Benefits Of Dapps

DApps are the next generation of digitized applications with no central authority. DApps brings a lot of benefits to both the end users and the business owner. This kind of DApps eliminates the issuance of entire authority to a single node, and distribute the power to each entity in the entire network. This is why DApps are considered to be more user-friendly.

DApps are,

1. Open Source
2. Give importance to consensus mechanisms
3. Incentive or gives referral credits to end users
4. Multi-layer security and immutability
5. Trustworthy and Transparent to the nodes in the decentralized network
6. Faster transactions & Fewer transaction fees
7. Keeps data on decentralized storage
8. Prevents Hacks

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Originally Published On : Bitdeal - Dapp Development Services