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What Are Decentralized Applications (dApps)?

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DApps are decentralized applications which run on top of a peer-to-peer network of computers instead of on one central computer. These types of apps have emerged since the creation of P2P networks.

Decentralized applications are pieces of code written in smart contracts which communicate with the blockchain, and it is programmed to control various actions on the said network by processing the external information they receive.

The rules of the smart contract are executed by an autonomous agent which operates on an owner’s behalf but without the owner actually making any actions.

On the surface, decentralized applications have similar interfaces ...

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