Decentralized application [dapp]
Introduction 

When you hear the term "decentralized application," it may conjure images of complex systems, complicated technology, and high-level programming. Really, though, a DApp is just an internet application that runs through a decentralized network that's open source and incentivized by tokens. In other words, it's just like an ordinary application—but one that doesn't share data with a centralized server. The goal of a DApp is to use blockchain technology to allow users to interact directly with one another through peer-to-peer transactions. Maybe you've heard of some popular DApps—or maybe this is all new to you! Either way, here's how it works:

A decentralized application (DApp, dApp, Dapp, etc.) is an application that runs on a decentralized network.

A decentralized application (DApp, dApp, Dapp, etc.) is an application that runs on a decentralized network. DApps are internet applications that don't share data with any centralized server.

Decentralized applications are available to anyone and can be used by anyone who has access to the Internet, without the need to register or provide personal information.

Apps using Ethereum and IPFS protocols have different use cases which include governance, data storage, fundraising, identity, prediction markets.

The Ethereum protocol allows users to create smart contracts, which are programs that can be executed on the blockchain. Smart contracts facilitate trustless transactions between different parties without having to rely on a middleman. An example of a decentralized application built on Ethereum is Augur (https://www.augur.net/)

Another protocol that allows developers to build decentralized apps is IPFS (https://ipfs.io/). IPFS refers to itself as “the distributed web” because all data is stored in a distributed manner across multiple computers using peer-to-peer technology instead of being centralized onto one server like most websites today. One great use case for this system would be storing videos uploaded by users who want their videos available whenever they want them but don't want YouTube or Vimeo taking up all their bandwidth resources with their centralized servers; when someone wants to watch one of those videos, they could load it directly from another user's computer instead of having it loaded from YouTube's central location where there may be no available bandwidth at that time

ETHNews (ethnews.com) is a crypto publication that describes applications built on blockchain technology as dapps.

ETHNews (ethnews.com) is a crypto publication that describes applications built on blockchain technology as dapps. Dapps are internet applications that don't share data with any centralized server. For example, if you want to build an application like Uber or AirBnB using blockchain technology, it will be a decentralized application because there's no central server where all the data is stored.

DApps are internet applications that don't share data with any centralized server.

Decentralized applications (dapps) are internet applications that don't share data with any centralized server. Instead, they run on a decentralized network or blockchain. Dapps are open source and usually built to run in a trustless environment—meaning there's no central authority overseeing the operations of the dapp.

A decentralized application is often referred to as a "dapp." This nomenclature is rooted in the same idea behind an app, except in this case you're talking about an app that runs on something other than Apple's App Store as opposed to one that runs on Google Play (formerly Android Market).

Conclusion

DApps are still relatively new, but the innovations that are being made in this space are very exciting. We will continue to keep you updated on developments in the DApp space and hope that our primer above has helped you better understand what they are and how they work.

Subscribe to Rollingjoint.eth
Receive the latest updates directly to your inbox.
Verification
This entry has been permanently stored onchain and signed by its creator.