DApp (Decentralized Application)

A DApp, or Decentralized Application, operates on a blockchain network, ensuring that it runs autonomously without the control of any single authority. By leveraging the power of smart contracts, DApps maintain functionality and data integrity across multiple nodes, making them resistant to censorship, downtime, and interference. These applications offer a variety of services similar to those of conventional apps, but with added benefits of blockchain technology such as transparency, security, and direct peer-to-peer interaction.

DApps have become a core component of various blockchain ecosystems, particularly in fields like finance, gaming, social media, and decentralized governance. They are pivotal in the shift towards a decentralized web, often referred to as Web3, where users regain control over their data and transactions.

“I view DApps as cornerstones of the decentralized internet, enabling a new wave of transparent and user-empowered online applications.”

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