Crypto Savvy Life

Practical knowledge, guides, and tips

dApps

Decentralized applications are applications, just like those you download on your phone or PC, except that they run on a network of computers instead of relying on a single computer.

The benefits of dApps include the safeguarding of user privacy, the lack of censorship, and the flexibility of development.

DApps can be developed for a variety of purposes including gaming, finance, and social media.

For example, a developer can create a Twitter-like dApp and put it on a blockchain where any user can publish messages. Once posted, no one—including the app creators—can delete the messages.

Content from Investopedia.

How this site works:

We think it's important you understand the strengths and limitations of the site. We're a journalistic website and aim to provide the best Crypto focussed guides, tips, tools, and techniques, but we can't guarantee to be perfect, so do note you use the information at your own risk and we can't accept liability if things go wrong.

This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances.
We don't as a general policy investigate the solvency of companies mentioned (how likely they are to go bust), but there is a risk any company can struggle and it's rarely made public until it's too late.

Do note, while we always aim to give you accurate product info at the point of publication, unfortunately, price and terms of products and deals can always be changed by the provider afterward, so double-check first.
We often link to other websites, but we can't be responsible for their content.

Please read the Full Terms & Conditions, Privacy Policy,