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Questions tagged [decentralization]

Without any central instance or authority; distributed over less concentrated areas.

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Why we can't build decentralized applications upon Bitcoin?

I have recently gotten into blockchain development and reading from different sources, watching videos I've incurred that we have been building major De-Fi projects, applications upon Ethereum, EVMs ...
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Creating DID (Decentralized ID) Document using Form - This is the Document that's tied to a DID

New to working with decentralized identities. I can't find a good resource that takes data elements from a form and makes a DID document. Any direction or link would be appreciated! I am working with ...
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ERC20 "transferFrom" not transferring balance/token to contract address

I am trying to make a DEX and facing an issue in swapping. I created two contracts. One is Token (of ERC20 type) and other is Exchange. Here is my Token contract. contract Token is ERC20 { address ...
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2 votes
1 answer
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Can Blockchain technology be really descentralized while using centralized ISP?

There are 15 tier 1 network providers. As I see it the vast majority of internet traffic passes through one of these 15 providers. Since a node has to connect to its peers through one of these ...
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Updatable attributes for ERC721 Tokens without touching to immutable rarity attributes

I'm trying to implement an ERC721 smart contract with some NonFungible token. Some attribute will never change, about "layout/traits" composition, and others will evolve like XP. Immutable ...
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Are there any example of Decentralized stablecoins?

I was looking for some good examples that uses Decentralized stablecoins. I want a solution where the ERC20 token is supported by another cryptocurrency say Ethereum and its rate fluctuates and ...
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Login and Signup system on mobile dapp

I'm generally new to web3 development, I have experience on building mobile apps with JavaScript and React Native. I am looking on building a mobile dapp, and I would like to start by building the ...
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1 answer
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What is it that's really decentralized in DEX-es?

The website of a DEX is, and has to be, hosted and run as a normal centralized website Right? What is it then what's decentralized about DEX-es? Is it only the fact that action of exchanging coins ...
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What is it that's really decentralized in DEX-es? [duplicate]

The website of a DEX is, and has to be, hosted and run as a normal centralized website Right? What is it then what's decentralized about DEX-es? Is it only the fact that action of exchanging coins ...
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Where have the 'social contract for hardware requirements' been previously defined?

This question is for historical purposes. The target period is pre-merge Ethereum. While plenty of early design decisions catered to lightclients, the context here is assumed to be full nodes. During ...
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Is a dapp really decentralized if the frontend is hosted on a centralized server?

If we need to access to the Dapp from a website (which requires a central DNS, a central hosting, a central team developing the front etc), does not that mean the app is not decentralized? Can we ...
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Can binance trace one's IP address or some other private data?

All the validators of the binance networks belong to Binance the company and as such as centralized, right? In case something shady happens, such as a hack that has to do with a vulnerability in a ...
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How does ethereum network keep consistent

Since nodes in Ethereum are decentralized and distributed, how does the system ensure consistency regarding the state of the blockchain. I am aware that a validator, once they find the answer to the ...
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What are some good use cases for Ethereum/ERC20 tokens within the context of a robust delivery app?

Say one wants to operate a e-commerce/delivery service app. The app is essentially a 3 sided service- customer app, rider/driver app and vendor app. Think along the lines of FoodPanda, DoorDash, ...
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1 vote
1 answer
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Could Ethereum support decentralized and not-for-profit stock markets, futures markets, etc?

A lot of the discussion I've heard around crypto seems to fixate on the currency aspect. However, to truly decentralize the global economy, it seems to me like you'd have to also decentralize the ...
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What is the meaning of decentralization?

In persuit to understand blockhain decentralization: If I am not wrong, it helps prevent control with one entity. Consider a hypothetical example of a service which takes a string and returns a ...
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1 vote
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491 views

How does ENS pricing works [closed]

I am just looking for the prices for the ENS. Can anyone help me understand the economics of ENS domain, their price depends on the fluctuations of Ethereum and if we assume that it'll always go up ...
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What is the Intent of smart contract and decentralization

I have just started on blockchain and found that there are two key benefits with Ethereum: smart contract and decentralization. I tried to understand the benefits they provide and why they could have ...
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1 answer
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Is every trade in a decentralised exchange a smart contract?

