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So what Dapps does anyone here use apart from decentralized exchanges and crypto kitties? One I came across recently that looks promising is joy stream: http:

So what Dapps does anyone here use apart from decentralized exchanges and crypto kitties? One I came across recently that looks promising is joy stream: http://joystream.co http://joystream.co Joy stream appears to be a service which rewards people for hosting torrents. I could see this being used by a lot of people. Are their any services that provide usage figures for any of these Dapps? I’d be curious to know how much they are used as I think Dapp usage is a good bellwether for utility token valuation. I really want to see crypto currency move beyond just being used for speculation.

RexetBlell 8y ago
The Dai stable coin. Many different smart contracts are constantly working together to keep the token worth very close to 1 USD: https://coinmarketcap.com/currencies/dai/ https://coinmarketcap.com/currencies/dai/
- sanderjd 8y ago
  Why is that good?
  - htormey 8y ago
    I assume because it allows you to trade in and out from crypto positions to something that tracks fiat. This of course assumes that this coin can actually hold its value in the event of a market crash. I also assume it’s not backed by real dollars held in a bank but some kind of basket of other cryptoassets right?
    - RexetBlell 8y ago
      No it is not backed by real dollars in a central location. It's a kind of a derivative. The way it works is very interesting. Recently Andreessen Horowitz and others invested 12M into the project.
    - mattnguyen 8y ago
      It's currently backed by ETH but is moving towards multi-collateral assets. Today, they announced a partnership with Omisego [1], with one goal to allow OMG to be used as a type of collateral. There's also chatter about using DIGIX, which is another stablecoin pegged to the price of gold. The mechanism by which they maintain stability is quite fascinating. From the whitepaper [2]: > The Dai Target Price is used to determine the collateral-to-debt ratio of a CDP, and thus the Target Price represents the price at which Dai is backed by collateral in the long term. The Target Price is continuously adjusted according to the current Target Rate. Automatic Target Rate adjustments ensure that the Dai market price remains stabilized around the Target Price in the short term. > When the market price of Dai is below the Target Price, the Target Rate increases. This causes the Target Price to increase at a higher rate, causing generation of Dai to become more expensive. This leads to CDP users covering their CDPs and leaving the ecosystem, causing the outstanding supply of Dai to decrease. At the same time, the increased Target Rate causes the capital gains from holding Dai to increase, leading to a corresponding increase in Dai demand. This combination of reduced supply and increased demand causes the Dai market price to increase, pushing it up towards the Target Price. [1] https://medium.com/makerdao/makerdao-and-omisego-announcing-dai-and-omg-collaborations-23600a080046 https://medium.com/makerdao/makerdao-and-omisego-announcing-... [2] https://github.com/makerdao/docs/blob/master/Dai.md#target-price-target-rate-and-the-sensitivity-parameter https://github.com/makerdao/docs/blob/master/Dai.md#target-p...
      - fiatjaf 8y ago
        How does the system gets information about its own price in relation to the US dollar?
        mattnguyen 8y ago
        They have a an oracle smart contract that takes the median of a variety of whitelisted price feeds. https://developer.makerdao.com/feeds/ https://developer.makerdao.com/feeds/
  - RexetBlell 8y ago
