Decentralized application

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A decentralized application ( dApp , Dapp , or DApp ) is an application software ​ that is run by many users on a decentralized network ​ with trustless protocols. They are designed to avoid any particular single point of failure. They typically have tokens to reward users for providing computing power, services or other benefit. [1]

Definition

The definition of a decentralized application is still in development and the subject of debate. The term traces its origins to Decentralized Application Corporation and decentralized autonomous organization ​. [2] :1-8

Typical definitions include the following attributes: [2] [3] [4] :1-8

  • The code is open-source model and managed autonomously
  • Records and data are stored using blockchain ​, which provides trustless interaction and avoiding any single point of failure
  • Use security protocol ​ reward users providing computing power, services or other benefit.
  • Tokens generated through a cryptographic algorithm

Deployment

Decentralized applications can run on top of other cryptographic systems such as Ethereum ​. [1]

Examples

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