Today, Dapp is an application based on blockchain technology
In 2013 Daniel Larimer, a founder of Bitshares and Steem platforms, wrote an article on “decentralized autonomous corporations, or DAC”. In his work, Larimer considered the activities of the company as a “horizontal structure”, where each employee is its co-owner, and has full access to information. In this material for the first time the term Dapp (Decentralized Application, DApps) was heard.
Today, Dapp is an application based on blockchain technology, open source and resistant to attacks. However, dapp developers have faced the problem of storing information. Traditional cloud storage is too expensive and can not guarantee the integrity of the information (proven by Snowden).
The solution was found by the team of Casper API, which developed and started creating decentralized cloud storage. The implemented project will allow to split files into several elements and store them on blocks scattered around the world. In other words, the information is stored everywhere, but is not available to anyone except the owner. Given that millions of blocks are involved in the ecosystem, the volume of such storage is practically unlimited.
