Decentralized Applications

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Blockchain as it's, it was Bitcoin that made it famous. The decentralized distributed ledger's an invention of Satoshi Nakamoto and it's what has increased the value of blockchain technology. Without it, the blockchain would be just an improved Excel table.

This distribution among different actors makes it possible to have network nodes all over the world. Decentralization doesn't stop at the network, but also allows anyone to contribute to networks.

Ethereum's the most well-known platform hosting the most applications. But there are also many on EOS, TRON, TOMO. These applications are built on the platform / blockchain protocol. These are called Decentralized Applications (DApps). And now with the arrival of Avalanche things are going to be hectic again. You have a list of decentralized applications https://www.dapp.com/ranking  or here https://dappradar.com/ , which you can classify by number of users, type of blockchain, by transaction volume or by Application area.

On Ethereum alone you have hundreds of Decentralized Applications, others with more or less users, see here https://dappradar.com/rankings/protocol/eth . Nevertheless, decentralized exchanges are the first useful and concrete applications of the blockchain. They allow for the culmination of crypto ideology, independence even even in coin trading. I invite you to go and explore the different types of applications on the ethereum blockchain, you will find a lot of interest there. Then possibly test the services that these DApps offer to understand how they work.

For example, realize that thanks to the blockchain, you can play at casinos or make bets, on a decentralized interface, without any control of your age, passport or bank account. However, I don't recommend that you put more than a few tens of euros in play because these applications aren't all easy to learn. You will find marketplaces (NFT exchanges, contracts ...), the various Decentralized Finance applications, video games, social networks ... The scope's only limited by the imagination.

Use DApps: To connect to these Decentralized Applications (at least the ones available on Ethereum), most will require you to use Metamask . It's an Ethereum wallet that you install as a chrome extension and now a mobile app's also available. So you have this extension available next to the chrome browser search bar. This is a fairly secure wallet, however you should never keep your cryptos outside of a hardware wallet (a physical wallet like a Ledger. When you log into the DApps, they ask you to authenticate with a Metamask wallet (make sure you have a few euros in ETH on your address) as you will need to log into the Ethereum blockchain. You will pay the costs of using the application in Ethereum (usually minimal).

I advise you to use them to create a new Metamask account and send about ten euros on it so that you try some. Ethereum's full of DApps, but as we explained at the beginning of this article, other platforms / blockchains allow hosting of DApps. The choice of blockchain to build an application lies in its use, need and development. These DApps allow the fulfillment of the role of the blockchain: decentralize the use of applications! But DApps face major problems: massive use reduced by the complexity of their use or even costs due to blockchain congestion.

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