Understanding Decentralized Applications (DApps)
Decentralized Applications (DApps) are computer applications that operate on a distributed network of computer nodes rather than a single server.
Ethereum and DApps
The concept of DApps was made possible by blockchain platforms that support smart contracts, with Ethereum (ETH) being the pioneering platform.
Ethereum functions as a cryptocurrency and features the Ethereum Virtual Machine (EVM).
The EVM can be described as a distributed computer that achieves consensus on its state through a consensus algorithm.
Ethereum’s EVM and Solidity
The EVM is Turing-complete, meaning it can execute any operation that a regular computer can perform.
It has its own programming language called Solidity, which enables developers to code and deploy decentralized applications on the EVM.
Decentralization Benefits
DApps offer the same level of service as traditional applications while benefiting from the advantages of decentralization.
These advantages include high uptime and resilience against censorship and corruption.