DApp

Long description

A DApp (decentralised application) is an application whose operation is based on smart contracts running on a blockchain, such as Ethereum, rather than on a server managed by a single entity.

Unlike a traditional application, the logic of a DApp is recorded on-chain and operates automatically according to the rules defined in the code. This allows users to interact without a central authority managing the service.

DApps cover different areas, including decentralised finance, token swaps, games and NFTs. As they are based on smart contracts, they involve technical risks associated with the code and the network on which they operate.

Disclaimer: This entry is for information purposes only and does not constitute investment advice, a recommendation or a solicitation to invest.

Download the Young Platform app

Downaload From Google PlayStoreDownaload From Apple Store
footer-logo
Download
play-store-logo