Decentralized applications (dApps) are applications that run on top of blockchain networks. They can be designed for several real-world use cases. Although dApps can appear similar to web applications in terms of user experience (UX), their back-end processes differ. Decentralized apps eschew centralized servers to transact in a distributed and peer-to-peer (P2P) fashion as opposed to using the central HTTP protocol to communicate. DApps run everything from games and marketplaces to decentralized finance (DeFi) lending platforms. Everything has pros and cons, and dApps are no exception. Let’s start with the advantage of decentralized applications: Simple to develop: dApps use very complex protocols to achieve consensus, the greater complexity the great abstraction provided for the developer looking to implement specified business logic. More control: Enterprise blockchain-based applications are usually designed to connect different organizations or trading partners. If even a pa...
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