What is a DApp (Decentralized Application)?. A dApp is software that uses smart contracts and sometimes off‑chain services, giving users control over assets through their own wallets.
How it works
Front‑ends call contracts; contracts enforce rules; wallets sign transactions; optional oracles supply data.
Why it matters
dApps reduce reliance on centralized accounts and create markets that operate continuously.
Common pitfalls
- Trusting front‑end URLs without verifying contract addresses
- Skipping audits or permissions review
- Using dApps on public Wi‑Fi without precautions
Quick example
You lend tokens via a dApp, track interest on‑chain, and withdraw anytime per the contract’s terms.
See also
- Smart Contract
- Oracle
- Wallet
TL;DR: What is a DApp (Decentralized Application)? defined in plain English with practical next steps.
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