DApp

NewsBit News Today1 min read

DApp (decentralized application) is a program running on a decentralized p2p network. It consists of a back-end code and user interface. The principal difference from any standard application is that this application doesn’t access the central server. Interaction "supplier-user" is carried out directly.

DApps operate on the blockchain, so they have an open source and cryptographic component. Thus, all data and back-code are protected from the intervention of third parties, the possibility of an independent audit is provided, which in turn increases the credibility of the application.

For the operation of dApp, it provides mining, token generation for nodes reward, as well as for users, etc. Additional benefits include the ability to make payments in cryptocurrency — it’s not necessary to connect a fiat operator.

dApps most often operate on Ethereum, EOS, Tron, etc.

All descriptions on letter "D"