Repost of my task 8 of the beginners course

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Introduction

Good evening great minds and crypto lovers, i hope everyone is doing fine. Again i am giving answers to my task 8 Of the 10 introductory courses of the Academy.
In this task we will be talking about decentralized applications and everything about decentralizations.

Questions

What are dApps? Explain the working system of the dApps? What are the differences between dApps and other applications? Explain the advantages and disadvantages of dApps? How can dApps developers promote their applications? What should we pay attention to when using dApps? How do we find the information of a dApp that we want to know? Provide the steps (screenshot required).

What are dApps

In today's world, technology have evolved to a greater standard where human privacy is reserved. Before now human were used to centralized technologies that deprives them of their everyday privacy, this platforms are governed by Organisations which the users identity protection id not quaranteed.

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Decentralized applications came as a result of the blockchain and the increasing demand for crypto currencies, it has a high level of security, high speed of transaction and its easy accessible and manageable. Blockchain works under decentralized system of technology where by the users are granted direct access to their assets through using a smartphone device, computer, or Tablets without another having access to their account.

Decentralized applications has an undeviating interrelation between friends or unknown persons using the P2P system of operation.

In block chain, records that are confirmed can't be altered in the smart contract system used, it is therefore advised that the users are aware of how the transactions work so as to avoid errors leading to loss of assets.

The Decentralized apps allows high speed of transactions and also a reductions of fees, it means that transactions can be done at ease and at a high speed withing few minutes as compared to other centralized platforms.

Types Of dApps

We have 3 different types of dApps as listed below.

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• 1. Type I
  The first type of dApps are known for creating their own digital tokens for transactions payments. They have their same name in their blockchain. The Cardano is a good example of the Type I dApps as they are used mainly in monetary systems.

• Type II
  This is found within the Type I blockchain carried out in the monetary sector and uses tokens generated as payment means during transactions.

• Type III
  The type III dApps acts from the Type I & II dApps assigned to becoming a greater advantage and efficacy to its users. An example of such is the everyday used social media that has become part of every mans life.

Certain Characteristics of dApps

• Decentralized operating system: Dapps are not managed neither controlled by any individual body, its created as an independent body and based on smart contracts in blockchain.

• Security Agreements: This quality is the most important and respected, dApps embraces highest level of security of the chain of blocks.

• Easy connectivity between Other dApps: since they have almost everything in common based on their way of operating, they can be connected from different blockchains.

• Quick Error Detection: In decentralization, each user is node so if there is any transaction error or transaction failure, the copy that is error free in the other nodes will still remain undamaged. therefore there is no risk or damage attached in the dApp network.

Explain the working network of Decentralized applications

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The use of smart contracts of the blockchain makes the dApps safe and reliable with a low transaction fees attached, each nodes stores data of every new transaction (time and date), generating a new block which is validated by the other user with the hash and backs up the initial block. interconnectivity of all nodes brings about the high level of security.

There is no Guiding body or authority governing transactions operations as everyone has authority over their transactions. Each nodes has a responsibility over its operations.

Differences Between dApps and others

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DAPPs

• dApps are tied up to blockchain network
• Save keeping of user personal data (privacy) and high level of security.
• It detects block errors without affecting the whole network.
• Transactions are carried out in nodes which brings about the transparency.
• Decentralized systems back up

Other Applications

• Not working under blockchain
• It remains centralized
• Detected errors interrupts the whole network
• Personal data is required
• Low level of security and no privacy.
• No records evidence as they have no open nodes

Advantages and disadvantages of dApps

Advantages

• The decentralized applications have a open source which Motivates faster and more secure expansion of the ecosystem.
• It has a censorship resistance which means it has no constitution authority managing the dApp. Government or individual body can not control the dApp.
• It has a P2P system of operation
• It uses smart contracts which makes transactions fast and cost effective.

Disadvantages of dApps

• It is easily attacked by hackers as many dApps run on a open source smart contract.
• poor versatility is a problem that is still developed. This means that many dApps can not easily accessed.
• since dApps are new age technology, most of them face challenges of low users which makes them have less number of users.

How can dApp developers promote their applications

After a developer succeeds with creating a dApp, it therefore needs to go through product marketing and advertising by means of using other centralized applications such as Facebook or instagram and other social media.

LED billboards with demos containing the new developed application, press conference can also help to promote the newly developed dApp.
Free Airdrops also makes it possible to obtain more promotions.

What should we pay attention to when using dApps

People creates dApps that works similar to other with the intentions of hijacking peoples data, in cases like this, we need to know about the foundation of the creation of the application and also the security level.

Before making use of any dApp, we must make sure we first verify its origin and its purpose of creation so that we will be more confidential when using this app.

How do we find the information of the dApp we want to know

There is a easy route to explore the information about the dApp you want, with the aid of the google search engine you can search for different dApps in blockchain.

Simply use the search engine to find the address for dApp radar.
The following screenshots can help you find this done at ease

This screenshot indicates the search engine where it directed me to which i clicked the link.

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The button indicated here shows that once it is clicked it will then take you to another new page where all the dApps are listed

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This is my entry for this task 8, thanks for reading through my post.