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A Dapp (pronounced Dee-App) is a decentralized application in which the application’s backend code runs on a decentralized peer-to-peer (P2P) network. To provide contrast, a traditional application has its back-end code running on centralized servers.
The advent of Dapps have been popularized by distributed ledger technologies (DLT), namely the Ethereum blockchain. Ethereum became the first blockchain-based platform to build smart contracts and decentralized applications. Currently, Ethereum remains as the platform of choice for Dapp development by developers and thousands of dapps have already been built.
For an application to be considered a Dapp, it must often meet the following criteria:
According to the Ethereum whitepaper, there are three main types of Dapps; apps that manage money, apps where money is involved in addition to other components, and other types of apps including voting and governance systems.
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