DApps vs Centralized Apps: 4 Important Differences

Finding an easy-understanding definition of what dApps are can be frustrating. This is why we are not going to waste your time defining something you all probably understand how it functions. We will, however, give you some key features that every dApp should have before we discuss differences.

– Decentralized – all of the records of the app are stored on a public blockchain

– Open Source – every change that happens must be approved and decided by a majority of the users.

– Protocol – there has to be an algorithm which is encrypted to clarify proof of value

Now let’s talk differences.

1. Value

DApps are capable of storing value within themselves. This gives them a great opportunity to create new and exciting economic models. An example such can be the ‘’blockparty DApp’’ that gives rewards to people who show up to an event by distributing the deposits between them without fees.

2. Eternity

When a dApp is created and led to the network, it will be on there forever. This means that people can use different kinds of services and be sure that the services won’t shut down.
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Keep in mind that some of the dApps can be ‘’killed’’ by its creator but you would find the information about it when you first get in contact with it.

3. Speed

As long as Ethereum can handle about 13 transactions per second, dApps will have a massive limitation. This just means dApps are slower than centralized apps but there are plan however, to improve the scalability issues of Ethereum thus improving dApps speed.

4. Censorship

As we said earlier, dApps when pushed to the network cannot be taken down. In order to do that you would have to shut down the entire network ( highly unlikely to happen). If the majority of the community does want a dApp removed, it is possible with a hard fork but it is also highly unlikely.