Company
Date Published
Author
Chainlink
Word count
981
Language
English
Hacker News points
None

Summary

Decentralized applications (dApps) operate without relying on centralized servers, utilizing blockchain and oracle technologies to maintain secure and tamper-proof backends. This tutorial guides users through developing an end-to-end dApp, where users can access and store the current ETH price using a smart contract. Unlike traditional apps, dApps' backend logic is executed on blockchains, offering advantages such as enhanced privacy, resilience against manipulation, and execution in low-trust environments. However, these benefits come with challenges, including maintenance difficulties, lower performance, and a less streamlined user experience due to the need for Web3 wallets and transaction fees. The tutorial details the dApp's components: smart contracts for business logic, a frontend UI developed with standard web technologies like React and Ether.js, and data storage using distributed services such as IPFS to manage costs and efficiency. The process involves creating a smart contract with Chainlink data feeds, deploying it on the Rinkeby test network, and developing a React-based frontend to interact with the contract, culminating in a functional dApp that combines blockchain security with a user-friendly interface.