Hello everyone, with the popularization of blockchain technology in recent years, the fourth App application revolution has arrived~
[This article is organized by mkz888z, if there is a need for project incubation, please feel free to communicate! 】
The concept of decentralization or "DAPP" has become very popular on the Ethereum platform. In fact, the main purpose of Ethereum is to release smart contracts so that everyone can communicate with each other on a decentralized platform and send them like broadcasts, thereby reshaping these "new blockchain species, DAPP (distributed application) new ecology"
Conditions that DAPP applications need to meet:
1. The application must be fully open source and autonomous, and no entity controls more than 51% of the tokens of the application. The application can be upgraded according to user feedback and technical requirements, and the application upgrade can only be carried out after most users reach a consensus;
2. The application data is encrypted and stored on the public blockchain;
3. The application has a Token mechanism, and miners or application maintenance nodes need to be rewarded with tokens;
4. The generation of application tokens is based on a standard encryption algorithm, and valuable nodes can obtain application token rewards based on this algorithm.
The different underlying blockchain development platforms of DAPP are like the IOS system and Android system of a mobile phone, and are the underlying ecological environment of each DAPP. DAPP is a variety of distributed applications derived from the ecology of the underlying blockchain platform, and it is also a basic service provider in the blockchain world. DAPP is to blockchain, what APP is to IOS and Android.
The difference between DAPP and APP:
DAPP corresponds to APP. The difference between the two is that the data interaction of the DApp is completed by the smart contract (S-rt Contract) deployed on the blockchain, which has the attribute of non-centralization; the data interaction of the APP is centralized or distributed. The server is complete. To put it simply, DAPP is to the public chain, which is equivalent to APP to iOS. The difference of the system is that the App is centralized and DApp is decentralized.
Payment processing: smart contracts are automatically executed, decentralized transactions, users can directly use cryptocurrency for peer-to-peer transactions;
User credentials: Using the public key and private key system, users can easily process and bind user sessions and metadata with varying degrees of anonymity, thereby eliminating the lengthy registration process;
Information security*: User information is stored safely, data is difficult to be tampered with, and information is guaranteed to be true and reliable; all data related to information privacy will not be leaked, and all data contracts running on distributed networks will not be tampered with;
Trust and auditability: The open source DAPP code is accessible and understandable to knowledgeable users. This transparency and inherent security of internal data allows applications to be trusted. The publicly queryable records on the blockchain also make transaction information easy for users or third parties to review.
In which industries will the application of blockchain (DAPP) be implemented first in the future?
1. Emphasize commercial points, copyright circulation and entertainment games;
2. As for the application landing direction, we think we still focus on Internet applications;
3. Commercial points, the second generation of Taobao may appear;
4. Application scenarios of copyright circulation transactions;
5. The application of entertainment and games landed.
[This article is organized by mkz888z, if there is a need for project incubation, please feel free to communicate! 】