What is DAppNode (NODE) | What is DAppNode token | What is NODE token
In this article, we’ll discuss information about the DAppNode project and NODE token
What is DAppNode?
DAppNode is a simple FOSS platform for deploying and hosting DApps, P2P clients and blockchain nodes. A censorship-resistant tool built to help bringing the decentralized world everyone wants for themselves, their friends and family.
For the user, DAppNode takes the shape of a platform, hosted in a machine that this person owns, that allows them to deploy Decentralized Apps and Blockchain Nodes in their own machine and access them directly via a decentralized protocol without using any centralized gateways or gatekeepers.
- It has a DAppStore where the available Apps can be downloaded and installed in a couple of clicks
- It has several connection options that allow the user to access their DAppNode securely from anywhere and from any device, their phones, laptops, even from other countries.
- It allows users to earn cryptocurrencies by participating in the maintenance, validation or resource sharing of certain decentralized networks.
The problem
Most nodes for public blockchains nowadays have a degree of architectural or/and political centralization. The first refers to the number of machines a system is made of, and the second concerns the ownership of such machines.
A very common case is to host a node in a Virtual Private Server (VPS). This puts your node in the hands of a highly centralized company like Digital Ocean or Amazon, which could block and censor your access. Moreover, they could be hosting different nodes in the same machine, architecturally reducing decentralization too. Your DAppNode gives you complete control over your nodes and benefits the network.
Another common case in the Ethereum blockchain is to connect through a node owned by Infura. While Infura’s work on providing infrastructure for the network is comiable and a necessity at this stage, we can see how the ownership of a majority of nodes by the same company is a centralizing factor.
We, DAppNode, have set up to empower everyone, regardless of their technical ability, to be able to break free of any centralization and possibility of access censorship by running their own node and host their favourite DApps.
DAppNode connects users to the decentralized web and creates the infrastructure for DApps to run services 24x7 in a truly decentralized manner.
You can start using DAppNode in two ways:
Either you can install DAppNode on any compatible hardware, or You can acquire one of our pre-installed DAppNode servers for the easiest and most convenient way of to get easy censorship-resistant access to your favorite DApps. With both you will have the ability to host your own nodes and also share its access with family and friends.
We have a decentralization bottleneck
Difficult to run
Running nodes involve troubleshooting, updates, and constant syncing.
Centralizing forces
Users connect to centralized gateways through common wallets and DApps.
Network variability
There are less nodes online everyday due to its ever increasing costs
Solution
Your node, plug & play
DAppNode facilitates running nodes, DApps and hosting P2P networks and economies
Take control your privacy and data
Join a P2P economy: PoS mining, etc
Share access with family and friends
Easy setup for any user
Run private copies of DApps 24/7
Browse decentralized websites
How and Where to Buy NODE token?
NODE token is now live on the Ethereum mainnet. The token address for NODE is 0xDa007777D86AC6d989cC9f79A73261b3fC5e0DA0. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $ETH to your new Metamask wallet from your existing wallet
Next step
Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap NODE token
Contract: 0xDa007777D86AC6d989cC9f79A73261b3fC5e0DA0
Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap
The top exchange for trading in NODE token is currently Uniswap (V2), Uniswap (V3) and Sushiswap
Find more information NODE
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board☞ Documentation ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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