Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on October 16, 2024, 03:57:32 PM
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In today's digital age, the interest of building decentralized applications (dApps) over traditional Centralized apps is growing. As the technology world evolves, decentralization offers unique advantages that are hard to ignore particularly when compared to the difficulties developers face with Centralized platforms like Apple's App store or Google play store on getting their approval, plus high cost and delays
Now, in my opinion, I think dApp will be the game changer especially on easy accessbility to the entire world without restrictions. What are yours thoughts?
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Nobody loves restrictions in whatever they ars doing which will be the main reason why people will prefer to use dApp more than centralized apps. However, there are people who will not care about the restrictions from centralized apps because they don't care and have little knowledge about dApps benefits. It is the same with people who store their bitcoin in a centralized exchange inside of their noncustodial wallet when bitcoin is decentralized and should be used in a decentralized way.
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Even though it offers limitation free features that are imposed by the market store either Google or Apple still it's not really user friendly so anyone who prefer the convenience will not think it's the best due to the nature and also the scalability issue since these apps are running on the blockchain. It will be good if they make into the future but they can sustain against the big tech giants who controls everything?
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Personally, i prefer dapps, traditional apps are more secure, and this is precisely the problem, too much control, i prefer privacy with a little more risk (maybe)
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If the definition of centralized apps lies on whether an app needs to get approved by Google/Apple to get listed on their store it would be a bit confusing IMO. For example, Electrum needs to do the same but I'd argue Electrum is not a centralized app. On the other hand, there are third-party stores where developers publish their apps without any issues at all, even if their app requires KYC and verification from a centralized server before someone can use them properly. Not to mention some people call dApps to refer to anything that they can access using their web3 wallet.
Definition aside, I'd treat this as a case-by-case basis. If I like an app and it doesn't require me to send any KYC details to open it, I'd give it a try if it's useful for my needs.
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I totally agree that decentralized applications or dApps are going to change technology world in big way. They offer many great benefits that we do not see with traditional apps. For example dApps can not be censored and anyone in world can use them and they are more secure and people who use them get to decide how they are developed. Platforms like Apple App Store and Google Play have held back innovation for too long with their rules and limits.dApps will let developers create whatever they want without restrictions and services and opportunities available to everyone. Of course there are still some challenges to figure out like how to make dApps work for lots of people and make them easy to use and follow rules. But make no mistake future of internet is decentralized and dApps are paving way they are going to change everything.
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People who are already exposed to the blockchain and cryptocurrency for sure already understood well the importance of decentralization and the many benefits it is bringing to all of us. Now, we can get these benefits with dApps or decentralized apps where control and privacy really belongs to us and not the platform just like the traditional finance and apps can be offering to the people. However, we are not yet in a massive adoption stage as traditional apps still command the market and the usual platforms know how to fight back for their business. In the future, am sure that people would be more inclined to experience decentralization benefits and there can be more business with dApps.
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Definitely, decentralized applications (dApp) are much better than centralized applications, at least there are no restrictions or bans on centralized applications like centralized applications.
For example, I suffer a lot when I want to download an application from Google Play or download Apple applications due to the ban imposed on my country, I always have to use a VPN and in some cases I do not succeed, especially Apple applications, which are much more difficult to obtain.
Of course, in addition to decentralization and the absence of restrictions, there are other important features such as being open source and allowing the use of smart contract functions and relying on blockchain networks to operate, so it supports web3 wallets and the use of tokens on different networks.
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If the definition of centralized apps lies on whether an app needs to get approved by Google/Apple to get listed on their store it would be a bit confusing IMO. For example, Electrum needs to do the same but I'd argue Electrum is not a centralized app. On the other hand, there are third-party stores where developers publish their apps without any issues at all, even if their app requires KYC and verification from a centralized server before someone can use them properly. Not to mention some people call dApps to refer to anything that they can access using their web3 wallet.
Definition aside, I'd treat this as a case-by-case basis. If I like an app and it doesn't require me to send any KYC details to open it, I'd give it a try if it's useful for my needs.
Yeah, I agree there - each has its understanding of dApp and each would like to secure himself differently. Some prefer usability more than security, and vice versa. If there is no KYC, then the app can be tried, depending on what reason, of course.
