DAPP meets the innovation and creation
Meeting innovation is the outstanding point of dApp. In fact, the output of dApp has not still been fixed yet. A few of people have still been confused and unfamiliar with this application. ADapp’s built-in security system keep them not to be interfered with externalities. Therefore, this is the reason that dApps are popular even more. Normally, institutions often use dApp to develop the interface and do not need any private rights for apps, including types of games or network contents.
Transferability of NFT
NFT allows its fundamental assets to be easily transferred and traded on multiple ecosystems. Using items in games as an example, blockchains eliminate all intermediaries and play a role as an uniform platform for users to trade their items. For game developers, they can combine the complex transaction abilities like the…
NFT has a high and stable value
With the support of the underlying technology, the NFT applied developers and enthusiasts must abstract the intrinsic and use value of NFT as much as possible. Based on these historical data, they need to encrypt and write down the fundamental logic, then conduct the product design. Works or NFT assets…
Arbitrage pricing theory
Arbitrage pricing theory assumes that asset returns can be predicted based on its expected return, as well as accounting for macroeconomic factors that affect the price of the asset. In trading, if this is true, an inefficiency can be identified and a trader could potentially profit from the difference between…
DeFi’s role in the market cap’s growth
DeFi-rooted stablecoins play a crucial role in the development of the ecosystem and currently account for nearly $10 billion of total market cap. Thanks to achieved profits, total market cap has sharply increased, currently accounting for 2% of share in the global currency supply. If 2020 was the year that DeFi witnessed its explosion, 2021 would be the year that it has grown and reinforced its position in the financial space. Thanks to the gradually increasing popularity of cryptocurrency and blockchain, more and more people join the digital asset space and this is good news for DeFi.
Assessment Criteria of a Dapp’s application
The application must have an open resource code, a completely autonomous operation and any single institution or individual does not hold the majority of its tokens. The application must have decentralization. Data and records must be stored on the public blockchains to avoid the circumstances that any centralized point has been interfered with. To change applications must have a consensus of the user. Finally, it must have a digital token system to access the application. The validator (called a miner) on the system will be awarded tokens through their processings
Due to depending on Smart Contracts, dApps do not require the governing institutions to secure their functions or play a role as a sensitive data supervisor. This means that your data has not never been stored on a centralized Server that can be used as an attack vector. Due to the…
DAPP’s security enhancement
A decentralized application stores all its data on the blockchain. When it is verified by the network, the data will be immutable and safe. Even the creator of dApp cannot shuffle any data as it is added to the blockchain. This includes financial transactions conducted by Smart Contracts as well as the user’s data or anything else. The way that blockchains disable cyber-attacks through Proof of Work or Proof of Stake protocols, dApp’s data is protected by the same advanced cryptography.
Crypto exchange’s influence on the liquidity
The exchange is a market where assets are freely traded between the buyer and the seller. Higher number of cryptocurrency exchanges shows that the market activities (and transactions) are bigger as there are many ways to help the individuals to own their cryptocurrency. The acceleration on performance and trading volume helps increase the market liquidity. Now, there are more than 200 cryptocurrency exchanges, 21 decentralized exchanges and several existing peer-to-peer (P2P) exchanges. There are other exchanges that have been working and are going to launch in the near future.