What is the difference between dApps and legacy applications? Current web applications run on servers, meaning they inherently rely on middlemen to run those servers and monitor the data which passes between them. This means that applications must to some extent rely on governments and ISPs. Decentralized applications, commonly known as dApp, run on decentralized code which is stored on a blockchain. dApp development has several distinct advantages:
Decentralized applications are powered by smart contracts – self-executing contracts written in code that provide automation. This can drastically reduce transaction costs and enable frictionless peer-to-peer transactions.
The addition of blockchain’s security and a lack of reliance on any central servers makes dApp development more reliable than traditional web applications. The data is stored on a so-called public ledger that records everything in a secure and transparent way and guarantees no one can manipulate it. They create openness, transparency, and eliminate the need for middlemen when it comes to connecting to your customers.
The use of a blockchain also eliminates the need for users to create accounts. The dApp recognizes users using blockchain validated cryptography. This facilitates greater privacy and ease of use.
Have a great decentralized application idea but lack the technical expertise to bring it into reality? Since 2017, LimeChain has brought numerous dApps from idea to market. As a blockchain development and consulting partner, LimeChain has developed Ethereum dApps and EOS dApps – the two most established and commonly used public blockchain networks.
From token integration to frictionless UX design, LimeChain provides end-to-end dApp development services, powered by a relentless team of blockchain engineers, full-stack developers, and UX designers.
LimeChain has designed and built several dApps already. You can check it out on our Customers page and if you want to get detailed information on the different use cases we will be happy to contact us at [email protected].
Read more: How to build your first dApp on Ethereum.