Decentralized Apps (Dapps)
Benefit of Decentralization: Censorship Resistance
A benefit of a decentralized app is censorship resistance.
Benefit of Decentralization: Proof Ownership
A benefit of a decentralized app is proof of user ownership.
Benefit of Decentralization: Trustless Architecture
A benefit of a decentralized app is trustless architecture, where smart contracts are hosted and validated by the entire network.
Benefit of Decentralization: Native use of Blockchain
A benefit of a decentralized app is the ability to natively use the currency of the blockchain an app is built upon.
Drawback of Decentralization: Slow Speed
A drawback of a decentralized app is its slow speed.
Drawback of Decentralization: Complexity
A drawback of a decentralized app is that decentralization is its complexity.
Web2
Web2 consists of web applications that are built on an architecture that is owned and controlled by a single entity.
This is a more centralized way of creating web applications.
Web3
Web3 consists of web applications that are built on an architecture that is distributed among a decentralized network of entities. The technology used to decentralize the data is blockchain.