    In general, it is better if the value of your money that you want to use to buy things does not fluctuate every minute like in the case of Bitcoin. People are working on Dapps for insurance, lending, prediction markets. It is not practical to take out a loan that is denominated in a volatile currency. Also, If you want to bet on the next president in 2020 for example, it is not practical to make the bet using a volatile currency such as Bitcoin.
    - hudon 8y ago
      What about using the USD? And using insurance/lending/prediction markets that use the USD?
      - fiatjaf 8y ago
        USD can't be sent over the wire without the approval of and fees paid to banking institutions, with which both parties must be previously related and approved by.
      - fiatjaf 8y ago
        USD is not the ideal currency in terms of value stability. I know nothing about Dai, but if it works, its technology could be expanded to other, more material, more reliable assets than USD, and that would be great.
- ElCapitanMarkla 8y ago
  I hadn’t heard of this, it’s an interesting concept
- atomical 8y ago
  This isn't a dapp.
  - zodiac 8y ago
    The core mechanisms are enforced by smart contract, dai issuance comes from multiple entities, it provides (or aims to provide) a large number of users some utility (stable purchasing power, whether to hold or spend) - why is it not a dapp?
    - atomical 8y ago
      Is every smart contract a dapp then?
jeswin 8y ago
> So what Dapps does anyone here use apart from decentralized exchanges and crypto kitties? I use patchwork everyday, just like FaceBook or Twitter. Content quality is excellent. https://github.com/ssbc/patchwork https://github.com/ssbc/patchwork That is, if Dapps can be taken to mean distributed apps - instead of just apps on blockchain with consensus.
- fiatjaf 8y ago
  Dapps mean apps on blockchain and consensus. Patchwork does not apply, otherwise one could mention "Torrents!" etc. You would be at least 20 years late to the party.
  - sanderjd 8y ago
    That seems like the point the parent is making: we already have "distributed apps" and have for decades.
    - fiatjaf 8y ago
      By making that point its implied that he doesn't understand why has this new term, "Dapp", been created.
- pavlov 8y ago
  Patchwork looks great. But it's an old-school distributed/federated app in the vein of IRC or XMPP, right? The definition of a "dApp" these days seems to require blockchain, either for storage or for a token ecosystem. This co-opting of the word "distributed" is unfortunate but probably as difficult to fix at this point as the misuse of "crypto".
- mkirklions 8y ago
  Anyone else a programmer/tech person that thinks blockchain is awful for storing information? Centralized servers are extremely good at what they do. I feel like most of the time blockchain isnt needed unless things need to be decentrally verified. I was considering doing my own 'cryptocurrency', but I decided a centralized server was better for doing the job at hand.
gnarbarian 8y ago
http://d.tube http://d.tube
dagaci 8y ago
https://steemit.com/ https://steemit.com/ is very popular
- htormey 8y ago
  Here is a really good video on steem: https://youtu.be/6HseuaDMmGo https://youtu.be/6HseuaDMmGo Guy uses it a lot. The video goes into its history and some of the issues that have emerged on the platform.
- homakov 8y ago
  A website. Just a website.
gh1 8y ago
Golem (decentralized computing for rendering, machine learning etc.) just went into beta yesterday.
- luismmolina 8y ago
  Only works with Blender at the moment
mikejarema 8y ago
> Are their any services that provide usage figures for any of these Dapps? The closest I've seen to this, eg. an Alexa.com/AppAnnie for Dapps, is https://dappradar.com https://dappradar.com. It measures DAUs, transaction counts and daily/weekly tx value (in ETH) across many Ethereum smart contracts. It's not perfect but does provide a decent standardized view of some Dapp usage/traction.

