What is the key feature of a decentralized application (dApp)? 🔊
A key feature of a decentralized application (dApp) is that it operates on a blockchain or peer-to-peer network, rather than through a central server. This ensures that no single entity has control over the application, which enhances security and transparency. dApps leverage smart contracts to execute code autonomously based on predefined conditions, enabling trustless interactions among users. Because they are resistant to censorship and provide a degree of user anonymity, dApps promote greater fairness and inclusivity in various sectors, such as finance and gaming. Their decentralized nature fundamentally challenges traditional application architectures by distributing power among users.
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