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Statements

Subject Item
dbr:Decentralized_application
rdfs:label
Decentralized application
rdfs:comment
A decentralised application (DApp, dApp, Dapp, or dapp) is an application that can operate autonomously, typically through the use of smart contracts, that runs on a decentralized computing, blockchain system. Like traditional applications, DApps provide some function or utility to its users. However, unlike traditional applications, DApps operate without human intervention and are not owned by any one entity, rather DApps distribute tokens that represent ownership. These tokens are distributed according to a programmed algorithm to the users of the system, diluting ownership and control of the DApp. Without any one entity controlling the system, the application becomes decentralised.
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dbt:Multiple_issues dbt:About dbt:Update_after dbt:Cryptocurrencies dbt:Outdated_as_of dbt:More_citations_needed dbt:Full_citation_needed dbt:Reflist dbt:Cn
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dbc:Blockchains dbc:Distributed_computing dbc:Decentralization dbc:Cryptocurrencies
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n12:Icarus_Bitcoin_Mining_rig.jpg?width=300
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n12:Icarus_Bitcoin_Mining_rig.jpg
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dbr:Blockchain dbr:CryptoKitties dbr:Ethereum dbc:Distributed_computing dbr:Visa_Inc. dbr:Smart_contract dbr:Stacks_blockchain dbr:Augur_(software) dbc:Blockchains dbr:White_paper dbr:Decentralized_computing dbr:Application_software dbr:Initial_coin_offering dbr:Cryptocurrency dbr:Decentralized_finance dbr:Prediction_market dbr:Web_browser dbr:Proof_of_work dbr:Solana_(blockchain_platform) dbc:Decentralization dbr:Proof_of_stake dbr:Freelancer dbr:Non-fungible_token dbc:Cryptocurrencies dbr:Distributed_ledger dbr:Open_source dbr:Decentralization n13:Icarus_Bitcoin_Mining_rig.jpg dbr:Peer-to-peer dbr:Uniswap dbr:Steemit
dbo:abstract
A decentralised application (DApp, dApp, Dapp, or dapp) is an application that can operate autonomously, typically through the use of smart contracts, that runs on a decentralized computing, blockchain system. Like traditional applications, DApps provide some function or utility to its users. However, unlike traditional applications, DApps operate without human intervention and are not owned by any one entity, rather DApps distribute tokens that represent ownership. These tokens are distributed according to a programmed algorithm to the users of the system, diluting ownership and control of the DApp. Without any one entity controlling the system, the application becomes decentralised. Decentralised applications have been popularised by distributed ledger technologies (DLT), such as the Ethereum blockchain, on which DApps are built. The trustless and transparent nature of DApps have led to greater developments in the utilisation of these features within the decentralized finance (DeFi) space. DApps are divided into 17 categories: exchanges, games, finance, gambling, development, storage, high-risk, wallet, governance, property, identity, media, social, security, energy, insurance, and health.
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n9:Decentralized_application