📌 Word of the Day Crypto: DAPP
Definition: Decentralized application running on a blockchain, without a central server or single control.
⚙️ How does it work?
A DApp uses a smart contract to execute its functions, with transparency and resistance to censorship.
📍 Examples:
Uniswap, PancakeSwap (decentralized exchanges)
Aave, Compound (crypto lending/borrowing)
OpenSea (NFT)
✅ Advantages:
No intermediary
Enhanced security through blockchain
Global availability 24/7
⚠️ Precautions:
Connect your wallet only to reliable DApps
Check the website address before any interaction
Understand network fees (gas fees)
💡 Binance security tip: Always read the permissions requested by the DApp before signing.
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#Crypto #Web3 #DAPP #Binance #Blockchain #SécuritéCrypto
