What is Decentralized Application
Decentralized applications, known as dApps, resemble games or programs that you can access on your computer or phone. What sets them apart is that they aren't controlled by a single company; instead, they're operated by a diverse network of individuals worldwide. This decentralized structure enhances their security, ensuring that no one can alter their functionality without widespread visibility. It's akin to playing a captivating game where cheating becomes impossible!
The concept of being controlled by various individuals stems from dApps being built on decentralized blockchains, which removes reliance on a single entity for oversight. Smart contracts and blockchain technology play integral roles in constructing decentralized applications, facilitating transparency, security, and trust among users. In essence, dApps empower users by providing a platform that's immune to centralized control, fostering a new era of digital interaction and innovation.
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