Category: 3. Decentralized Applications In Blockchain (DAPPS)

Like the name suggests, a centralised app is owned by a single company. The application software for such an app resides on one or more servers controlled by the company. All users interact with the app by downloading a copy of the app and then sending and receiving data back and forth from the company’s…

Ethereum: Localised Applications These are simply the decentralised applications that are powered and developed using the Ethereum platform. Ethereum dApps use smart contracts for their logic and are deployed on the Ethereum network and use the platform’s blockchain for data storage. Today, ethereum is the most common platform to deploy a dApp. Ethereum includes a…

The major disadvantage of dApss right now is that it is still in a pretty novice stage and thus, a lot of experimentation is needed to correctly exploit its potential and prevent any misuse. There are doubts regarding effective scalability, particularly in the event that an app requires significant computations and overloads a network, causing…

Decentralised applications (dApps) are digital applications or programs that exist and run on a blockchain or a peer-to-peer network of computers instead of a single computer. DApps (also called “dapps”) are outside the control of a single authority and follow a decentralised decision making system. DApps are often built on the Ethereum platform—can be developed…