Binance Square

DAppsExplained

216 views
2 Discussing
June Whisper
--
19 - From Web2 to Web3: How DApps Are Redefining the Internet“Apps with no bosses, no downtime, and full transparency.” In Web3, apps don't live on a single server or get controlled by one company. Welcome to the world of DApps — decentralized applications. 🧾 What is a DApp? A DApp (short for Decentralized Application) is a digital application that runs on a blockchain or peer-to-peer (P2P) network, rather than on centralized servers. That means: 🌐 No single authority controls it 📜 Data is stored on a public ledger (blockchain) 🔐 Code is usually open-source and transparent 💡 Key Features of DApps 🏗️ Built on smart contracts (like on Ethereum) 👥 Users interact directly with the blockchain 🚫 No centralized control or shutdown point 💰 Often use tokens as part of their function (e.g., gas fees, voting) 🚀 Examples of Popular DApps 🏦 DeFi: Uniswap, Aave 🎮 Gaming: Axie Infinity, Decentraland 🎨 NFTs: OpenSea 🌐 Social & Storage: Lens Protocol, Arweave 🆚 DApps vs. Traditional Apps 📚 References: Binance Academy – What Are DApps?Investopedia – Decentralized Applications (DApps) #CryptoForBeginners #WhatIsADApp #DAppsExplained #Web3Education $ETH $BTC {spot}(BTCUSDT) {spot}(ETHUSDT)

19 - From Web2 to Web3: How DApps Are Redefining the Internet

“Apps with no bosses, no downtime, and full transparency.”
In Web3, apps don't live on a single server or get controlled by one company.
Welcome to the world of DApps — decentralized applications.

🧾 What is a DApp?
A DApp (short for Decentralized Application) is a digital application that runs on a blockchain or peer-to-peer (P2P) network, rather than on centralized servers.
That means:
🌐 No single authority controls it
📜 Data is stored on a public ledger (blockchain)
🔐 Code is usually open-source and transparent

💡 Key Features of DApps
🏗️ Built on smart contracts (like on Ethereum)
👥 Users interact directly with the blockchain
🚫 No centralized control or shutdown point
💰 Often use tokens as part of their function (e.g., gas fees, voting)

🚀 Examples of Popular DApps
🏦 DeFi: Uniswap, Aave
🎮 Gaming: Axie Infinity, Decentraland
🎨 NFTs: OpenSea
🌐 Social & Storage: Lens Protocol, Arweave

🆚 DApps vs. Traditional Apps

📚 References:
Binance Academy – What Are DApps?Investopedia – Decentralized Applications (DApps)

#CryptoForBeginners #WhatIsADApp #DAppsExplained #Web3Education
$ETH $BTC
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number