- What is a dApp
- Features of a dApp
Decentralized applications or dApps are digital programs built on a blockchain (P2P network of computers) outside the control of an authority.
DApps function like normal applications, offering the same functions only that they operate on a peer-to-peer network (the blockchain). This means that there is no particular person or organization with control of the network.
Notable features of dApps include:
- They operate on an open-source network
- The data and records are public
- They use cryptographic tokens to secure the network
DApps make use of the Etherium blockchain to store data and smart contracts for app function. Once a dApp has been placed on the Etherium blockchain, it cannot be changed.
With a dApp, it is possible to trade cryptocurrency and even sell or buy non-fungible tokens.