A decentralized application (DApp) is an application that runs on a decentralized network. A DApp can be completely open source, decentralized, and run on peer-to-peer networks.

1. An Introduction
to Decentralized
Applications
DApps Development Company
www.lbmblockchainsolutions.com

2. About Decentralized Applications (DApps)
Dapps are decentralized programs that run on the blockchain. Dapps
look like same as our traditional apps but one key difference between
Dapps and traditional apps is that Dapps are hosted on a decentralized
end-to-end network and on another hand our traditional apps are
hosted on a particular server. it is the main reason Dapps are more
secure and popular than Our traditional apps.
Decentralized applications offer many benefits over traditional
centralized applications including censorship resistance, security, and
trustlessness. Popular platforms DApps Development Company
provides for the development of decentralized applications including
Ethereum EOS, NEO, Dether, etc. While Augur, MakerDAO, Gnosis, and
IDEX are some examples of successful Dapps built on Ethereum’s
blockchain.”

3. The defining characteristics of a DApp
are as follows:
Open source — The codebase of a DApp is open source and available for
anyone to review. This allows for transparency and security.
Decentralized — A DApp is decentralized, meaning it is not controlled by
a single entity. This allows for censorship resistance.
Running on a peer-to-peer network — A DApp runs on a peer-to-peer
network, typically a blockchain, which allows for trustless transactions.

4. CONTACT US
GR Tower, 3rd Floor, Phase 8-A, Industrial Area, Sahibzada Ajit Singh
Nagar, (Mohali) Punjab 140308
+91-8448443318
info@lbmsolutions.in
www.lbmblockchainsolutions.com