Hello

Everyone in this great community. Hope you ll will be well ad happy so this is the lecture of the very talented Professor @wahyunahrul. He is one of my interesting professors. Am very happy to write his homework task.

This lecture is all about the DApps so first of all we should have knowledge about the DApps.

DApps

Dapp is a decentralized application built on a decentralized network. It has a backend code working on the decentralized peer-to-peer network. So this system provides freedom to everyone on transactions and our information of wallet without any interference any central system.

Question 1

Will DApps be able to replace centralized applications in other fields in the future?

As the creation of Dapps made a great success in the world of digital decentralized networks. In my opinion, a Dapp is better than a centralized network. Following are some reasons why I prefer Dapps.

Privacy

Dapps makes our privacy very strong. We don't need to provide our real-world identity for making interactions with Dapp. It is one of the Unique features of Dapp because it protects our privacy.

Open Source

Dapps are said to be open source. So it encourages rapid and secure growth of the ecosystem. This is also a good feature of Dapp because by this we introduce many useful things.

Censorship Resistance

oN this network, any entity can not block us from reading data from the blockchain, deploying Dapps, and doing transections to other users. This shows the freedom to work on this platform.

Complete data integrity

The whole data stored in the blockchain is immutable. And if anyone posts his malicious actor or comment it could never re-edit his comment.

Verifiable Behavior

In this system, the smart contracts examine and are guaranteed to accomplish in foreseeable ways without any need to trust the central authority.
For Example:
WHEN WE USE the online banking system then we have to trust the financial institutes that they don't misuse our financial data or get hacked.

• Zero downtime is also a benefit of the Dapp system. It is also very essential.

Question 2

Is there a possibility for DApps to steal user data?

No way they don't steal our data. Its biggest reason is that the system is decentralized and based upon the decentralized system. the website which works on the blockchain can never be hacked but if Dapp is based upon a central authority then it will be hacked. So by this, we have an idea about this that it can never be hacked or no one can steal our data.

Question 3

Explain the ways in which a DApp promotes its application to the public?

Dapps promotes its applications to the public in so many ways. Here I explain the following ways:

Social Platform

Dapp often uses the many social media apps to promote their applications because it is an era of social media as everyone uses the social media platform. So social media platforms like Facebook, Twitter, Instagram, discord are often used for this purpose. So social media is a very fast way to promote everything.

Websites (Dapps.com)

Most of Dapps promotes at the most popular website Dapps.com so there are many options for promoting dapps in many ways.

Source
Here the whole information is present about the numbers of promotions of the dapps on many platforms like Facebook, Twitter, Telegram, etc.
The dapp is publicized here with banners and ads so this is really a fast way to promote the dapp.
We can promote our dapp by using this website.

Source

Dapp directory websites

When any Dapp launches then it is publicized on the Dapp directory websites. Many people visit here to find the best dapp so it is also the biggest store of the dapp.

Source

Question 4

Choose a DApp and do a detailed analysis that proves that the DApp is a good one to use.

First of all oppen the dappradar.
After that, we see here some dapps on many topics like Defi, gambling, and exchanges. So at the top click on the four dots.

So by clicking on the dots then this will appear to us. Let see

After clicking on the RANKING option the top-ranking Dapps will appear to us so I chose here the PancakeSwap so let seeing the screenshot.

So let's check more information about the PancakeSwap.

Let's check now the statics of the PancakeSwap.

On the main page, there are Two Options for Trade

• No.1

Connect Wallet

• No.2

Trade Now

After that, I click on the Connect to Wallet.

After that, I see here some wallets so I install Trust Wallet and click on the option of trust wallet. This is really a very easy way.

After that we connect our wallet with the trust wallet and then so very easy;

Question 5

If you were a DApps developer, what kind of app would you like to create? Explain all the details of the DApp plan that you will make

If I were a DApp developer I would like to create the Gaming Dapp which provides the cryptocurrency to the players. Because if we notice that there are many people who play games all the times and spend most of their time in plying games. If we launch any cryptocurrency in the games then it will soread very fast and in days it will be very popular. It wouldbe a great idea.So it would be a best idea or way to promotes many cryptocurrencies. We will present the cryptocurrencies on banners and give the events in the games and promote them on showing in main menu.

Hope you will like my post
Thanks a lot.

Special Thanks

@wahyunahrul

Writer

@ansari00046