An Introduction to Decentralized Applications.pdf
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Decentralized applications (dapps) are programs that operate on a blockchain, offering advantages such as enhanced security, censorship resistance, and a trustless environment compared to traditional applications. They are open source and run on peer-to-peer networks, ensuring transparency and decentralization. Various platforms like Ethereum and EOS facilitate dapp development, with notable examples including Augur and MakerDAO.
An Introduction to Decentralized Applications.pdf
- 1. An Introduction to Decentralized Applications DApps Development Company www.lbmblockchainsolutions.com
- 2. About Decentralized Applications (DApps) Dapps are decentralized programs that run on the blockchain. Dapps look like same as our traditional apps but one key difference between Dapps and traditional apps is that Dapps are hosted on a decentralized end-to-end network and on another hand our traditional apps are hosted on a particular server. it is the main reason Dapps are more secure and popular than Our traditional apps. Decentralized applications offer many benefits over traditional centralized applications including censorship resistance, security, and trustlessness. Popular platforms DApps Development Company provides for the development of decentralized applications including Ethereum EOS, NEO, Dether, etc. While Augur, MakerDAO, Gnosis, and IDEX are some examples of successful Dapps built on Ethereum’s blockchain.”
- 3. The defining characteristics of a DApp are as follows: Open source — The codebase of a DApp is open source and available for anyone to review. This allows for transparency and security. Decentralized — A DApp is decentralized, meaning it is not controlled by a single entity. This allows for censorship resistance. Running on a peer-to-peer network — A DApp runs on a peer-to-peer network, typically a blockchain, which allows for trustless transactions.
- 4. CONTACT US GR Tower, 3rd Floor, Phase 8-A, Industrial Area, Sahibzada Ajit Singh Nagar, (Mohali) Punjab 140308 +91-8448443318 info@lbmsolutions.in www.lbmblockchainsolutions.com