Phrases with «decentralized apps»

Decentralized apps, or "dApps," are applications that operate on a decentralized network rather than a single central system. These apps use blockchain technology, where data is distributed across multiple computers rather than being stored in a single place. This approach allows for increased security, transparency, and eliminates the need for a central authority to control and manage the app. Ultimately, dApps enable users to have more control over their data and provide a more democratic and open environment for software applications. Full definition

Sentences with «decentralized apps»

  • It's more than just a cryptocurrency though, it's also a platform for decentralized apps. (thecollegeinvestor.com)
  • Original data is kept on a decentralized network, which enables the development of decentralized apps on top of it. (lawyer-monthly.com)
  • Once ethereum was off and running, its developers came up with a way for those building decentralized apps on the network to create «custom» tokens to fund their projects. (coindesk.com)
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