DApp is the abbreviation of Decentralized Application. Chinese is called distributed application/decentralized application. It is based on the underlying development platform of blockchain, such as ETH and EOS. The relationship between DApp and the underlying platform is like APP and IOS and Android.
- Applications must be completely open source, autonomous, and no entity controls the application to exceed 51% Token. The application must be able to be upgraded based on user feedback and technical requirements, and the application upgrade must be agreed upon by most users;
- The application data must be encrypted and stored on the public blockchain;
- Applications must have a Token mechanism (available with generic tokens based on the same underlying blockchain platform or self-issued SGD), and miners or application maintenance nodes need to receive token rewards;
- Application token generation must be based on standard encryption algorithms, and valuable nodes can obtain token rewards for the application based on the algorithm.