Steemit Crypto Accademy Season 3 Week 7 | Home work post by professor @wahyunahrul | DAPPS, Future Apps From Blockchain System

in SteemitCryptoAcademy3 years ago

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Introduction

Hi guys how are you I hope you will be fine and leave a peacefull life.
This is my first post in Crypto Accademy by professor @wahyunahrul. I am @tasmiya. This home work task is about DAPPS,Future Apps From Blockchain System.Before I go on to answer the questions it will be very important that we get an overview of what DApps is all about, DApps is a fully transferred system, with some features such as the last code that works on a network to a partner - a separate network. In DApps the chances of a user class being unavoidable as it creates an end-to-end support code for other relevant tasks performed

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sorce

Dapps is definitely decentralized which means it doesn't require any shape of a central authority/government to characteristic completely, here customers can have interaction with carriers in a clean phrases, now permit's put it in a right attitude now let's say i'm a developer i can decide to create an app which is like a twitter app and i consist of it on a block-chain any person can put up a message there, now if it's accomplished ultimately you'll find out that that message can't be deleted via every body not even the developer itself.

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

Yes DApps will be able to replace centralized applications in other fields in the future.firstly DApp creates a final result that supports certain functions so if that action is considered in the future as a result of the D middle app I think it will be very good, and will add an extra value to the Dmiddle app, let's talk about some important features it has and can also exit the basic app next time.

Smart contract

if a smart contract is implemented in a basic system you will find that the various programs there will be completely controlled by a good idea, and a smart contract will be completely controlled by the execution of DApps.

Transparency

Transparency is prime in the whole thing we do now and again, in this example the various records we use will completely be in a safe and secured axis. Dapps assists in the provision of total transparency, and trust, right here if dapps is capable of update a centralized software you'll discover that data could be secured and very lots handy to anyone.

Integrity

If DApps is changed with the aid of a centralized application you'll find out that facts used could be immutable meaning there is total boundaries of 1/3-party, so called fraudster's to benefit get right of entry to and as a consequence scouse borrow away your data. So I believe in destiny when all this above men matters are out in vicinity, DApps can replace a centralized utility.

Privacy

privateness is what we want in our day after day lifestyles time, so I bet if DApps replaces a centralized application privateness won't be subjective, now whilst deploying a DApp you can not be mandated to providing your accurate identity through so doing your privateness in a single way or the other is completely assured, on like inside the centralized utility wherein your identity is from time to time obligatory.
Now let's take for example I open a fb account, and i'm the use of a white man's picture chatting you will discover that during subsequent time my account can be blocked by using the vital authority the developer here. however with the utility of DApp your privacy could be exceptional.

Q: Is a possibility for DApps to steal user data?

I Think no it is not possible for DApps to steal user data.Nothing in life is 100% safe. As technology advances, hackers and data thieves also develop blockchain hacking strategies and strategies and investment and information are still being invested. However, a blockchain is a space-based system with a high level of security with the cryptograph you use.

In addition to stealing user data in a cryptocurrency blockchain, it will require 51% of a certain digital currency distributed and this makes it difficult to steal or hack a blockchain. Since DApps is built on a used network, it is therefore not possible to steal user data. The only way users' data can be stolen is if DApp hasn't joined the blockchain network. Because DApps security is based on the security of such a blockchain network DApp joins it.

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

A good question here is to explore and just explain that, now that I am going to use a separate program, different apps can be categorized according to the scenerio it falls into. Let's look at some of the key ways here.

Initial coin offering

ICOs are widely used to raise funds to build new products or services typically within cryptocurrensets and block chain technology and as a result applications are still distributed. It’s about earning money and investors can buy whatever is presented in the market and get their shares. Investors hope to earn higher profits as prices rise

Dapp radar

founded in 2018, dapp radar affords facts and statistics on all present decentralized apps. you can easily look for the most popular video games, web sites, apps and many others. It makes look for dapp information simpler. It doesn’t deliver guidelines however makes its clean for customers to get admission to datas they need. It specializes inside the following specifically; Dapps, Blockchain, Crypto, data, Analytics, market, games, Dapp, Decentralised programs, Decentralised Finance, FinTech, and information analysis & reviews

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Initial Dex Offering.

