DApp is introduced
DApp: Decentralized Application, i.e. Decentralized Application. DApps is a software application that runs openly on a blockchain network. Since DApps does not rely on a central entity to run, it eliminates the risk of a single point of failure, and no individual can change the application’s data unless they have access to almost all network computers and adjust it there.
DApp and smart contract
DApp is a “blockchain enabling” website, in which smart contracts allow it to connect to the blockchain. The easiest way to understand this is to understand how traditional websites work. For traditional centralized applications, the back-end code runs on a centralized server. In contrast, the back-end code of a DApp runs on a decentralized P2P network. Decentralized applications include the entire package from the back end to the front end. Smart contracts are just one part of DApp.
The benefits of developing DApp with TrueChain
1. Fast trading
A transaction on TrueChain takes an average of three to five seconds to process. That’s 100 times the trading speed of ethereum.
2. More decentralized
TrueChain designed and implemented the world’s first hybrid consensus public chain, the first public chain project to solve the “impossible triangle”, and the first available third generation public chain. At the same time, TrueChain is at least 100 times more decentralized than EOS and other DPoS.
3. Support secure high TPS
TrueChain can safely implement 1200–1900 TPS in an unlimited node environment.
4. Miners’ fees (Gas) are extremely low
Currently, one TRUE can pay 1 million ordinary transaction fees.
5. Gas payment for miners
At present, when users use DApp issued by other public chains, they must first buy the main network currency of the current public chain, either pay GAS or rent CPU by pledge, which will lose a large number of users in the promotion of DApp. And based on TrueChain paid the fee mechanism, DApp issuers can be paid users in the process of use DApp Gas charge, on the other hand, Gas cost is extremely low, as the project also have the ability to bear this charge completely, it’s extremely high threshold to reduce the use of the user to provide the user’s conversion rate, quickly obtain a large number of users.
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