Difference between revisions of "DApps"
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2. Decentralized - Everything is stored in a public ledger. | 2. Decentralized - Everything is stored in a public ledger. | ||
3. Agreed upon cryptographic algorithm - Utilizing [[Proof-of-Work]] (PoW) or [[Proof-of-Stake]] (PoS) to show proof of value. | 3. Agreed upon cryptographic algorithm - Utilizing [[Proof-of-Work]] (PoW) or [[Proof-of-Stake]] (PoS) to show proof of value. | ||
| − | 4. Incentivized- Having a reward for [[blockchain]] | + | 4. Incentivized- Having a reward for [[blockchain]] validating users. |
== DApp Platforms == | == DApp Platforms == | ||
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=== Rising Platforms === | === Rising Platforms === | ||
* [[Cardano]] | * [[Cardano]] | ||
| − | * [[ | + | * [[Neo]] |
* [[QTUM]] | * [[QTUM]] | ||
Revision as of 21:54, 16 March 2018
Decentralized applications use blockchain technology to connect users and providers directly without the use of a middleman. Some criteria for DApps are:
1. Open-sourced - The source codes are available to the public. 2. Decentralized - Everything is stored in a public ledger. 3. Agreed upon cryptographic algorithm - Utilizing Proof-of-Work (PoW) or Proof-of-Stake (PoS) to show proof of value. 4. Incentivized- Having a reward for blockchain validating users.
DApp Platforms
Ethereum
Current leader when it comes to DApps. Top applications include:
- Crypto Kitties Platform for trading, breeding and collecting crypto kitties
- Basic Attention Token For online advertising
- Ethlance Platform for hiring freelancers or working for Ether cryptocurrency
- Etherisc For decentralized insurance
