For supporters, dapp (decentralized application) is the future of the Internet. For critics, they are a multimillion-dollar pit with huge development costs, bad user interface, and no users. Will early test cases like Augur and IDEX appear on the Internet, or will they become an unrealistic experiment doomed to fail?
Decentralized currency is a success, but decentralized applications are still unprovenThe aversion to dapps seems to have become commonplace. After all, they are easy targets to be attacked. Although all the headlines are about VCs investing millions of dollars in seed money into dapps like Crypto Kitties and the high-profile release of Augur, which is valued at $311 million, the things behind these are not so optimistic. After Augur was launched a few years ago with a high profile, it has made personnel adjustments. Its daily active users (DAUs) are generally no more than 60 people, and it is said that Augur is still the top dapp on Ethereum.
If you browse the categories on Dappradar, you will find that there are many more people talking about dapps than actually using them. Dapps with less than 90 daily active users can enter the top 20 of all categories, and dapps with about 230 daily active users can enter the top 10. Only the decentralized exchanges IDEX and Forkdelta, plus the uncontrolled Ponzi scheme Fomo3D, are used by more than 1,000 active users every day. It is foreseeable that in the development of this technology, which is still in its infancy, the number of daily active users should be very low, and this number is already low enough to put all daily active users of a certain dapp into one room. Up.
"Design is the killer application of cryptocurrency"Coinbase published a widely reprinted article this week-"Why Design is the Killer Application of Cryptocurrency". When the Internet first appeared, you couldn't predict that people would use it to share their houses and cars in 20 years (thanks to Airbnb and Lyft). The builders of the network do not need to know what all the possibilities are-they are just a group of passionate people who believe that this technology is important to society and a change, and they work together to make it a reality.
Coinbase uses road sign design as an example to illustrate how the UI has improved over time
Dapps and other parts that make up Web 3.0 often appear clumsy and complicated to outsiders. Affected by picky social networks, the user interface of dapps has been exposed when they are placed under the spotlight. Internet users tend to doubt those dapps that are not comparable to centralized applications. Once the design of the dapp is improved, the speed of the blockchain they run will increase, so theoretically users will follow. Federico Ast, the founder of the decentralized judicial protocol Kleros, agrees, telling news.Bitcoin.com:
People are usually skeptical of new technologies. It is easy to ignore it when you compare the first iteration of a new technology with the existing version of the previous technology.
From GPS to Bitcoin wallets, the early versions are always badAnyone who has been exposed to Bitcoin from the beginning knows that decentralized technology has made great strides. There is no QR code or mobile application in the first Bitcoin wallet: there is only a slow and unsightly desktop version of the program, and you need to synchronize the transaction records of the entire blockchain. GPS is another tool in our mobile phones, and we take it for granted, but if you look at the Top Gear in the late 1990s, you will find that Jeremy Clarkson was testing a GPS kit for $5,000 at that time. It is a box like the GPS we install in the car.
Kleros' first foray into the dapps field was a test of its judicial agreement Doges on Trial. Participants were invited to upload photos of fake dogs or cats to see if they could fool people's eyes. Like all dapps, it looks very rudimentary, but it also has some serious concepts to test. Federico Ast of Kleros noted:
Of course, the earliest cars were slower and more expensive than horses. Sending the first email is more expensive than traditional email, but the performance of the new technology is increasing exponentially. The new technology may be a “stupid experiment†at first, but it may be the first step in a complete rethinking.
Early GPSIt has been nine years since the genesis block of Bitcoin was mined, and a considerable number of people need decentralized currency. We may still need 9 years to determine whether they want decentralized applications. The number of daily active users of dapps is not that exciting, but it is foolish not to be optimistic about them at the beginning of the game. This is like looking at the Internet, GPS and other things that we now take for granted. The same is true for proven transformative technologies.
In addition, in an era of increasing scrutiny and regulation, we need decentralized applications more than ever.
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