Have you heard of decentralized applications, often known as dApps? They're definitely one of the most important concepts in the blockchain ecosystem, but they're not something that everyone has heard of. There are numerous myths surrounding dApps, and from a technical standpoint, they are vastly different from your typical app. Let's figure out exactly what dApps are.
dApps are blockchain-powered applications. They are a new way of starting a business, and you do not need to rely on the government or any middlemen to acquire clearance for your venture. Even a 10-year-old can start a business without any problems. You may wonder how someone can put their trust in a company that has not been approved by the government. To find the answer, you must first understand how blockchain works: For that, you can read this article: What is Blockchain? How does it work? Why do we need it?.
1. Open Source
All the code will be Open Source means anyone can access the source code which increases trust. Any updates or feature additions will be decided by user and developer consensus.
However, this is not the case in centralized applications such as Facebook, Tiktok, Twitter, and others. We have no idea what is going on behind the scenes.
All data and records will be stored in blockchain, and we know that blockchain data cannot be tampered with and is not controlled by a single authority. Nobody can remove your data; you are the sole owner of it. Not only that, but another interesting aspect of decentralization is that apps will never go offline/down because they are distributed among millions of machines rather than on a single server.
3. Censorship Resistant
As the nodes of dApps are distributed among millions of devices it's not possible for some authority or person in power to take them down.
Smart Contracts are used to build dApps. A smart contract is a piece of code that interacts with the blockchain and runs as it is programmed. More on smart contracts in the following article.
Filecoin is a decentralized alternative to major cloud storage providers like Dropbox, google drive.
Audius is a decentralized alternative to Spotify.
Valist is a decentralized software publishing platform and an alternative to GitHub, stream, and app store.
Ceramic is a decentralized alternative to MongoDB.
A decentralized alternative to AWS ec2.
A decentralized alternative to YouTube.
and a lot more. Feel free to share in the comments if you know any.
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