DAOs Emerge: Democratizing Governance In Web3 Apps
Decentralized applications, or dApps, are rapidly transforming the digital landscape, offering a new paradigm for how we interact with technology and conduct business online. Unlike traditional applications that rely on a central server and authority, dApps operate on a decentralized network, most commonly a blockchain, providing enhanced security, transparency, and user control. This guide explores the core concepts, benefits, and practical applications of dApps, helping you understand their potential and navigate this exciting technology.
Understanding Decentralized Applications (dApps)
What Makes an App Decentralized?
A decentralized application is built on a peer-to-peer network, typically a blockchain, and has its backend code running on a decentralized network of computers. This fund...