DApp is an abbreviated form for decentralized application. A DApp has its backend code running on a decentralized peer-to-peer network. Contrast this with an app where the backend code is running on centralized servers. A DApp can have frontend code and user interfaces written in any language (just like an app) that can make calls to its backend. Furthermore, its frontend can be hosted on decentralized storage such as Swarm or IPFS. If an app=frontend+server, since Ethereum contracts are code that runs on the global Ethereum decentralized peer-to-peer network, then: DApp = frontend + contracts.
Internet users don't have sole control over the data they share on today's websites. Ethereum is unique in that it attempts to wield the blockchain as a way to correct what its designers believe is a problematic part of the internet's design. It's like a "decentralized appstore" where anyone can publish their unstoppable apps (dapps), which unlike today's apps (think Gmail or Uber) don't require a middleman to function or to manage a user's information. Dapps connect users and providers directly. One example is to use this design for a decentralized Twitter that's resistant to censorship. Once you publish a message to the blockchain, it can't be erased, not even by the company that created the microblogging system. There isn't one definition of a dapp, though, as it's a newer concept. A couple of main characteristics are that they're open source and don't have a central point of failure.
Let's get acquainted with one of DApp's applications and at the same time the new cryptocurrency is OneChain!
What Is OneChain?
OneChain is a decentralized app built on top of the Ethereum blockchain, meaning that its code is compatible with ERC20 utility tokens and smart contracts. The dapp offers private keys to the users, end-to-end encryption, fast transfers and options for customization of services and the ability to store different ERC20 tokens and Bitcoin.
Detail OneChain :
Features: Super Wallet, Thunder Transfer, Decentralized Exchange, Decentralized Chat.
Technology: iOS / Android native app based on high performance graphene / bitshares / EOS technology
Mission: make people truly own digital currency, easy to use digital currency.
AMAZING FEATURES
Super Wallet supports 700 cryptocurrency. 5 seconds Thunder Transfer for any crypto coins. ONE DEX ensure your trading security. ONE Chat the world’s first decentralized social network. Fiat equivalent crypto USDA for easy deposit and withdraw. Red Packets for token airdrop anytime. Connects all blockchains with cross-chain technology.
Super Wallet
Onechain will develop a wallet that can be used on android, ios, and web applications, hardwallet which definity increase its reach, and will also provide all payment related services and support almost all innovative digital assests.
Fast Transaction Speed
Many cryptographers have been discouraged by the slow speed of transaction on the blockchain and this has limited digital currency to some extent. Onechain is providing super fast transfer technology with which transfer can be carried out in 5 seconds.
Decentralized Exchange
Most current exchanges are being plagued with the issue of fund theft and user restrictions. Decentralized exchanges are more safer as user get to control their funds as they like and are responsible for the security of their funds. This is the mouth watering offer onechain is providing. A decentralized exchange with user friendly interface to ensure transparency at the highest level.
Decentralized Chat
Many data theft has been recorded in the past few years due to low security of data. Onechain chat platform will gauranteee an encrypted chat platform to ensure that the data of the users are kept secured.
OneChain ONE Token ICO Details
For more information :
ANN: https://bitcointalk.org/index.php?topic=3276057.0
Whitepaper: https://cdn1.haoduobi.cn/offcial_assets/white_en.pdf
Website: http://web.onechain.one/
Author Info :
Bitcointalk Username : Yogi21
Bitcointalk Link : https://bitcointalk.org/index.php?action=profile;u=1240228
Etherium Address : 0x91B50236DbFA5d3D4ded07c09Ddf31B987468781
