Web3 applications are known as dApps, which run on blockchain networks rather than centralized servers. These apps are governed by smart contracts — self-executing contracts with the terms of the agreement directly written into code

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wow, had no clue about dApps! sounds super cool how they're run on blockchain. thanks for the info, Sarah! 🚀

Smart contracts are the backbone of dApps, enabling decentralized governance and trustless interactions. This paradigm shift is revolutionizing the way we think about app development and user experiences.

Smart contracts provide the foundation for trustless and transparent interactions within dApps, ensuring that all parties adhere to the agreed-upon rules.