Introducing Decentralized Applications

submitted 2 years ago by Miagrace to cryptocurrency

Decentralized Applications are serverless provisions operated manually by the users and kept in a Blockchain-based network such as Ethereum. The customer tool handles the front end, while the back end operates on a computer network with processing and storing capabilities. A decentralized application solution is a technical product that is built with the assistance of dApp development professionals.

Salient Features of Decentralized Applications Open Source The code has a structure that can be used to perform public research. Decentralized You can keep its data in a public and decentralized Blockchain platform. Incentive The application gives tokens or digital resources as an incentive to the network users. Protocol The application operates on a consensus algorithm that signifies proof of value.