Dapp (Decentralized Application)

Definition

A Dapp is an application that runs on a decentralized network, avoiding a single point of failure and control by using blockchain technology.

Context

Dapps can offer various services similar to those of conventional apps but with the added benefits of blockchain, such as enhanced security, transparency, and resistance to censorship. They are a cornerstone of the DeFi (Decentralized Finance) and Web3 movements, with applications ranging from games to financial services.