We are in the hive, and we have heard Dapp terms many times because they are a core part of the hive blockchain. That is why I wrote in my bio that Hive is beyond blogging. It is not just a blogging platform but a home for multiple types of dApps like social, gaming, sports, news, and more. Here, we are going to learn in detail about decentralized applications (dapps).
Instead of being hosted on a centralized server, dapps run on a decentralized blockchain network, and these are the software programs, so this is how we can explain the dapp. We have seen traditional apps such as Instagram, WhatsApp, Amazon, or Uber, so these are the centralized applications and controlled by a company. Dapps operates on a blockchain network that gives more control to the users and provides transparency.
If we understand what makes dapps different than the traditional centralized apps, then we can easily understand how dapp works. As I said, Dapps are built on a decentralized environment on blockchain platforms such as Hive, Ethereum, the smart chain of Binance, and Solana. These platform has technology that enables decentralization for the dapss.
In yesterday's post, we talked about smart contracts and how they are important in crypto and are also the backbone of dApps. When predefined conditions are met, pieces of self-executing code that are stored on the blockchain automatically do action, and this is how it works, and that's the reason smart contracts are the backbone of dApps. Here I want to give an example of one dapp, so let's say there is Splinterlands, which is a dapp on hive, so if you buy any card then you pay DEC tokens for it, and then it release that card for you and you become a owner of that card.
So, dApps provide multiple facilities, but this is not easy because there are challenges. There are some hurdles, like user experience, scalability, and regulatory uncertainty, that need to be improved, and regular maintenance is required. The good thing is that blockchain technology is maturing, and that is why we are seeing many new innovations and improvements. There is inleo dapp which is big community itself in hive, but they are also facing bugs and also they are fixing timely. This is how a dapps should be managed. inleo is more than the dapp.
Dapp is not just a trend but also provides a facility for control, transparency, data privacy, and ownership. This is a great digital service, and it is known for giving freedom to the people, and this is what the world wants. You must share this incredible information with your friends and family Also you can use web 2 social media platforms because they are still more popular among the people. Your little upvote means a lot to me, so you can hit the upvote button to contribute to me.
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