Decentralized API (dAPI)

A Decentralized API (dAPI) is a blockchain-native API service that provides decentralized applications (dApps) with access to off-chain data and services. dAPIs function similarly to traditional APIs but operate on decentralized infrastructure, reducing reliance on centralized data providers. Decentralized oracles, such as Chainlink, often serve as the backbone for dAPIs, feeding real-world data into blockchain networks in a secure and tamper-proof manner. dAPIs enable dApps to access various data sources, such as price feeds, weather information, or even identity verification, all while maintaining the decentralized ethos of blockchain technology. By decentralizing data access, dAPIs offer enhanced security, transparency, and resilience to censorship or tampering, making them essential for the growing decentralized finance (DeFi) ecosystem.