A Decentralized Application (DApp) is a software application that operates on a decentralized network, typically utilizing blockchain technology and smart contracts to function. Unlike traditional applications that run on centralized servers, DApps are built on distributed networks such as Ethereum, where they benefit from enhanced security, transparency, and resistance to censorship. Smart contracts are integral to DApps, automating the execution of application logic and transactions without the need for intermediaries. This enables trustless interactions and reduces reliance on centralized entities. DApps can cover a wide range of use cases, including finance (DeFi), gaming, social media, supply chain management, and more. By harnessing the power of decentralization, DApps aim to create more open, equitable, and secure digital ecosystems.
