What is a DApp?

A DApp, or decentralized application, is a type of software application that runs on a decentralized network, typically a blockchain. Unlike traditional applications that are hosted on centralized servers, DApps are distributed across a network of nodes, making them more transparent, secure, and resistant to censorship.

DApps are built using smart contracts, which are self-executing pieces of code that automatically execute certain functions when specific conditions are met. Smart contracts are the building blocks of DApps, allowing developers to create applications that can operate autonomously without the need for intermediaries or centralized servers.

Some examples of DApps include decentralized exchanges (DEXs) like Uniswap and PancakeSwap, which allow users to trade cryptocurrencies without the need for a centralized exchange, and decentralized finance (DeFi) platforms like Aave and Compound, which offer users decentralized lending and borrowing services.

Overall, DApps offer several advantages over traditional applications, including greater security, transparency, and accessibility, and are seen by many as a key component of the emerging decentralized web.

The article does not constitute financial advice.

Start with crypto today

Sign up on NBX, a trusted Norwegian cryptocurrency exchange and custodian, and kickstart your crypto journey safely.
Crypto 101
Explore the most popular crypto terms and find answers to your questions.

How are cryptocurrency and NFTs taxed in Norway?

Read

What is a Private Key?

Read

How to mine Ethereum?

Read

What is an ICO?

Read

What is phishing simulation and security awareness training?

Read

What is the difference between Ethereum and Bitcoin?

Read

What are the most common scams in cryptocurrency?

Read

What is Binance USD?

Read

What is Ethereum?

Read
Blog

Insights, Trends, Analysis

Unraveling the cryptocurrency industry revolution.
#crypto101

Cardano Native Tokens (CNTs) Explained: Use Cases, Benefits, and More

In this article we go throguh Cardano Native Tokens explaining their use cases, benefits and also the three currently listed CNTs on Cardano USDM, Hosky and Palm.
5 minutes
2025-05-07
#crypto101

How to Evaluate Cryptocurrency Projects

Learn how to analyze crypto projects: assess utility, tech, tokenomics, team, community, and partnerships to make smarter investment choices.
5 minutes
2025-03-31
#crypto101

How to Start Investing in Cryptocurrencies (Part 2)

Learn how to build your crypto investment strategy, choose the right profile, and manage risks with NBX. (part 2)
5 minutes
2025-03-31
Cookie Consent

By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.