DApps Evolving: Redefining Ownership In The Digital Realm
Decentralized applications, or dApps, are rapidly transforming the technological landscape, promising enhanced security, transparency, and user control. Unlike traditional applications that rely on centralized servers, dApps operate on a decentralized network, often leveraging blockchain technology. This paradigm shift offers numerous advantages and opportunities, but also introduces new complexities. Let's delve into the world of dApps, exploring their architecture, benefits, challenges, and future potential.
Understanding Decentralized Applications (dApps)
What are dApps?
Decentralized applications (dApps) are applications that run on a decentralized network, typically a blockchain. Their core functionality is executed via smart contracts – self-executing agreements written in code. This...