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Decentralized application

A decentralized application (dapp, Dapp, dApp or DApp) is a computer application that runs on a distributed computing system. DApps have been mostly popularized by distributed ledger technologies (DLT), namely the Ethereum Blockchain, where dApps are often referred to as smart contracts.

Deployment

DApps may run on top of distributed computing systems such as Ethereum or Bitcoin. Decentralized applications are stored on and executed by a Blockchain system.

Examples

  • Cryptokitties - In December 2017, the popular game CryptoKitties slowed the Ethereum network due to insufficient transaction processing and exposed the scaling limitations of public blockchains.[1]

References

  1. ^ Kharif, Olga (2017-12-05). "CryptoKitties Mania Overwhelms Ethereum Network's Processing". Bloomberg. Retrieved 2018-08-23.