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HomeGlossaryDecentralized applications (dApps)

Decentralized applications (dApps)

By CoinGecko | Updated on Mar 03, 2020
Applications that run on decentralized peer-to-peer networks such as Ethereum. Ethereum is one of the most popular platforms for developer to develop on as it can store various types of information, making it viable for games, applications or various tools to exist. Decentralized apps typically rely on a blockchains consensus to finalize transactions/requests, which eliminates centralized points of failure (eg. rogue banker, failed servers).

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