DApps

The Future of Digital

World
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DApps are blockchain-
powered applications that run
on a distributed network of
computers.

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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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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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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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➢ 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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Categorization of DApps
Based on their Purpose
Finance-based DApps

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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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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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To Know More About
Blockchain Based DApps
https://bit.ly/2RgD0y7

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