Page 53 - Understanding EOS TojuKaka FlipBook

smart contracts.
● DApps are immune to censorship.
● Due to their decentralized nature, dApps are more
secured from abuse or hacks compared to regular
apps.
● DApps are owned by the community of
stakeholders who interact with them not a group
of individuals such as the CEO and his team or
some few stakeholders.
● DApps usually have tokens that are used within
the application. The tokens may/may not
represent ownership of the platform but they
have utility within the dApp.
● DApps use cryptocurrency tokens to incentivize
the stakeholders in the community. There are
rules and reward mechanisms to ensure that all
participants in the system have an incentive to act
fairly.

Types of dApps

Based on the way they can fit into real-world use-
cases or the way they are used, dApps can be
classified into six broad categories: Money
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