RexetBlell 8y ago

The Dai stable coin. Many different smart contracts are constantly working together to keep the token worth very close to 1 USD: https://coinmarketcap.com/currencies/dai/ https://coinmarketcap.com/currencies/dai/

sanderjd 8y ago
Why is that good?
- htormey 8y ago
  I assume because it allows you to trade in and out from crypto positions to something that tracks fiat. This of course assumes that this coin can actually hold its value in the event of a market crash. I also assume it’s not backed by real dollars held in a bank but some kind of basket of other cryptoassets right?
  - RexetBlell 8y ago
    No it is not backed by real dollars in a central location. It's a kind of a derivative. The way it works is very interesting. Recently Andreessen Horowitz and others invested 12M into the project.
  - mattnguyen 8y ago
    It's currently backed by ETH but is moving towards multi-collateral assets. Today, they announced a partnership with Omisego [1], with one goal to allow OMG to be used as a type of collateral. There's also chatter about using DIGIX, which is another stablecoin pegged to the price of gold. The mechanism by which they maintain stability is quite fascinating. From the whitepaper [2]: > The Dai Target Price is used to determine the collateral-to-debt ratio of a CDP, and thus the Target Price represents the price at which Dai is backed by collateral in the long term. The Target Price is continuously adjusted according to the current Target Rate. Automatic Target Rate adjustments ensure that the Dai market price remains stabilized around the Target Price in the short term. > When the market price of Dai is below the Target Price, the Target Rate increases. This causes the Target Price to increase at a higher rate, causing generation of Dai to become more expensive. This leads to CDP users covering their CDPs and leaving the ecosystem, causing the outstanding supply of Dai to decrease. At the same time, the increased Target Rate causes the capital gains from holding Dai to increase, leading to a corresponding increase in Dai demand. This combination of reduced supply and increased demand causes the Dai market price to increase, pushing it up towards the Target Price. [1] https://medium.com/makerdao/makerdao-and-omisego-announcing-dai-and-omg-collaborations-23600a080046 https://medium.com/makerdao/makerdao-and-omisego-announcing-... [2] https://github.com/makerdao/docs/blob/master/Dai.md#target-price-target-rate-and-the-sensitivity-parameter https://github.com/makerdao/docs/blob/master/Dai.md#target-p...
    - fiatjaf 8y ago
      How does the system gets information about its own price in relation to the US dollar?
      - mattnguyen 8y ago
        They have a an oracle smart contract that takes the median of a variety of whitelisted price feeds. https://developer.makerdao.com/feeds/ https://developer.makerdao.com/feeds/
- RexetBlell 8y ago
  In general, it is better if the value of your money that you want to use to buy things does not fluctuate every minute like in the case of Bitcoin. People are working on Dapps for insurance, lending, prediction markets. It is not practical to take out a loan that is denominated in a volatile currency. Also, If you want to bet on the next president in 2020 for example, it is not practical to make the bet using a volatile currency such as Bitcoin.
  - hudon 8y ago
    What about using the USD? And using insurance/lending/prediction markets that use the USD?
    - fiatjaf 8y ago
      USD can't be sent over the wire without the approval of and fees paid to banking institutions, with which both parties must be previously related and approved by.
    - fiatjaf 8y ago
      USD is not the ideal currency in terms of value stability. I know nothing about Dai, but if it works, its technology could be expanded to other, more material, more reliable assets than USD, and that would be great.
ElCapitanMarkla 8y ago
I hadn’t heard of this, it’s an interesting concept
atomical 8y ago
This isn't a dapp.
- zodiac 8y ago
  The core mechanisms are enforced by smart contract, dai issuance comes from multiple entities, it provides (or aims to provide) a large number of users some utility (stable purchasing power, whether to hold or spend) - why is it not a dapp?
  - atomical 8y ago
    Is every smart contract a dapp then?

jeswin 8y ago

> So what Dapps does anyone here use apart from decentralized exchanges and crypto kitties? I use patchwork everyday, just like FaceBook or Twitter. Content quality is excellent. https://github.com/ssbc/patchwork https://github.com/ssbc/patchwork That is, if Dapps can be taken to mean distributed apps - instead of just apps on blockchain with consensus.

fiatjaf 8y ago
Dapps mean apps on blockchain and consensus. Patchwork does not apply, otherwise one could mention "Torrents!" etc. You would be at least 20 years late to the party.
- sanderjd 8y ago
  That seems like the point the parent is making: we already have "distributed apps" and have for decades.
  - fiatjaf 8y ago
    By making that point its implied that he doesn't understand why has this new term, "Dapp", been created.
pavlov 8y ago
Patchwork looks great. But it's an old-school distributed/federated app in the vein of IRC or XMPP, right? The definition of a "dApp" these days seems to require blockchain, either for storage or for a token ecosystem. This co-opting of the word "distributed" is unfortunate but probably as difficult to fix at this point as the misuse of "crypto".
mkirklions 8y ago
Anyone else a programmer/tech person that thinks blockchain is awful for storing information? Centralized servers are extremely good at what they do. I feel like most of the time blockchain isnt needed unless things need to be decentrally verified. I was considering doing my own 'cryptocurrency', but I decided a centralized server was better for doing the job at hand.

gnarbarian 8y ago

http://d.tube http://d.tube

dagaci 8y ago

https://steemit.com/ https://steemit.com/ is very popular

htormey 8y ago
Here is a really good video on steem: https://youtu.be/6HseuaDMmGo https://youtu.be/6HseuaDMmGo Guy uses it a lot. The video goes into its history and some of the issues that have emerged on the platform.
homakov 8y ago
A website. Just a website.

gh1 8y ago

Golem (decentralized computing for rendering, machine learning etc.) just went into beta yesterday.

luismmolina 8y ago
Only works with Blender at the moment

mikejarema 8y ago

> Are their any services that provide usage figures for any of these Dapps? The closest I've seen to this, eg. an Alexa.com/AppAnnie for Dapps, is https://dappradar.com https://dappradar.com. It measures DAUs, transaction counts and daily/weekly tx value (in ETH) across many Ethereum smart contracts. It's not perfect but does provide a decent standardized view of some Dapp usage/traction.