Decentralized Applications (DApp) 

A decentralized application, also known as a DApp, is a type of software application that runs on a decentralized network, such as a blockchain. Unlike traditional applications that are run on a centralized server or network, DApps run on a distributed network of computers that are spread out across the globe.

DApps are designed to be open source, meaning that their code is available to everyone for inspection and development. This makes them more transparent and secure, as anyone can check the code for vulnerabilities or errors. Additionally, DApps often make use of smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into code.

Examples of DApps include decentralized exchanges, such as Uniswap, which allow users to trade cryptocurrencies without the need for a centralized intermediary; decentralized finance (DeFi) protocols, such as Aave, which allow users to lend, borrow and earn interest on cryptocurrencies; and social networks, such as Steemit, which reward users with cryptocurrency for creating and curating content.

Overall, DApps aim to provide a more secure, transparent and decentralized alternative to traditional applications, with the potential to disrupt various industries by removing intermediaries and reducing the need for trust in third-party entities.

Also study

51% Attack
A 51% attack, also known as a majority attack, is a serious concern for blockchain networks. This type of attack happens when a single malicious user or group of users controls more than 50% of the total hashing power of the network. In such a case, the malicious actor can override the consensus mechanism of the network and commit various malicious acts such as double spending or transaction denial of service.
Token Sale
A token sale, also known as an initial token offering (ITO), token generation event (TGE), or token crowdsale, refers to the process of offering and selling tokens to investors or the public in exchange for funds or other cryptocurrencies. It is a common method used by blockchain projects to raise capital and distribute their tokens.
Liquidity refers to the ease with which an asset or security can be bought or sold in the market without causing a significant change in its price. It is a crucial concept in financial markets, including the cryptocurrency market, and plays a vital role in determining the efficiency and stability of trading.
Hashed Timelock Contract (HTLC)
A Hashed Timelock Contract (HTLC) is a smart contract used in cryptocurrencies to facilitate transactions between parties who don't necessarily trust each other. An HTLC ensures that funds can only be released to the intended recipient within a certain time frame.

Welcome to the
Next Generation DEX.