dApp: definition and meaning
A dApp, or decentralized application, is an app whose back end runs on smart contracts instead of a company's servers.
Why it matters
dApps let you use services directly from your own wallet, but you carry more responsibility for security.
Related terms
- Smart contract
A smart contract is a program stored on a blockchain that runs automatically when its cond… - DeFi
DeFi, short for decentralized finance, is a set of financial services such as trading and …
Educational content only, not financial advice.