ReverseAcid avatar

Steem - A Fertile Ground for dApps Growth

reverseacid

Published: 28 Jun 2019 › Updated: 28 Jun 2019Steem - A Fertile Ground for dApps Growth

Steem - A Fertile Ground for dApps Growth

dApps or Decentralized Applications are layers built on a base layer decentralized blockchain protocol, that enjoys all the features of a blockchain and at the same time acts as a scalable and deployable application. dApps are on an ever-increasing​ trend right now, with more and more crypto enthusiasts exploring the capabilities of the ecosystem. The main difference between a regular Web 2.0 application and a dApp is that dApps run and execute on the computation power of the users on the network, while regular applications such as Chrome, Facebook, etc., run and rely on centralized servers.

Screenshot 2019-06-28 at 7.26.33 PM.png

dApps on Steem

The Steem blockchain, being a fully customizable reputation based blockchain, supports all kinds of innovative application. Ever since its inception, developers have readily taken up the​ challenge of trying to develop and implement​ their ideas on the​ blockchain. Steemit, right now, is one of the most used dApp platform on the Steem blockchain, behind only Ethereum, EOS and Tron, that allows users to take part in the first-of-its-kind social network that​ rewards users based on their​ contribution to the network. ​Following the path, a few thousand application​s have been implementedon Steem, some building on Steemit.com itself, while others acting as independent applications. Applications ranging for Social network to gaming to e-commerce are already up and running.

Screenshot 2019-06-28 at 7.07.52 PM.png

Because of its​capability to​ act as a base layer protocol and allow applications to be built on top, and mostly because of Steemit.com, the Steem blockchain's native token (also called Steem) had risen to the most used cryptocurrency as of late 2018, when considering transaction volume.

To spread the word, ​following is the list of places where you can know and experiment with dApps on Steem for yourself:

Other Resources​:

  • SB

ReverseAcid Monthly Recap


About Reverse Acid
ReverseAcid


Be a part of our Discord community to engage in related topic conversation.
image.png


Follow our Instagram and Twitter page for timely market updates
image.png
image.png

Leave Steem - A Fertile Ground for dApps Growth to:

Written by

Evidence-backed articles about Cryptocurrency, Blockchain, Financial Markets, and Technology| Fighting misinformation | Run by two specialists

Read more #steem posts


Best Posts From ReverseAcid

We have not curated any of reverseacid's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From ReverseAcid