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A decentralised application (DApp, [1] dApp, [2] Dapp, or dapp) is an application that can operate autonomously, typically through the use of smart contracts, that run on a decentralized computing, blockchain or other distributed ledger system. [3] Like traditional applications, DApps provide some function or utility to its users.
Ethereum allows anyone to deploy permanent and immutable decentralized applications onto it, with which users can interact. [7] Decentralized finance (DeFi) applications provide financial instruments that do not directly rely on financial intermediaries like brokerages, exchanges, or banks.
Wikipedia has been described as decentralized (although it is a centralized web site, with a single entity operating the servers). [138] Smartphones have been described as being an important part of the decentralizing effects of smaller and cheaper computers worldwide.
This page was last edited on 2 February 2025, at 01:12 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Decentralized computing is the allocation of resources, both hardware and software, to each individual workstation, or office location. In contrast, centralized computing exists when the majority of functions are carried out, or obtained from a remote centralized location. Decentralized computing is a trend in modern-day business environments.
The decentralized blockchain may use ad hoc message passing and distributed networking. [ 39 ] In a so-called "51% attack" a central entity gains control of more than half of a network and can then manipulate that specific blockchain record at will, allowing double-spending .
One of the most well known examples of a "natural" decentralized system is one used by certain insect colonies. In these insect colonies, control is distributed among the homogeneous biological agents who act upon local information and local interactions to collectively create complex, global behaviour.
Decentralized application; Decentralized decision-making; Decentralized identifier; Decentralized web; Delegated administration; Democratic Party for a New Society;
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