What Is DApp?

Decentralized Application, or DApp, is a type of computer application that runs on a blockchain network or other decentralized technology.

What differentiates DApps from conventional applications is their decentralized and transparent characteristics. In a DApp, there is no one central entity that controls or has authority over data and transactions. Instead, its operations are governed by code programmed in smart contracts, which are executed automatically by the blockchain network.

DApps are frequently used in the crypto ecosystem for various purposes, such as digital asset exchanges, decentralized financial services (DeFi), and GameFi. The main advantage of DApps is high security and transparency, as data and transactions are recorded across the blockchain network, making it difficult to manipulate or infiltrate by third parties.

Additionally, DApps also offer users a greater degree of autonomy, eliminating dependence on middle parties such as banks or large technology companies. This makes DApps an integral part of the development of blockchain technology and have the potential to change the way we interact with applications and services in the future.

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