
DAOs & DApps: Remaking Governance, One Line Of Code
Decentralized applications (dApps) are rapidly transforming the digital landscape, offering a new paradigm for how we interact with technology and conduct business. Moving away from centralized servers and control, dApps leverage the power of blockchain technology to provide users with greater autonomy, security, and transparency. This guide will explore the inner workings of dApps, their benefits, and their growing impact on various industries.
What are Decentralized Applications (dApps)?
Defining dApps
Decentralized applications (dApps) are applications that run on a decentralized network, typically a blockchain. Unlike traditional applications that rely on a central server, dApps operate on a peer-to-peer network, where data and code are distributed across numerous nodes. This decentral...