dApp

A decentralized application (dApp) is an application that runs on a blockchain network, such as Ethereum, rather than on centralized servers. dApps are powered by smart contracts, allowing them to execute transactions and automate processes in a decentralized and transparent manner. These applications can be used for a wide variety of purposes, including decentralized finance (DeFi), gaming, social networking, and more. Unlike traditional apps, dApps operate on a peer-to-peer network, which means there is no central authority controlling the data or functionality of the application. Ethereum is the most popular platform for developing dApps, but other blockchains, such as Binance Smart Chain (BSC) and Polkadot, also support dApp development.