Even if the crypto world is turning its eyes to Bitcoin these days, you must not forget that there are other coins. For Ethereum (ETH) is still one of the most important projects in space - and rightly in second place in terms of market capitalization.
While Bitcoin could be the decentralized alternative to central bank money, Ethereum is more characterized by its diverse applications in the field of decentralized applications. Here are five dApps that have it all.
MetaMask
One of the great narratives among Ethereum supporters is the decentralized Internet. The idea is to put the control of one's own data back into the hands of the users. Through decentralized application, Ethereum could one day ensure that a whole series of single points of failure are disempowered. The best way to implement this idea is to implement ETH as widely as possible in Internet browsers. And this is where MetaMask comes into play: the browser application is a wallet and dApp client in one and thus forms the basis for the decentralized Internet.
Brave Browser
The Brave Browser takes a similar approach, but goes one step further. Because unlike MetaMask, it is not just an extension, but a full-featured Internet browser. Brave focuses primarily on two things: user privacy and ad blocking. Brave achieves the former with the integration of Tor; users can open the private routing network in a separate tab with a single click. The latter is standard for Brave, but can be customized to suit user preference. If you don't feel restricted by online advertising, you can allow it and earn BAT Tokens as rewards.
Augur
Place bets on the block chain - there is nothing in the crypto space that does not exist. Augur is a decentralized peer-to-peer protocol with integrated oracles that specializes in so-called prediction markets. Augur itself is not a Prediction Market, but a protocol that allows users to create Prediction Markets. In essence, market participants can bet on the outcome of certain external events. Ethereum comes into play in the form of DAI tokens. DAI is a US dollar-based stable coin (1 DAI = 1 US dollar).
IDEX
For some time now, decentralized exchanges (DEX) have been considered the killer app in Bitcoin Space. However, the decentralized counterpart to Binance, Kraken & Co. does not really want to get going. One of the applicants in the now highly competitive DEX market is IDEX. The Exchange is considered the Ethereum DEX par excellence. Users are in possession of their private keys at all times and thus retain control of their ETH and all tokens tradable on the DEX. Whether decentralized Exchanges like IDEX will prevail in the future is questionable, however. Measured against the total share of crypto-trading, DEX trading is currently still a completely marginal phenomenon.
Civic
"Keep control of your data." This or something similar is a bon mot of the blockchain and crypto scene these days. Civic, among others, has devoted itself to this narrative. The wallet provider advertises that it has designed a data-secure wallet that allows users to transfer ETH, BTC and US Dollar Coin (USDC) without disclosing their sensitive data.
Furthermore, Civic enables users to prove their identity by storing personal information on the block chain. This means that personal information does not have to be stored on external company servers for each new registration.
