What is a dApp?
Decentralized application, or short dApp, is an application that runs on a P2P computer network instead of a single computer. dApps have been around since the advent of P2P networks. They are a type of software designed to exist on the Internet in ways that are not controlled by a single entity.
Decentralized applications do not necessarily have to run on a blockchain network. BitTorrent, Popcorn Time, BitMessage, etc. are all traditional dApps running on a P2P network, but not on a blockchain (which is a specific type of P2P network).
In a “decentralized dApp market”, where dApps can be published, and which differ from current apps such as Gmail or Uber, dApps exist without a middleman, process the information of a user without a third party, and work error-free. dApps connect users and providers directly with each other.
An example is the design of a decentralized Twitter that is resistant to censorship. If you publish a message in the blockchain, it cannot be deleted, even by the company that developed the system with the microblogging program.
However, there is no definition for a dApp because it is a newer concept. A few key features are the open-source code and a program without error points.
This is our brief review about the function of the dApp.
Alexander Weipprecht is the managing partner of Provimedia GmbH. As a trained IT specialist for application development, he has been advising leading companies on the following topics for more than 10 years: online marketing, SEO and software. Cryptocurrency is becoming increasingly important to businesses and investors. Through Coin Report and Krypto Magazin Germany, Alexander wants to give all people easy access to the subject matter.