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What is a DAPP?
  • a)
    A type of Cryptocurrency
  • b)
    A condiment
  • c)
    A type of Blockchain
  • d)
    A Decentralized Application
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is a DAPP?a)A type of Cryptocurrencyb)A condimentc)A type of Bloc...
DAPP stands for Decentralized Application. It is a type of application that runs on a decentralized network, such as a blockchain. Unlike traditional applications that rely on a centralized server, DAPPs are decentralized and do not have a single point of failure.

How does a DAPP work?
A DAPP typically consists of two main components: a front-end interface that runs on a user's device and a back-end code that runs on a decentralized network. The front-end interface communicates with the back-end code through a protocol, such as HTTP or WebSocket.

Benefits of DAPPs
• Decentralization: DAPPs are decentralized, which means they are not controlled by a single entity. This makes them more resistant to censorship and less vulnerable to attacks.

• Transparency: DAPPs are transparent, which means that all transactions are recorded on a public ledger, such as a blockchain. This makes them more trustworthy and less susceptible to fraud.

• Security: DAPPs are more secure than traditional applications because they use cryptographic protocols to secure transactions and data.

Examples of DAPPs
• Cryptocurrencies: Bitcoin and Ethereum are examples of DAPPs that are built on a decentralized network.

• File storage: IPFS (InterPlanetary File System) is a DAPP that allows users to store and share files on a decentralized network.

• Social media: Steemit is a DAPP that allows users to share content and earn cryptocurrency for their contributions.

Conclusion
DAPPs are a new type of application that offer several benefits over traditional applications. They are decentralized, transparent, and secure. As the blockchain ecosystem continues to evolve, we can expect to see more innovative DAPPs emerge in the future.
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What is a DAPP?a)A type of Cryptocurrencyb)A condimentc)A type of Bloc...
A type cryptocurrency
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What is a DAPP?a)A type of Cryptocurrencyb)A condimentc)A type of Blockchaind)A Decentralized ApplicationCorrect answer is option 'D'. Can you explain this answer?
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