DApp (Decentralized Application)

A DApp, or Decentralized Application, is a type of software that runs on a blockchain network instead of being hosted on a single server. This means that it is not controlled by any one entity, which enhances security and transparency. Users interact directly with the application without intermediaries, and transactions are recorded on the blockchain, ensuring trust and reliability. DApps can serve various purposes, like finance, gaming, or social networking, and they leverage the benefits of decentralization to promote user ownership and reduce censorship.