Decentralized applications (DApps) are software applications built on blockchain networks. Unlike traditional apps that rely on centralized servers, DApps operate on decentralized networks, typically leveraging smart contracts to function autonomously. This removes the need for intermediaries, allowing users to interact directly with the app and its services.
Key Features:
- Decentralization: DApps run on blockchain networks, meaning no single entity controls the app or its data.
- Transparency: The code of DApps is often open-source, meaning anyone can audit it to ensure the app is secure and functions as expected.
- Censorship-resistant: Because DApps operate on decentralized networks, it’s difficult for authorities or other entities to shut them down or control access.
- User control: Users interact directly with the DApp through their Web3 wallets, maintaining control of their funds and data without relying on third parties.
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