Options For The Development Of Dapss: Part I.
A common skepticism of the blockchain space is that technology is still looking for use cases, in which exaggeration and speculation exceed applicability. For some, the lack of broad use by consumers of decentralized applications reflects that the industry is still in an infrastructure development phase.
Blockchain and cryptocurrencies will not become commonplace until they can be perfectly integrated into our daily lives. The solution to this for many could simply be decentralized applications (dApps). However, decentralized applications (dApps) will be considered common when they become invisible and intrinsically better than the applications and services they propose to replace.
Blockchain applications are currently being oriented towards the mainstream, and the platforms running Dapps will be the ideal place for developers, publishers, and users. This becomes especially relevant in ecosystems where users get value from the applications.
Allowing the main users to experience Dapss without friction or over complication, aims to promote the widespread adoption of this technology. The gaming industry is a clear example of this.
The cases of Tron, EOS, and even Ethereum with its scalability proposal, as well as a handful of interesting projects with innovative technology such as Fleta, Lisk, among others, are developments that push the blockchain and dApps in our daily lives , which will allow experiencing them without problems, promoting the widespread adoption of this technology.
Current status Of The dApps
Many dApps are currently being built, and many have already been built. According to the dapp.review website, there are more than 2700 decentralized applications, concentrated in the three main chains for their development, such as Ethereum, Tron, and EOS.
Only in Ethereum, for example, there are more than 1700 Dapps and the sectors are diverse, from gaming to applications such as Liquid to convert ETH to USD, among other uses.
The market for dApps is quite promising. Currently, the market has an average of $ 48 million dollars in the market of the dApps with an estimate of a quarter million users.
Basically, a whole new market for dApps is being built. As with any market, consumers and users are likely to gravitate towards the applications that offer the best quality at the most reasonable price.
Therefore, the problem of quality control will probably be solved by the free market economy. In fact, the DApp market will soon become one of the freest markets in the world.
Potential Challenges For dApps
There are a number of important challenges that the dApps are currently facing, and they are likely to continue to do so for a period of time. One of the most important challenges is that because many dApps depend on cryptocurrencies like Bitcoin and Ethereum, they can also rely on users to understand cryptocurrencies and feel comfortable using them.
Unfortunately, despite the fact that cryptocurrencies are growing steadily, many people still do not understand them, do not possess them and, in general, feel uncomfortable with them. For applications to reach their full potential, cryptocurrencies must first obtain greater general acceptance.
A large part of the world population has simply not focused on this concept yet.
However, more and more people are using the Internet as smartphones and computers become more affordable. The greater the number of Internet users, the more likely cryptocurrencies will be used. In addition, as time passes, it is likely that more and more people will be comfortable with cryptocurrencies and start using them more. This can help the DApp market grow.
In addition to adoption, one more problem persists. The scalability Many of the challenges to create real use cases go through the problems of achieving the holy grail of cryptocurrencies: scalability, security, and decentralization.
In view of the aforementioned problems, in a second installment, we will try to give a comparative technical approach among the most popular options currently available in the market to develop decentralized applications.
- Source: First Appeared Here
- Published Time: 2019-05-20 20:58:26
The views and opinions expressed in the article Current Options for the Development of Decentralized Applications (dApps) do not reflect that of 48coins, nor of its originally published source. Article does not constitute financial advice. Kindly proceed with caution and always do your own research..
⚡️ Explore Our Cheap Efficient Cryptocurrency Advertising Services
We offer a variety of cryptocurrency advertising options including: Facebook posts, Twitter Tweets, Pinterest Pins, Web Banners, STO listings, Exchanges, Casino Banners, ICO listings, Article Links and Conference Landing Page Links!
Aren’t You Curious How’s Your Favorite Cryptocurrency Performing Today April 18, 2021?
Check out our price index page! Pick your favorite cryptocurrency to see its data; crypto prices, crypto market capitalization, trading pairs, buy or sell, analytics, charts, FIAT calculator, social media links, latest tweets and much more!
|#||Coin||Price||Price Graph (7D)|