dapps development

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Smart contract Dapp system development
Blockchainx
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• Dapps smart contract
• A smart contract is a special protocol designed
  to provide, verify and enforce contracts.
• Specifically, smart contracts are a big part of
  why blockchains are called decentralized,
  allowing us to perform traceable, irreversible,
  and secure transactions without the need for a
  third party.
• The smart contract contract contains all the
  information about the transaction, and the
  resulting action is only executed if the
  requirements are met.
• The difference between Bridge smart contracts and
  traditional paper contracts is that smart
  contracts are generated by computers. Therefore,
  the code itself explains the relevant obligations
  of the parties involved.

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Conditions that DAPP applications need to
meet 1. The application must be completely open
source and autonomous, and no entity controls
more than 51 of the application's tokens. The
application must be able to be upgraded according
to user feedback and technical requirements, and
the application upgrade must be carried out only
after the majority of users reach a consensus
2. The data of the application must be encrypted
and stored on the public blockchain 3. The
application must have a Token mechanism, and
miners or application maintenance nodes need to
be rewarded with tokens DApps development
company 4. The generation of application
tokens must be based on a standard encryption
algorithm, and valuable nodes can obtain
application token rewards according to this
algorithm.
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Differences between DAPP and APP The difference
between the two is that the data interaction of
the DApp is completed by the smart contract
(SmartContract) deployed on the blockchain, which
has the attribute of decentralization the data
interaction of the APP is completed by the
centralized or distributed server. To put it
simply, DAPP is to the public chain, that is, it
is equivalent to that of APP to iOS. The biggest
difference is that the App is centralized, and
the DApp is decentralized/smart contract. Build
decentralized apps Types of DAPPs The DAPP
applications on the market today are mainly
divided into two categories. The first category
is blockchain games. The most representative one
is the Ethereum cat CyptoKitties based on the
Ethereum development platform in 2017.
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Users can continuously obtain various rewards
such as GXS coins by "digging treasure". Advantag
es of DAPP applications Payment processing
automatic execution of smart contracts,
decentralized transactions, users can directly
use cryptocurrencies for peer-to-peer
transactions User Credentials Using a public
and private key system, users can easily handle
and bind user sessions and metadata with varying
degrees of anonymity, thereby eliminating lengthy
registration processes Information security
user information is stored securely, data is
difficult to be tampered with, and information is
guaranteed to be authentic and reliable all data
related to information privacy will not be
leaked, Dapps developer and all data contracts
running on distributed networks will not be
tampered with Trust and Auditability Open
source DAPP code is accessible and understandable
to knowledgeable users.
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