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In today's digital age, the interest of building decentralized applications (dApps) over traditional Centralized apps is growing. As the technology world evolves, decentralization offers unique advantages that are hard to ignore particularly when compared to the difficulties developers face with Centralized platforms like Apple's App store or Google play store on getting their approval, plus high cost and delays
Now, in my opinion, I think dApp will be the game changer especially on easy accessbility to the entire world without restrictions. What are yours thoughts?
I think you're referring to a facet of Web3 where we can interact with dApps seamlessly by connecting our wallets. I've watched many videos about this, but I'm unsure if I'd be comfortable using it regularly due to the potential risks, especially from DeFi protocols that haven't undergone rigorous audits.
I use both Android and iOS, and I'm satisfied with my current apps. I'm not keen on venturing into numerous dApps. I believe we still need a mechanism for the community to collectively vet and evaluate dApps before they become mainstream in the crypto market.
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I believe we still need a mechanism for the community to collectively vet and evaluate dApps before they become mainstream in the crypto market.
If I remember correctly MetaMask has a blocklist that will notify the users the dapp page they visited is a phishing website. I think it's easy to implement this although it's impossible to block new websites unless we apply an advanced algorithm. Another option would require people to know how the contracts work so they can flag them easily if it's malicious, though I believe we can do this already with Etherscan or other popular explorers. At the end of the day, the user needs to be aware that the best protection is their own awareness.
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In today's digital age, the interest of building decentralized applications (dApps) over traditional Centralized apps is growing. As the technology world evolves, decentralization offers unique advantages that are hard to ignore particularly when compared to the difficulties developers face with Centralized platforms like Apple's App store or Google play store on getting their approval, plus high cost and delays
Now, in my opinion, I think dApp will be the game changer especially on easy accessbility to the entire world without restrictions. What are yours thoughts?
We know that in traditional apps, privacy is not under our control; unlike in Dapps, we ourselves are in control. Although in this era CEX platforms are popular because they see them as safer and more secure compared to Dapps. That's why the risk is too high because, at any moment, it's like a bank that can close suddenly.
Unlike Dapps, it's really far, although they have the same risk. That's why if we put funds in CX platforms, make sure we accept ourselves whatever
happens on the platform.
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In today's digital age, the interest of building decentralized applications (dApps) over traditional Centralized apps is growing. As the technology world evolves, decentralization offers unique advantages that are hard to ignore particularly when compared to the difficulties developers face with Centralized platforms like Apple's App store or Google play store on getting their approval, plus high cost and delays
Now, in my opinion, I think dApp will be the game changer especially on easy accessbility to the entire world without restrictions. What are yours thoughts?
We know that in traditional apps, privacy is not under our control; unlike in Dapps, we ourselves are in control. Although in this era CEX platforms are popular because they see them as safer and more secure compared to Dapps. That's why the risk is too high because, at any moment, it's like a bank that can close suddenly.
Unlike Dapps, it's really far, although they have the same risk. That's why if we put funds in CX platforms, make sure we accept ourselves whatever
happens on the platform.
CEXes are just more convenient at the moment, but everybody decides for themselves what suits them more.
If you don't have - that much - funds and trade daily, CEXes are good. In other more narrow ways to go - dApps.
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CEXes are just more convenient at the moment, but everybody decides for themselves what suits them more.
If you don't have - that much - funds and trade daily, CEXes are good. In other more narrow ways to go - dApps.
honestly yes CEXs is a lot more convenient and user friendly so for any beginner it would be really preferable if they use CEX first and dapps they can use when they have acquired more knowledge and experience in the crypto space
dapps can be quite confusing to people who are not very well knowledgeable about technology especially in the context of crypto so it might intimidate them somehow i am sure the more they learn the more they would realize the importance of dapps
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In today's digital age, the interest of building decentralized applications (dApps) over traditional Centralized apps is growing. As the technology world evolves, decentralization offers unique advantages that are hard to ignore particularly when compared to the difficulties developers face with Centralized platforms like Apple's App store or Google play store on getting their approval, plus high cost and delays
Now, in my opinion, I think dApp will be the game changer especially on easy accessbility to the entire world without restrictions. What are yours thoughts?