Is every trade in a decentralised exchange a new smart contract? How does exchanging work in decentralised exchanges?
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1 vote
1 answer
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Can a decentralized app know the true identity of its users?

I’ve been thinking about the architecture of decentralized applications. I know certain applications like Uniswap and Augur don’t know the identity of its users. Would these applications still be ...
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0 votes
1 answer
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Decentralized social media apps

Facebook, Instagram and Onlyfans are all centralized social media platforms. You don't have full control over your content once shared, it becomes metaphysically subject to the company's rules and ...
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0 votes
1 answer
437 views

What node(s) does Ethereum broadcast a transaction first? How is it determined?

When I as a user make a transaction, where or what node(s) does it get sent to first? How does an Ethereum node, in terms of implementation details, determine that? Does it send a new transaction to, ...
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0 votes
1 answer
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How are difficulty of finding a proof of work dynamically regulated without a central body? [duplicate]

The probability of a miners to mine a block dynamically changes so that blocks are mined at regular intervals.How does block chains accomplish this without a central regulating body,
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1 answer
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Conceptual Question: What is the point of making an auction decentralized?

I understand how a blockchain works, I know the pro/cons between a centralized vs decentralized system. My question is specifically tied to auctions (eg: ascending auctions): what advantages would be ...
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2 answers
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Better Platform to store data out of ethereum blockchain

What can be the better alternative for someone who is willing to store data off-chain? What smart-contract suppose to do is just sign a transaction and perform, while every piece of information needs ...
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5 votes
1 answer
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How is Chainlink decentralized? [closed]

I believe one of the main criticisms of chainlink is that it is not decentralized enough, adding more nodes would be a big step in a positive direction. When I pull data through a node, that node ...
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2 votes
1 answer
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How is the volume for the currency pair accounted for on chainlink's reference data feed?

https://feeds.chain.link/ - link for reference. Let's take the LINK/USD feed for example: From my understanding, the aggregation contract fetches the price of LINK in USD from the node operators who ...
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1 vote
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where to host express api that communicates with smart contract to be fully decentralised?

I need to host express api that communicates with smart contract to be fully decentralised. Any to host it decentralised.
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0 votes
1 answer
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where to host my react fornt end and express endpoint that interact with smart contract to be fully decentralised?

where to host my react fornt end and express endpoint that interact with smart contract to be fully decentralised. Are there any option to host it decentralised any cloud provider other than ...
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1 vote
1 answer
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How are decentralised leverage platforms like dydx able to provide leverage to the traders? [closed]

I just started getting along the fundamentals of DeFi and was planning to make a basic decentralised leverage trading platform. I have the confusion as to how the existing platforms(like dydx, DDEX ...
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where to host my Java web app to fully decentralised?

I need a idea to host my webapp to be on some secure distributed network. my client doesn't want to deployed on aws or gcp. he wants it to be on decentralised network p2p. Your suggestion and advice ...
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0 votes
1 answer
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How come Blockchain Voting is decentralised and secure if it's controlled by ethereum network?

I'm building a voting Dapp using ethereum blockchain but I have a doubt. The best thing about blockchain is that it's decentralized, transparent and secure i.e. no middleman or centralized server ...
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1 answer
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Ethereum Petabyte Storage Problem

As the need of blockchain systems grows so will be the storage issues and the cost of handling such large amounts of data. Is ethereum capable of handling petabyte storage or is it upto an ...
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0 votes
2 answers
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Rinkeby not producing blocks

transactions are not getting mined on rinkeby testnet and last block time is almost 2 hours ago. How did such things happen in a decentralised network?
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1 vote
2 answers
85 views

Is Metamask (and other tools like it) a threat to decentralization? [closed]

The concept of cryptocurrencies were to remove trust but tools like metamask require you to trust them with your front end.
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1 vote
1 answer
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Does it align with the base concept of blockchain, if one stores the hash value generated from IPFS network in a database?

