Tag: Beyond Bitcoin: DApps

Decentralized applications, or dApps, are rapidly changing how we interact with technology, offering a compelling alternative to traditional centralized applications. Built on blockchain technology, dApps promise greater transparency, security, and user control. This guide will provide a comprehensive overview of dApps, exploring their benefits, architecture, and potential impact on various industries. What are Decentralized Applications (dApps)? Defining Decentralization At its core, decentralization means distributing control away from a single authority. In the context of applications, this means that the application's backend logic and data are not stored on a central server controlled by a single entity. Instead, they reside on a distributed network, usually a blockchain. Key Characte...