dApp

A dApp (decentralized application) is an application that runs on a blockchain and is not controlled by a single company or server but operates through smart contracts and a network of decentralized nodes. This makes it transparent, censorship-resistant, and free from intermediaries.

dApps are used in various sectors, including finance (DeFi), gaming, digital identity management, and NFT marketplaces. Users typically interact with them via cryptocurrency wallets instead of traditional usernames and passwords. While dApps offer advantages such as user autonomy and security, they often face challenges related to scalability and complexity, making them less accessible to those unfamiliar with blockchain technology.