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DREP family

How Can DAPP Survive in the Segregated Public Chains?

To be a dependent of public chain, or to become an independent DAPP? That’s a question.

DApp for blockchain is similar to App for Internet, its ecological development represents the commercial application capability of blockchain at consumer end. Therefore, DApp has always been the focus of the industry. Countless public chains have high expectations for DApp, they wish it could enrich the ecology of public chain and bring them real users, therefore creating the practical values.

Since market is unpredictable, user retention and profit dilemma have become difficult problems during the practical application of public chain. Choose which public chain and how to innovate, becoming the key factors for DApp’s survivals.

“Trump”in blockchain industry — DApp

The public’s impression of Trump is that with a lot of expectations form the public; However, the result is always far from satisfactory. An unreliable person.

From the boom in 2018 to the slump in 2019, the scale and user are far from the expectations according to the statistic of DApp. Accroding to dapp.com, the total number of DApp is 2,919 by 9th, September. Most of these DApps are featured by high-risk, games, gambling and exchanges, etc. The total number of daily active user (DAU) is 120474, that is, the average DAU of each DApp is only 41.3. The highest DAU among these DApps is 23480, which is not a patch on the Internet APP’s ten million or one hundred million DAU.

Without many new users, the development of DApp will certainly be arrested. If we regard the DApp with DAU lower than 10 as a dead DApp, then there are only 256 DApp alive among these 2919 DApp, with 91.2% mortality rate.

Though there is no public data to disclose the profit status of each DApp, we can also find it from the low DAU and these constantly suspended games.

Since the cost of DApp developers is high and company is difficult to make profit, many public chains use subsidy to attract DApp. A typical one is ecological incentives, public chain will reward DApps built on their own chains and meanwhile meeting certain requirements with a certain number of tokens.

However, this kind of subsidy from public chain can’t fundamentally solve the problem. DApp will certainly die without users.

DApp’s Choice: Launch on Multiple Public Chains

To reach as many users as possible, developer teams start launching their DApp on multiple public chains. It means that DApp with consistent product form and business logic is launched on different public chains. It is beneficial for developer teams: first, it can help to reach users to the greatest extent; secondly, it can take full advantage of incentives from different public chains.

However, this multi-chain launch of DApp has not yet become mainstream. There are two main reasons. The first one is the high cost of development and maintenance. Since there are still major differences among different public chain’s underlying technologies, it requires a lot of time and energy to make DApp operate normally in another public chain. The second one is that if they develop different versions of DApp based on different public chains, DApp’s user and data system will be split.

To solve this problem, we need to start form the following 2 aspects. On the one hand, whether the business logic and user experience is good enough to attract and retain users? On the other hand, public chain, the foundation of DApp, need to work out a better solution.

The Dream Chain Tailored for DApp — DREP

If there is a connector, it could open segregated user groups and data silos across multiple public chains, launch DApp with one click, minimize the cost and revenue pressure of DApp, then it can easily solve this big problem.

For DApp, DREP is the dream chain with the best solution. Regarding to the above problem, DREP proposed a complete solution.

DREP decentralized ID, corss-chain infrastructure and DREP SDK forms a “connector”. With this connector, DApp is able to launch multi-public-chain asset versions with one click, realize cross-platform account and data integration, and enhance data privacy protection through homomorphic encryption in the data sharing process.

Below are the corresponding infrastructures for the above solution:

1. A high-performance public chain fully developed by the DREP team. It is compatible with Smart Contracts in EVM and WASM formats with a dual-layer structure consisting of a root chain and sub-chains.

2. The Smart Pipeline. It enables data transmission between the blockchain virtual machine and external applications. It is able to achieve high efficiency, zero gas consumption and strong scalability without affecting security. These needs are not met with Smart Contracts.

3. A decentralized ID system based on HMAC (Hash Message Authentication Code) algorithm. It forms a dual-layer system of master ID and multiple sub-IDs to achieve data connectivity and privacy protection. The DREP Client allows users to manage data and assets on centralized and decentralized platforms all in one place.

4. DREP reputation system enables precise marketing and data monetization while protecting privacy. It encourages users to be a long-term holder of DREP DID.

5. DREP developed API, Plug-in and SDKs for a number of differing verticals. With these toolkits, DApp R&D teams are able to release multi-public-chain asset versions, built-in wallets and asset trading platforms with one-click. Based on DREP ID, DApp R&D teams are also capable of acquiring more public chain users, transforming various digital asset holders into application users and creating Super DApps.

6. An easier code logic, a more secure encryption method and a lower cost algorithm, etc.

To some extent, DREP helps DApp to get rid of the limitation of single public chain, allowing them to reach a more extensive market and users.

DApp Is Still the Most Effective Way for People to Reach Blockchain

Recently, two data and distribution platforms, DApp Rader and Dapp.com, received investments. It proves that even though DApp is facing many problems such as public chain separation, user dispersion, and profitability, the capital is still optimistic about the development of DApp. Not only are many entrepreneurs continuously working on it, but public chains are also supporting the DApp in their own way.

Though the current DApp is not a circumstance to APP, it still has its own advantage and prospect in some fields. Of course, it also relies on some public chain’s development like DREP.

DREP believes that practitioners still have a good vision of DApp. Just like blockchain, DApp will have a healthy development after the fanatical trend.

About DREP Foundation

DREP is committed to building “connectors” and “toolkits” based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration. Based on DREP Chain, DREP ID and DREP SDK, DApp R&D teams are able to release multi-public-chain asset versions, built-in wallets and asset trading platforms with one-click.

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DREP Foundation

DREP Foundation

DREP 2.0 is the decentralized credit-data middleware based on layer-2 facilities, to be the backbone of DeFi Credit Era.