Cryptoacademy | Season 3 Week 7 | Dapps by @amritraj
Hello everyone hope you all are doing well and good. I learned about Dapps through proffesor @wahyunahrul Now I am giving my homework.
Will DApps be able to replace centralized applications in other fields in the future?
However, from what has been identified so far, it is possible to deduce some of the main characteristics of decentralised applications. But first - let's step back and understand the underlying technology behind dApps, the blockchain. If you are familiar with the structure of a blockchain, you should be aware that it is a ledger of transaction records placed in that are interconnected via cryptographic verification. Each of these blocks is linked to its preceding and subsequent blocks, and the data written to the block cannot be tampered with. Contains digital storage of consensus among all parties involved in a particular blockchain transaction chain. Each transaction is persistent and visible to everyone within the loop. The important thing to note here is that this ledger is distributed across multiple nodes, so it is not stored in a unified location and is not managed by a single entity.
So, mainly the Dapps are more secure and powerful in the feild of apps Dapps are totally able to remove centralized apps in future.
Is there a possibility for DApps to steal user data?
Dapps are 85-90% safe as there security system is based on peer to peer network and they are not dependent on the organisation or any third or another person for working the working is between the reciever and the payer direct. So the security system is very much high and and there are only 10-12% chances in the case of hackers high level technology only. Otherwise we can trust on Dapps with our closed eyes and do work in crypto easily.
Explain the ways in which a DApp promotes its application to the public?
Dapps can be easily promote on website like cryptocurrency websites apps or trading charts where people of the same interest are available and will definitely use the Dapp promoted there.
Dapps can be promoted on social media as youth crowd is active there who are more interested in cryptocurrency market. This is also a great way to promote Dapps.
Airdrops event is the big platform to perform the where new coin or token will gonna be realease so there will a great option for new commers or old one who explore that token and coin will also see the Dapps promoted there.
Choose a DApp and do a detailed analysis that proves that the DApp is a good one to use. (Provide proof with screenshot)?
Visit the wallet or the website you want to choose your Dapp I am choosing uniswap exchange from trust wallet.
Open the trustwallet in your mobile phone.
Then we will go in popular Dapps and here we will select Uniswap exchange.
After clicking on uniswap exchange we will get the uniswap connected to trust wallet and this interface.
After getting connected we will get more options of uniswap exchange.
As uniswap exchange is coming in the popular section of the trust wallet Dapps so this exchange is secure and popular among all. This uniswap exchange is good.
Also this exchange ranked at no. 10 with the price 29.50 dollar so this is a good and popular exchange.
Hence prooved.
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 will create a Dapp I will create a app of gaming endless gaming. As if the people get timed out in the game running out then he/she can use the token of that Dapp to continue the live and continue that game from that point only. For this I will firstly share the whitepaper features of the game and usage of the token.
Then I will share that idea to investers and stakers so that they can look upon it and approve the plan then I will promote this Dapp on social media website and airdropes events. To get more and more audience of same thing get interested in the same.
When 20-30% audience will get attached to my Dapp then I will invest and make my app launch in the market. Launch there ICO and test for some time .
Increase the function check on security and final launching of the Dapp of the game. I will named that app as coinrun.
This Dapp will include the security, decentralisation, Less investment and transperency to all the audience and the makers.
Conclusion
In this lecture and assignment I get to know more about the Dapps more deeply and I get to know about the popular Dapp and also I run my mind to create my own app which is great part of the assignment thank you @wahyunahrul for this knowledge.