Dapps Functionality

What is a Dapp?
Developers of decentralized applications (dApps) typically refer to them as programs that run on a peer-to-peer (P2P) or blockchain network rather than on a single computer. These programs are not under the control of a single agency and can be used for a variety of purposes, including social media and games.

Advantages of Dapp

• Unlike other types of applications, users do not have to provide any personal information to access its features. Instead, dApps use smart contracts to complete transactions.

• DApps are often built on the Ethereum platform, a flexible framework that can be used to create new digital applications. This feature could provide a great opportunity to quickly launch projects in various industries such as banking and finance.

• Free speech advocates argue that dApps can be used to develop alternative social media platforms that are safer and more resistant to censorship. For example, decentralized social media networks do not allow users to block or delete messages.

References

[1] Slavi, 'A simple explanation of the Dapps Functionality' (online, 2022) <https://medium.com/@SlaviDapp/a-simple-explanation-of-the-dapps-functionality-bfa4e8c82052>