DAPP’s classification

WOLFinance
1 min readSep 1, 2021

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 operating manner of a decentralized network, data is distributed on numerous nodes or Client computers to contribute to the computing power of the network. By this way, even if a node is attacked or infiltrated, the network has still been completely safe. Because the network’s configuration and all data are secured on the blockchain on all devices instead of an only position. This means that a company cannot sell or mishandle your data. Because of Smart Contracts, not administrators who control your data.

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