A Dapp is an application that works on a decentralized peer-to-peer network without relying on a centralized server and uses an autonomous system of smart contracts to govern its operation.
Blockchain technology is revolutionizing how we think about data storage and distribution and changing how we think about applications. Native decentralized applications are now being developed on blockchain protocols, offering a similar experience to centralized apps. By using open-source frameworks, applications are programmed to work in an entirely decentralized manner, meaning a central authority cannot modify them. Users of Dapps don't need to trust a third party with their data because it is cryptographically stored on the blockchain. And interconnected apps and services can work together to provide the user with a complete experience.
Decentralized apps differ from traditional apps in how they store their data and execute their code. A centralized entity does not control them, but instead, they work on a peer-to-peer network. For example, in a centralized application, one server stores all the data and handles all the tasks; if this server is compromised or hacked, the entire application is compromised. Dapps are different; they use multiple servers to store different parts of data and handle tasks independently. So, even if one of these servers is compromised, it won't affect the other servers, and the rest of the system will be safe from an attack.
There are two types of Dapps - Native Dapps and Web-based Dapps. Native Dapps run on the blockchain, whereas Web-based Dapps use centralized servers to power their front end. Native Dapps have better security because they don't rely on third parties for hosting their data or running their code, but they also require more resources to run, which can make them less efficient than web-based Dapps.
Dapp use cases are limitless and include digital wallets, social media platforms, voting systems, insurance, finance, etc. Their popularity is increasing as more people feel the need to take control of their data and privacy. Sound good? Here are the main benefits;
Data Security - data isn't stored on a single server but an entire network, so there's less risk of corrupting or hacking the data.
Censorship Resistant - all transactions are visible to all participants, which means that users can trust the system, and nothing can be censored.
Accessibility - personal information is not required to benefit from the functionality of a Dapp.
Zinnia is committed to developing free blockchain products to protect users from data exploitation and return the control of data to the individual. So we are creating a Dapp to secure your data and provide blockchain-backed proof of your original creations. This Dapp will run on the Zinnia Network and will be able to secure data across blockchains using our Blockchain Anchors. Currently projected to be available three months after launch, the Zinnia Dapp will give users the following;