Decentralised applications (DApps) are reshaping the way we interact with technology. Unlike traditional applications that rely on central authorities, DApps utilise blockchain technology to create a trustless and transparent environment for users. With the rise of cryptocurrencies and blockchain platforms like Ethereum, the potential for DApps to disrupt various industries is becoming increasingly evident.
What exactly are DApps?
DApps are decentralised applications that operate on a peer-to-peer network of computers, utilising blockchain technology. Unlike traditional applications that are controlled by a central authority, DApps function independently, without any central governing entity. This decentralised nature ensures transparency, security, and immutability, making DApps highly resilient to censorship or malicious activities.
DApps are typically open source, allowing developers to contribute and modify the source code while adhering to predetermined consensus rules. They also employ smart contracts for the execution of predefined protocols, further enhancing their efficiency and trustworthiness. These characteristics differentiate DApps from their centralised counterparts, offering users greater control over their data and enhancing overall security.
The basics of decentralised applications
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