CryptoURANUS Economics: Decentralized Application [DApp]: Defined in CryptoCurrency

CryptoCurrencies


Monday, August 6, 2018

Decentralized Application [DApp]: Defined in CryptoCurrency

Decentralized Application [DApp]: Defined in CryptoCurrency


Decentralized application or dApp is defined as a software application that has its technology running publicly on a network of computers. 



With a dApp, the technology is being maintained by many individuals instead of by one organization. That network gives the technology security. 


A hacker cannot incorrectly alter the application’s data unless they were able to get access into nearly all of the network’s computers and adjust it there.

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