Introducing dApps
dApps are digital tools and platforms that operate without a central authority, much like the apps we use every day, but with a twist—they are built on the backbone of blockchain technology. Think of them as software applications that do not rely on a single company or server to function. Instead, they run on decentralized networks where data is securely stored and transactions are transparently recorded across multiple computers, ensuring security and reliability without the need for intermediaries. These dApps open doors to a world where users can interact directly with services, trust is built on transparency, and decision-making often lies in the hands of a diverse community. Let us move on and understand what dApps are in more depth.
What are dApps?
dApps represent a major shift in how software applications are built and function. Unlike traditional apps, which rely on centralized servers, dApps use blockchain technology as their core foundation...