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DApps: A Revolution in Decentralized Applications
DApps are decentralized applications that operate on blockchain networks. Unlike traditional apps controlled by central servers, DApps are managed by a network of computers, making them resistant to censorship and downtime.
Key features include decentralization, open-source code, transparency, and security. DApps function through smart contracts, self-executing code with predefined terms.
They find applications in finance (DeFi), gaming, social media, supply chain management, and healthcare. While offering censorship resistance, transparency, security, and global accessibility, DApps face challenges like scalability, user experience, and regulatory uncertainties.
Popular platforms for DApps include Ethereum, Binance Smart Chain, Solana, and Cardano.
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