What is a Decentralized Application (dApp)?
A Decentralized Application (dApp) is an application that runs and stores data on a blockchain—like Ethereum, Polkadot, and Cardano—rather than a centralized server.
Some of the most popular dApps are:
- Crypto Kitties: a cat game built on Ethereum
- Uniswap: a cryptocurrency exchange
- Steemit: a blockchain-based social media application
DeFi applications are decentralized finance applications that provide services like lending, borrowing, and deposits using cryptocurrencies. Uniswap, Curve finance, and SushiSwap are some of the most popular DeFi dApps.
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