Search results
Results from the WOW.Com Content Network
A decentralised application (DApp, [1] dApp, [2] Dapp, or dapp) is an application that can operate autonomously, typically through the use of smart contracts, that run on a decentralized computing, blockchain or other distributed ledger system. [3] Like traditional applications, DApps provide some function or utility to its users.
Decentralized finance (often stylized as DeFi) provides financial instruments and services through smart contracts on a programmable, permissionless blockchain. This approach reduces the need for intermediaries such as brokerages , exchanges , or banks . [ 1 ]
“Decentralized applications, or dApps, allow people to transfer capital anywhere in the world (with fast settlement and at a low cost), ... Depending on the type of dApp, cryptocurrency owners ...
Steemit is designed as a decentralized application (DApp) built upon the Steem blockchain, using the eponymous cryptocurrency STEEM to reward users for their content. [2] [3] [4] By voting on posts and comments, users get to decide the payout of those posts. Users also get "Curation Rewards" for finding and upvoting content that gets upvoted by ...
Decentralized application (DApp, dApp, Dapp, or dapp), a computer application; Dimensional Assessment of Personality Pathology, a psychological assessment; See Schedule for Nonadaptive and Adaptive Personality; Distributed application, software that is executed or run on multiple computers within a network
A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement.
In 2017, CryptoKitties, the blockchain game and decentralized application (dApp) featuring digital cat artwork as NFTs, was launched on the Ethereum network. [39] In cultivating popularity with users and collectors, it gained notable mainstream media attention providing significant exposure to Ethereum in the process. [40]
Uniswap is a decentralized cryptocurrency exchange that uses a set of smart contracts to create liquidity pools for the execution of trades. It is an open source project and falls into the category of a DeFi product (Decentralized finance) because it uses smart contracts to facilitate trades instead of a centralized exchange.