Decentralized Applications, commonly known as dApps, are a revolutionary advancement in the field of blockchain technology. Unlike traditional applications that run on centralized servers, dApps operate on decentralized networks, typically on a blockchain. This article will explain what dApps are, how they work, and their benefits and use cases.
A dApp is an application that runs on a peer-to-peer network of computers rather than a single computer or server. dApps are typically open-source and operate autonomously, with their data and records stored cryptographically on the blockchain.
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