Although decentralized applications (DApps) can take the place of some centralized applications, their architecture, infrastructure, and implementation are quite different from that of traditional centralized applications. Not every blockchain implementation can justify its benefits compared to the existing implementations. The purpose of this chapter will be to explore a number of projects that can revolutionize decentralized networking.
In this chapter, we will be looking at both financial, and non-financial blockchain projects. Since the invention of Bitcoin, over two thousand cryptocurrencies (referred to as altcoins) have emerged and have gained a lot of attention. The widespread use of the technology gained the attention of venture capitalists and convinced them to invest in projects that were mainly focused on centralized exchanges, wallets, or creating...
