Posts

Showing posts with the label proof-of-work

What is the difference between DApps and protocols?

Image
Discover the contrasting functions of DApps and protocols in the blockchain world, and gain insights into how they contribute to the growth of decentralized technologies. In recent years, the rise of blockchain technology has paved the way for groundbreaking innovations in the realm of decentralized systems. Among the revolutionary concepts are decentralized applications (DApps) and protocol s. While both are integral components of the decentralized ecosystem, they serve distinct purposes and play different roles. This article explores the contrasting characteristics of DApps and protocol s, shedding light on their respective functionalities and importance in the world of decentralized technologies. Understanding DApps Software programs that run on a decentralized network of computers rather than a centralized server are known as decentralized applications or DApps. They make use of blockchain technology to guarantee immutability, security and transparency. Like traditional applicatio...