As decentralized finance becomes a principal focus for both investors and companies alike, custodians will ease their entry, making DeFi the future of finance.
DApp, or a decentralized application, is an application whose back-end code runs on a decentralized peer-to-peer network. DApps established a way to reduce the impact of third parties on the functions of an application. DApps connect providers and users without the help of middlemen, contrary to regular applications. Blockchain-based DApps are immune to censorship, have no need for additional fees and are more likely to maintain operation during various attacks. Writing decentralized apps may be performed on various platforms. Today, most DApps are working on the Ethereum blockchain, but new DApps-oriented platforms are one of the main directions of blockchain development and new ones emerge pretty often. DApps are improving payment processes, user credentials and are trusted due to their open-source code and public records of transactions.
ETH 2.0’s highly anticipated revamp is expected to begin rolling out in a matter of months, but scaling solutions and gas-free transactions have already arrived.25270
Tron is extending its ecosystem partnership with Samsung Blockchain as a new section featuring some blockchain games will be offered on its mobile devices.12441
Major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers, which will offer three new features, including rewards.4052
Binance Chain is launching a second, smart contract-enabled chain that will use Ethereum’s Virtual Machine to let its developers build decentralized apps.5427
A company now offers blockchain-based advertising across major social networks, offering advantages for advertisers and content creators alike.11248
Eterna and Borderless Capital join forces to launch a venture studio to accelerate DApp development on the Algorand network.2716
Quarterly Ethereum DApp volume has grown 650% year-over-year, while EOS activity has dropped nearly 12% and Tron has fallen 74%.2320
DApps are facing numerous barriers to adoption, but its key benefit lies in decentralized networks with trustless protocols, so attractive for the users.3230
Rapper and entrepreneur Akon has shared the whitepaper for his upcoming cryptocurrency exclusively with Cointelegraph.11715
Chainlink and Hdac Technology are developing a new system to bolster smart contract execution using off-chain data.5771
Major decentralized finance player MakerDAO has partnered with payment processor Simplex to create a fiat on-ramp for its Dai decentralized stablecoin.3833
The blockchain industry grows every year, but is the industry ready to accept new players and how could it possibly change the space?6464
Tron partners with Steemit, a major blockchain-based blogging and social networking website that will be moving to Tron’s network.7791
Privacy-centric computing network and app ecosystem Blockstack has paused its App Mining pilot due to a range of challenges.1432