DApps

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Decentralized applications use blockchain technology to connect users and providers directly without the use of a middleman. Some criteria for DApps are:

  • Open-sourced - The source codes are available to the public.
  • Decentralized - Everything is stored in a public ledger.
  • Agreed upon cryptographic algorithm - Utilizing Proof-of-Work (PoW) or Proof-of-Stake (PoS) to show proof of value.
  • Incentivized- Having a reward for blockchain validating users.

DApp Platforms

Ethereum

Current leader when it comes to DApps. Top applications include:

Cardano

Neo

QTUM

EOS