Preliminary decentralized change providing is some other way of imparting cash and carrier of decentralized programs to public that takes place on a decentralized trade platform. Unlike ieo, ido are much less luxurious due to their decentralization due to the fact they can host the imparting on any decentralized platform with out paying a fee. It is even truthful to mention ido is the fine manner for dapps to promote their software as it is a combination of ico and ieo.

Airdrop

An airdrop in crypto area is the procedure by way of which companies distribute free tokens or services in a positive ratio to new or existing buyers. this is one of the many ways wherein DApps promote their programs to new users in the crypto world.

Popup ads

advertising and marketing techniques are very huge specially in digital advertising. a number of the approaches maximum companies growth their standings are via pop up commercials. Google offers such offerings and its reach is also huge as maximum apps use their google admob and Adsense as an extra supply fo income by way of having their customers click on on ads both on web sites and apps.

Q:Choose a DApp and do a detailed analysis that proves that the DApp is a good one to use.(Provide proof with screenshot).

Firstly go on google and type Dappradar and a screen will be open this is actually a website in which there is many option. It is a very beautiful web. link
In this website you can see latest DApps and view them.

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When you open website simply click on dots to view the latest Apps.

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At the time of writing this post the first four dappa are Fruite adventure,align words,pankcakeswap,cryptoblades and splinterlands. Fruite adventure is an add.

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Here we have the top games and the best Deffi, where we will write this post you can see their positions, while I write this post which was their stand.

Kindly the question I am going to do for a complete analysis on pancakewap, it will be fun to trust me.

We are here to get the DApps I clicked on pancakewap and I was able to open DApp, after which you will need to connect your wallet,

For your convenience, please download the pancakewap and install it on your device, so that it will not be difficult for you.

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Here I clicked on the connect wallet, another different category appeared, all I have to do is click on the wallet connect.

If you look closely you will see that there is a room where the volumes, and Cryptos estimates show, that is actually the current situation at the time of writing this post.

Keep in mind that pancakeswap works on Etherium blockchain, ERC-20, and has multiple tokens, including TRX, JST, ETH. All these Cryptos can be easily exchanged.

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Now after clicking on the wallet connect another section will officially appear, which we will do here to continue testing

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I clicked to connect now to this section I successfully connected, my Etherium wallet to metamask, any available token can be transferred to my wallet.

Pankcakeswap Features

Having finished connecting the bags, I will now check out the features that come with it, pancakeswap has a low cost of performance compared to others including uni-swap, and more. If you are looking for a large income where pancakeswap is the place of your choice, you can sell Cryptos here, your profit will be fully included here.

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Swap feature

One of the most useful and important features of Pancakeswap is exchange.
Pancakeswap is an open source DeFi protocol that allows BEP-20 tokens exchange where anyone can use the platform to exchange tokens.

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Farming

Another unique feature of Pancakeswap is the form aspect. This feature allows users to create a CAKE rule token by entering LP tokens

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Liquidity

As I mentioned earlier, Pancakeswap works for AMM. So in order to be able to use the previous feature of the farming cake, users can add money to the exchange.

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There are different feature of pancake. Such as pools,lottery and prediction(beta) etc are some feature of this cake.

Q: 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 used to be to be a developer i'm able to like to create a liquidity app, what do i mean via that i'm able to create app, with a view to permit buyers to install their cryptocurrencies then i will shade it to been the praise you'll earn will determine the satisfactory and quantity of cryptocurrency which you have officially invested.

Then the app, can be responsible for swapping from other cryptocurrencies of your preference, it is going to be high-quality due to the fact in the end you'll get to gain all round, the app could be centralize which means it is going to be managed by means of me. It'll be much like that of pancakeswap dapps,

One element you need to recognize approximately cryptocurrency is that it is almost a method of making money, if now not more money so if this app, is created you will find out that i'm able to raise the financial system stability of the cost of the cryptos which can be been deposited.

It's marketplace capitalization will growth as i have known if more human beings personal a selected crypto, change on then it is marketplace capitalization will gets to growth.This my very own accessment.

Conclusion

DApps used in future very widely.As can be seen from the above explanations and learned from the study of professors, DApp is a major technological advancement with very different features that make it a solid hope for the future.
Also, Pancakeswap is a unique DApp that offers many opportunities to its users and that is why it is number two on DAppRadar.
I am very thankfull to my professor. This home work task increase my knowledge.

Thank you sir,

@wahyunahrul

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