Dapps — Welcome to The New World. “Not every part of your private life…
By: Lakshay Taneja
Tags: Blockchain App Developers, Blockchain Dapp, Blockchain Technology, Blockchain Application, Blockchain Development

“Not every part of your private life needs to be public.” — Lulu.

Open Source

A Dapp must Function autonomously, without any command controlling it. Its source code is open to the public and freely shared among the developers so that anyone can chip IN. All participants can keep a record of the happenings on the network and have a say in decision-making. So, changes are decided through the consensus of the absolute majority of the Dapp stakeholders.

Decentralized

All data and records should be saved on a decentralized public blockchain, protected by cryptography. This ensures no central failure point because the backend code runs on a shared network of multiple computers.

Consensus

Blockchain dapps use a consensus structure to regulate interactions between their users. Proof-of-Work and Proof-of-Stake are the two standard data for establishing consensus. With POW, adjustments are made based on how much a miner contributes to the dapp’s operation.

On the other hand, POS is used to decide based on the percentage of ownership a collaborator has over the platform.

Say goodbye to third parties.

Because dapps associate buyers and sellers directly, they establish a way to remove intermediaries, cut costs, and save time along the way.

Become censorship-free

Since no single entity owns and controls a public network, decentralized applications are entirely credible, Clear, and unaffected by censorship. This means no one can ban you, delete your comments or gain by selling your data in a Facebookish kind of way. No government authorities can ban or shut a dapp down, as it doesn’t lie on any central server. Records on blockchains are public and so easily valid. You can always access a document and analyze its status. Clarity and resistance to manipulations are vital to building confidence and faith among the participants.

Don’t lose your sleep over security.

Instead of depending on one central node (read ‘point of failure’), users of blockchain dapps can relish their sleep with a more distributed approach. The dapp’s network is circulated across multiple independent devices, making it a whole lot harder for disperse players to take the dapp down. If one point fails, it doesn’t involve other computers, and they immediately stabilize the system. The odds of hacking all of the blockchain nodes are practically close to zero — too much of a burden to go through.

Get extra uptime

As the blockchain increases in size, it becomes even more protected and responsive. This is in sharp contrast to traditional systems, where a single central server suffers from low speed and performance as the network becomes more extensive.

With every new player, a peer-to-peer network gets more robust, faster, and safer. Multiple data copies consist of many different computers to ensure speedy information transfer, protect users from data losses, and prevent dapp downtime. If your project is one of those that can’t afford to be down, daaps might be just the thing you’re looking for.

Immune your network from outages

Dapps are fault-tolerant to all kinds of physical malfunctions because they aren’t powered by a single data center accumulating information. This ensures the system works seamlessly without the downtime and protects users from server crashes and power outages.

Birthvenue has been working towards adding value to India’s blockchain ecosystem by contributing not only through our enterprise solutions work but also through our learning and development division. We have built platforms to accommodate multiple use cases and deliver our solutions through robust partnerships with industry leaders.

Reach out to us at admin@birthvenue.in to discuss any potential ideas you might have. We will be able to actualize those ideas for you and bring them close to fruition.