Thank you professor @wahyunahrul for the lesson. Here is my homework task. Please join me.
INTRODUCTION
Decentralized application commonly referred to as DApps are apps that do not leave its control to a central authority, rather, enhances transparency, reliability and security through a peer-to-peer blockchain network. There are so many Dapps that have been set on motion today and their advantages over the normal centralised Apps that we all know of, cannot be underrated. Dpps are built on blockchains and they allow for the use of the blockchain tokens to make payments.
Will DApps be able to replace centralized applications in other fields in the future?
I strongly believe that pretty soon, DApps will be able to replace the centralised apps in all the fields. This is because DApps has the most admirable features everyone could think of. Looking at the world of today, people want to be in charge and in control of their affairs without involving any third-party. The opportunity to do so simply rest in the adoption of a decentralized system of operation.
With all the benefits of Dapps such as income generation for users, ownership and control, transparency, scalability, censorship-proof, acceptance of cryptocurrency as payments etc; DApps will soon dominate every other feels that is being centralised at the moment.
Is there a possibility for DApps to steal user data?
Data stored on a Dapp is not vulnerable like that of a centralised application and this makes it much harder or impossible for user data to be stored in. There is no one single point of storage such that it could be hacked into. The apps are built on a block chain and blockchain uses a cryptographic verification to ensure data security. This way, there is a two-way security for the apps data. So, it is impossible for the apps to steal user data.
Explain the ways in which a DApp promotes its application to the public?
Just like in our business economy where there are various promotional strategies for marketing of products and services there are various ways in which a DApp can promote its application to the public as explained below;
1. By being listed on a Dapp reviewing platform such as DappRadar: As mentioned by the professor in the lesson, one of the websites that list Dapps, its features and details is DappRadar. uses of envisage this website in order to gain knowledge about the existence of the apps. Once a Dapp is listed on this site, such Dapp is automatically promoted to the entire public.
2. Collaboration with bigger projects: A DApp can become more pronounced in a blockchain if such a dApp is linked with an existing and popular project already built on such a blockchain. This way, the already established popularity of the project will be transferred to the newly created Dapp.
3. Through SMART media campaign: SMART is an acronym for specific, measurable, achievable results-oriented and timely. A digital or social Media campaign that discloses the objectives of a Dapp with these SMART qualities will help project such a d up to the entire space.
4. Through IDO: IDO is simply an Initial Dex Offering which invites investors to invest in a project. This is also a way of creating an awareness about the existence of a project to the public.
Choose a DApp and do a detailed analysis that proves that the DApp is a good one to use. (Provide proof with screenshot).
A Dapp that I'm very familiar with is the steemit Dapp. Steemit is a social decentralized Dapp built on the Steem blockchain. It has some amazing features such as voting power, earning opportunities, content-creation, etc. Once you are in the DappRadar homepage, you can click on the social category and then you will find Steemit. Click on Steemit and you will see "open Dapp".
Screenshot taken from DappRadar
The steemit Dapp revolves around the creation of content and socialization. By voting and commenting on the post created in the platform, users get to decide the earnings of others who engage in the activities of the platform.
Steemit wallet: Steemit has a wallet that saves both the Steem Backed Dollar, The Steem token, and Tron. There is also a voting mechanism or influence token saved in the wallet, known as Steem Power.
Steemit wallet is open to all the users (that is, anybody can view the wallet balance of any user). It is open sourced. it is transparent and difficult to hack into due to the unique set of passwords that is generated for every registered user, such as posting keys, active keys, etc.
Registration: Registration on the Steemit Dapp is absolutely free and there are equal chances of making money on the platform. This alone is a proof that Steemit is a good DApp. Also, there is a wide range of communities and each user is free to subscribe or join any of them.
Rewards: There is also a two-way reward system on the steemit platform; curation rewards and author rewards. Curation reward is earned after upvoting a post while author reward is earned from creating a post.
Other features: There are other features such as Steem proposals, currency market, voting for witnesses, jobs at steemit, etc. I've used the Dapp for more than a year and haven't lost any money and I don't have any reason to doubt the genuineness of the app. Hence, the steemit Dapp is a good Dapp for use.
If you were a DApps developer, what kind of app would you like to create? Explain all the details of the DApp plan that you will make.
If I am to develop ad up I will create a gaming the app that will enable users to register and have access to play various kinds of games. This game will give me in as an opportunity to earn a token of the blockchain in which teacher app is built on the full stop of course they will be a wallet or an avenue to connect an existing wallet to the dia to study to kenny's and full stop the gaming winning and losing will be on a peer-to-peer basis apart from the gaming tokens and can be sold or staked and could also be used to make transaction payments.
CONCLUSION
In a digitalized economy like the one we have today, the existence of a decentralized system of operation is not just a necessity but has become part of us. This is the reason there are lots of decentralized applications built on the blockchain network. The Dapps are numerous and could be explored using DappRadar. There is need for our society to adopt this Dapp system even in other Fields. This will leave us having control over all our operations, as well as a more secure and transparent operation.
Note: All screenshot not referenced were taken from my steemit account.
Thank you so much for your time. Steem on