A friend of mine utilized IPFS to store data files regarding some user info.But for an android application of the same, he retrieved all hash values(same user but different files) and stored it in a ...
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1 vote
2 answers
51 views

Does it align to the base concept of blockchain, if one stores the hash value generated from IPFS network in a database?

A friend of mine utilized IPFS to store data files regarding some user info.But for an android application of the same, he retrieved all hash values(same user but different files) and stored it in a ...
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  • 25
2 votes
2 answers
364 views

What is the current state of Swarm and Whisper?

What is the current state of Swarm ? Are they decentralized as they claim they are or they are still in development ? I am asking this because I've seen that there is no incentive for the nodes to ...
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1 vote
1 answer
161 views

how to securely share digital asset in a fully decentralized DApp

I want to design a proof of concept of a fully decentralized secure asset sharing DApp. Seller uploads the asset they want to share with a price and buyer pays it with ether or a token. Frontend and ...
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2 votes
1 answer
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How Ethereum HardFork Complete?

When a major change happen in ethereum like Softfork or Hardfork, all nodes may not agree with this. So is this change possible ? Vitalik is creator of Ethereum. But ethereum is totally decentralized, ...
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-1 votes
1 answer
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Fully Decentralized Dapp [duplicate]

How can I build a fully decentralized dapp where the frontend code (.html,.css,.js) and ABI files (build/contracts/json) are stored in ipfs and contracts on test-network. But I am unable to do so ...
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5 votes
3 answers
331 views

What are the drawbacks of layer 2?

The scalability trilemma states that a blockchain can only have two out the following three properties: decentralization, scalability, and security. Layer 2 protocols aim to make Ethereum more ...
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1 vote
1 answer
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Is there any concern for the significant number of nodes being hosted on AWS/ cloud providers?

Just curious if there is any downside that many nodes are being hosted on cloud providers? For example Infura, which supports many nodes and provides a large portion of connections to Ethereum nodes, ...
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0 votes
1 answer
74 views

Ethereum Decentralized Wallet Service API [closed]

With the decentralized nature of the blockchain space it makes sense for this to be a thing. I need a wallet API service that does not store private keys, allows our servers to create a wallet & ...
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0 votes
1 answer
576 views

What is meant by Routine escrow mechanism in buying and selling process within a decentralized platform? [closed]

As we know for buyers in the crypto-exchange, they are protected by routine escrow mechanisms , what does that actually mean?
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2 votes
2 answers
122 views

Decentralizing DNS using Blockchain

I intend to do a project on Decentralizing DNS using Blockchain. As I was researching this topic, Namecoin was a name that popped up a lot. On searching further, I got to know that Namecoin hosts ....
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0 votes
1 answer
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Is there a more "decentralized" way to verify an Ethereum account owns a particular Twitter handle?

Is this something fulfilled by a project like uPort? Basically, I need a way in my contracts to verify that a particular Ethereum address (0xasdf...) and a particular Twitter handle (@user) are ...
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2 votes
0 answers
104 views

Can we use Ethereum Swarm to store normal data other than blockchain or dapp data.

I want some basic data to be stored like name and city phone no etc.So just want to ask can I use ethereum swarm just to store file and make several node to create decentralized storage.
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1 vote
2 answers
51 views

Proper way to design a descentralized game

Let's say I'm designing a multiplayer game, where players can fight each other in different battles. As a result of each battle, players get a punctuation. Suppose I'm using a sidechain. Which should ...
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1 vote
3 answers
131 views

Sustainable business models for decentralized applications

I have following questions in my mind regarding decentralized application - How to monetize the efforts of the organization who are creating decentralized applications? Let us consider an example of ...
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