applications offer their users
a lot of complex information. Crypto trading platforms, for
instance, contain domain terminology and comprehensive
quote charts. As a result, it may be challenging for users,
especially non-professional traders and investors, to
interact with the product and perceive content. With the
goal to prevent confusion of customers, it is important to
develop an intuitive UI when making a crypto app design.
Focusing on clarity and simplicity, UI experts need to make
each screen serve a certain purpose. What’s more, the user
interface should not be overcrowded with graphic elements
(buttons, icons, pop-up windows, and others). In addition,
we recommend that you keep a color palette concise and
not too bright in order not to draw user attention away from
solution functionality and information. So, designers
generally use contrasting colors to only highlight the most
important information or call-to-actions.
15. Crypto app design is an important project stage, vital to ensuring a seamless
customer experience and a feeling of security. Here are some key points we would
like to highlight for you to sum things up:
•Prior to design, it is crucial to research end-user goals to tailor the application
accordingly.
•By working out a convenient information architecture, a company can provide smooth
navigation between screens, enabling users to find what they search for as quickly as
possible.
•With proper visualization of crypto data, an organization will increase customer
satisfaction and prevent churn.
•The use of trust signals will raise the credibility of your services.
•Educational content will help you attract non-professional traders and generate
higher profit.
•By explaining the cryptocurrency advantages to users, you will eliminate the fear of
the unknown.
16. . To deliver software that meets user goals and
expectations, we identify and segment the target
audience, discover the pain points and preferences of
each group, as well as conduct competitor analysis.
We also perform user testing to find out whether real
people enjoy the product and what can be improved. This
thoughtful approach will allow us to implement a number
of successful projects