Decentralized Application (Dapp) - News, Opinion & Analysis


312 Articles 10 Followers

A Dapp (pronounced Dee-App) is a decentralized application in which the application’s backend code runs on a decentralized peer-to-peer (P2P) network. To provide contrast, a traditional application has its back-end code running on centralized servers. 

The advent of Dapps have been popularized by distributed ledger technologies (DLT), namely the Ethereum blockchain. Ethereum became the first blockchain-based platform to build smart contracts and decentralized applications. Currently, Ethereum remains as the platform of choice for Dapp development by developers and thousands of dapps have already been built. 

For an application to be considered a Dapp, it must often meet the following criteria:

  • The application must be completely open source. No single entity can be in sole control of its development. Developers can build the dapp and propose improvements but all changes must be decided by consensus of its users.
  • The applications data and records of operation must be cryptographically stored in a public and decentralized blockchain. This is to prevent central points of failure and downtime of the dapp.
  • The application must use a cryptographic token, whether it’s Bitcoin or a token native to the applications blockchain. The token must be used for access to the application and its associated operations. 
  • The application must generate tokens to prove the value of the nodes contributing to the application, similar to how Bitcoin uses the proof-of-work consensus algorithm. 

According to the Ethereum whitepaper, there are three main types of Dapps; apps that manage money, apps where money is involved in addition to other components, and other types of apps including voting and governance systems. 

Splinterlands - Final Hours of Season and My Review of Chest Loots

1 day ago 2 minute read mawit07

I am assuming everyone who plays Splinterlands is doing their final push to get to highest possible rating before end of season to earn chest loots. This season is the first season since the new daily quest and end of seasons were modified. Originall...

17 Apps You Definitely Need To Get Rid Off Your Phone

2 days ago 1 minute read Dominus1

There are many apps on PlayStore which in one way or the other download and use them on our precious phones. But not all that glitters is gold, why? Because some of them are malicious and carry viruses, others seek to sell your precious data by askin...

Splinterlands - Pit Ogre (Share my Weekly Battle)

3 days ago 1 minute read mawit07

  Another week and @splinterlands has be great to support another weekly post contest. Similar to last week post, I do not often use Pit Ogre. I remember I had open one when alpha packs were on sale it was my first rare. Ever since I have sparingly...

A colaboration between Cryptokitties and Grow Your Base

4 days ago 3 minute read Antwone163

NFT NYC Conference As the world of crypto-currencies expands unabatingly, providing newer option by each passing day, introducing new tokens into the market and technology that unleashes new potential, a new concept has risen on to the realm of crypt...

NFT links

4 days ago 1 minute read Antwone163

Here are the links to the NFT's

DappStats x PlayRoyal Contest Results

4 days ago 1 minute read DappStats

  Platform link The contest has concluded and below are the winners. 1st: DappStats Tiger = 3,000 TRX + 1,500 DST + 200 VOID ( Additional 500 VOID if your DappStats VIP ) 2nd: B_Crypto = 1,500 TRX + 1,000 DST + 200 VOID ( Additional 300 VOID if y...

PUML BitcoinTalk Competition - Win $50 USD #BTC

4 days ago 1 minute read jeninacrypto

PUML BitcoinTalk Competition - WIN $50 USD #BTC To Enter: 1.> Like and RT this tweet:> Follow @pumlhealthio on Twitter3.> Tag a Friend or two🙋‍♂️🙋‍♀️4.> Ask Puml Team a question or c...

EOS - Ethereum´s Big Competitor

2 days ago 2 minute read Cryptonator´s Airdrop Hunt

EOS at a glance EOS is a blockchain-based cryptocurrency. The cryptocurrency EOS has been operated by the private company since the white paper 2017 was published. On June 1, 2017, the associated software was released as open-source code. B...