Decentralized Applications (dApps)

Decentralized Applications are applications that run on a blockchain or peer-to-peer network, rather than a single computer. They operate autonomously, without any central authority or control, using smart contracts to execute transactions and enforce rules. Since they're built on blockchain technology, dApps ensure transparency and security in operations. Users interact with dApps directly, often through cryptocurrency transactions, making them inherently resistant to censorship. Popular examples include decentralized finance (DeFi) platforms, gaming applications, and social networks where users have more control over their data.