Discover and read the best of Twitter Threads about #Daaps
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➡ What is a #Daap?
👉 Decentralized Apps --> #Daaps run on distributed and immutable #blockchain networks.
🚫 This makes them essentially impossible to censor.
👉 Dapps run everything from 🎮games, 🛒marketplaces and 💰decentralized finance (#DeFi) lending platforms.
👉 Decentralized Apps --> #Daaps run on distributed and immutable #blockchain networks.
🚫 This makes them essentially impossible to censor.
👉 Dapps run everything from 🎮games, 🛒marketplaces and 💰decentralized finance (#DeFi) lending platforms.
➡ #Daaps vs Traditional Apps
⚡ A Daap (decentralized app) uses #smartcontract on a blockchain network for backend.
🔒 Daaps are highly secure & allow users to get complete ownership of their data.
⏺ Daaps are still relatively slow and involve usage costs (Eg: Gas Fees).
⚡ A Daap (decentralized app) uses #smartcontract on a blockchain network for backend.
🔒 Daaps are highly secure & allow users to get complete ownership of their data.
⏺ Daaps are still relatively slow and involve usage costs (Eg: Gas Fees).
