What DAPPs to build on blockchain

Advantage of DAPPs

• Zero downtime — Once the smart contract is deployed on the blockchain, the network as a whole will always be able to serve clients looking to interact with the contract. Malicious actors, therefore, cannot launch denial-of-service attacks targeted towards individual dapps.
• Privacy — You don’t need to provide real-world identity to deploy or interact with a dapp.
• Resistance to censorship — No single entity on the network can block users from submitting transactions, deploying dapps, or reading data from the blockchain.
• Complete data integrity — Data stored on the blockchain is immutable and indisputable, thanks to cryptographic primitives. Malicious actors cannot forge transactions or other data that has already been made public.
• Trustless computation/verifiable behavior — Smart contracts can be analyzed and are guaranteed to execute in predictable ways, without the need to trust a central authority. This is not true in traditional models; for example, when we use online banking systems, we must trust that financial institutions will not misuse our financial data, tamper with records, or get hacked.

DRAWBACKS OF DAPP

• High Transition cost.
• Lower speed.
• Network congestion — When one Dapp uses too many computational resources, the entire network gets backed up. Currently, the network can only process about 10–15 transactions per second; if transactions are being sent in faster than this, the pool of unconfirmed transactions can quickly balloon.
• DAPP don’t accept fiat, and there is no easy integrate from fiat to crypto while interacting with DAPP.

Good news

1. The fee for a transaction on the blockchains is decreasing year over year. Thanks to layers 2 it has decreased rapidly this year.

Let’s find out which application are better to build on Blockchain.

Let’s ask the following questions

1. Which application require censorship resistance?

Social media app, Exchanges, Defi,

2. Which application require zero-downtime?

Exchanges, Defi

3.Privacy?

social media, Exchanges, Defi.

4. Data integrity

Personal identity