A Dapp is a decentralized application that runs on a distributed ledger such as a blockchain. It is designed to be open source, trustless, and secure, allowing users to interact with the application without the need for a third-party intermediary.
A Dapp (Decentralized Application) is a type of software application that runs on a distributed computing system, such as a blockchain. Unlike traditional applications, Dapps are not controlled by a single entity, but instead are powered by a decentralized network of computers. This means that the data and code of the application are stored on a distributed ledger, such as a blockchain, and are accessible to anyone with access to the network.
Dapps are typically open source, meaning that anyone can view and modify the code. This allows developers to create applications that are not controlled by any single entity, and are instead powered by a decentralized network of computers. This also allows for greater transparency and trust in the application, as the code is publicly available and can be audited by anyone.
Dapps are typically used for a variety of purposes, such as financial services, gaming, and social networks. They can also be used to create decentralized autonomous organizations (DAOs), which are organizations that are run by a set of rules encoded into the blockchain.
Overall, Dapps are a type of software application that runs on a distributed computing system, such as a blockchain. They are open source, meaning that anyone can view and modify the code, and are typically used for a variety of purposes. They provide greater transparency and trust in the application, as the code is publicly available and can be audited by anyone.