What are dApps?
DApps stands for decentralized applications and is known as open-source applications which interact and engage with smart contracts (10 creative dapp examples). An application built on a decentralized network that combines a front-end user interface, and smart contract is known as a decentralized application. The decentralized applications are based on different blockchain platforms, including ethereum, EOS, Polkadot, hyperledger, and many others. Dapps lower the risk of errors and failures since they don’t depend on central servers. That’s why dApps are much more reliable and efficient than traditional apps. Decentralized applications eliminate the need for middlemen or intermediaries between service providers and users, creating more freedom, transparency, low risk of data, and openness. The dApp development process is quite rigorous and challenging because of its nature and demands sufficient care and attention. This is why the deployment of dApps must be done by professionals since later fixes, and major updates can’t be introduced simply.
Features of dApps
- Decentralized
Ethereum is the platform on which decentralized applications operate. This is an open, decentralized platform, so no group or person has direct control over it.
- Deterministic
Regardless of the environment where dApp technology is executed, they perform similar functions everywhere.
- Isolated
Ethereum virtual machine is the virtual environment where decentralized applications are generally executed. Therefore in case, there is a bug in smart contracts, then the normal function of the blockchain network won’t be hampered in any way.