Well, I am actually confused and need a little bit of clarity here.
As I personally understand, even dapps are listed on Google playstore and apple store, and before any of this apps makes it into any of this two or both app Stores, the app still needs to be approved by the respective app stores.
Now, I am confused because you said developers of traditional apps face difficulties when trying to list their app on the app store, and my question is, isn't this the same difficulties the developers of decentralized apps face as well?
Google and apple app stores audit both traditional and decentralized apps before accepting to list it, which makes the difficulties equal, isn't this right? Then please correct me.
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In today's digital age, the interest of building decentralized applications (dApps) over traditional Centralized apps is growing. As the technology world evolves, decentralization offers unique advantages that are hard to ignore particularly when compared to the difficulties developers face with Centralized platforms like Apple's App store or Google play store on getting their approval, plus high cost and delays
Now, in my opinion, I think dApp will be the game changer especially on easy accessbility to the entire world without restrictions. What are yours thoughts?
Well, I am actually confused and need a little bit of clarity here.
As I personally understand, even dapps are listed on Google playstore and apple store, and before any of this apps makes it into any of this two or both app Stores, the app still needs to be approved by the respective app stores.
Now, I am confused because you said developers of traditional apps face difficulties when trying to list their app on the app store, and my question is, isn't this the same difficulties the developers of decentralized apps face as well?
Google and apple app stores audit both traditional and decentralized apps before accepting to list it, which makes the difficulties equal, isn't this right? Then please correct me.
Well, there are differences on dApp and traditional Apps.Decentralization means there are central authority controlling them, while Traditional App are Centralized, meaning they are control by the owners at will, Like Apple's App store, as mentioned, there are restrictions, with strong guide lines to follow in obtaining their approvals, the same with Google play stores.
Now, here's why you should explore dApp
1. No gatekeeper: No more waiting for App store approval or high commission.
2.Improved Security: No central point of failure, you app is safe on the blockchain.
3. Global access: Just say goodbye to geographical restrictions, dApp are accessible everywhere you go
4. Low fees
5. Innovations: build and scale faster with an open source community driven ecosystem.
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Both have advantages and disadvantages, personally I will use the app that is comfortable, you could even say I am looking for something simple and comfortable, even though it is risky
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CEXes are just more convenient at the moment, but everybody decides for themselves what suits them more.
If you don't have - that much - funds and trade daily, CEXes are good. In other more narrow ways to go - dApps.
honestly yes CEXs is a lot more convenient and user friendly so for any beginner it would be really preferable if they use CEX first and dapps they can use when they have acquired more knowledge and experience in the crypto space
dapps can be quite confusing to people who are not very well knowledgeable about technology especially in the context of crypto so it might intimidate them somehow i am sure the more they learn the more they would realize the importance of dapps
I sure hope that one day, dApps will become more convenient than now.
And that people would appreciate them more for what they are.
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1. No gatekeeper: No more waiting for App store approval or high commission.
2.Improved Security: No central point of failure, you app is safe on the blockchain.
I think there are some different definitions at play here. Let's go to examples to get more clarity. For example, do you consider BlueWallet, Electrum, or other open-source wallets as dApps or traditional apps? While there is no central point of failure since most dApps don't require a centralized server to verify users' identity there are many smart contract exploits or hacks that happen on the internet. I wouldn't call them more secure simply because of that IMO.
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In today's digital age, the interest of building decentralized applications (dApps) over traditional Centralized apps is growing. As the technology world evolves, decentralization offers unique advantages that are hard to ignore particularly when compared to the difficulties developers face with Centralized platforms like Apple's App store or Google play store on getting their approval, plus high cost and delays
Now, in my opinion, I think dApp will be the game changer especially on easy accessbility to the entire world without restrictions. What are yours thoughts?
Dapps has been with us since 2018 if I'm not mistaken and so we are all accustomed to it or developers really taking advantage of this kind of setup. Of course it has a lot advantage on traditional based of developing applications.
But I do think that we will still have the old and traditional way, it's really hard to say that they will become obsolete because of Dapps. There are still a lot of challenges of Dapps specially point of failure, like network bottleneck or scalability.