IIEC Certified ICO Advisor™ Exam Questions – Project Idea

Dapps are applications that are peer to peer networks of computers rather than a central server. The users connect to each other directly.

In a centralized app, you would maintain ownership of your data. People would pay each other for your data instead of one group profiting off all of it. Your data is your most valuable asset in the new data economy.

In a decentralized app since there is no central point of failure, you could either choose to store your data securely yourself or have your data replicated across many different clients. It moves us to a permanent web. A web where links never die.

In a Dapp, if you wanna load a website, instead of  your computer requesting from a server across the world, it’ll find the request copy closest to you.

A decentralized app could never be shutdown by anyone. Even if a government shuts down, people would still communicate with each other offline, in their Local Area Network (LAN), by connecting each others directly.