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DAPP Network

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News

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What is DAPP Network?

DAPP Network — a versatile bridge framework and middleware for the powerful services, required for interoperability between blockchains and modern decentralized crypto hot applications.

Contents:

DAPP Network

How does DAPP Network work?

The DAPP Network is operated by DAPP Service Providers (DSPs), specialized nodes, running on top of the blockchain, using IPFS to store data. Developers and other users can put a DAPP token for a configurable time period for the DSP in exchange for services.

The main services of this crypto profit project include:

vRAM The trustless caching layer for EOSIO RAM reduces the total amount of RAM, required for DAPPs to run.
LiquidHarmony A set of Oracle query formats and examples (price streams, random numbers, etc.).
LiquidScheduler One-time or repetitive cron service in a chain.
LiquidAccounts EOSIO accounts, stored in vRAM versus RAM.
LiquidStorage IPFS storage service (images, videos, etc.).
LiquidLink EOSIO / ETH Arbitrary Multi-Signature Signature Service (EVM).

Services can also be bundled for features such as the EOSIO <> ETH token / nft bridge that uses vRAM to store transfer information, LiquidHarmony to receive new transfers and perform finality checks, LiquidLink (trxs ETH signing) and LiquidScheduler to run the previous 3 services on a repeated interval.

The DAPP token is a multipurpose utility token that provides access to the DAPP network.DAPP Network

It helps to support an ecosystem of utilities, resources and services, specifically catering to the needs of decentralized application developers, building user-centric decentralized applications. Those wishing to use the DAPP network must supply a DAPP token to one or more DSPs (DAPP service providers) for one or more services through their DSP packages. Information about the DSP package is available in one of the community, created by user interfaces.

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DAPP service providers earn a percentage of the annual inflation of the DAPP token. They can report this inflation every 24 hours and it depends on how much of the total supplied DAPPs they own. Thus, if a DSP has 1% of all DAPPs currently billed, that DSP is eligible to claim 1% of the inflation, being issued at that time. You can get more information about the project through a special introductory document. It contains answers to the main questions.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.