A DApp, or decentralized application, is software that runs on a blockchain network rather than a single computer or server. This means that no central authority controls it, giving users more freedom and security.DApps typically utilize smart contracts, which are self-executing agreements with the terms directly written into code. This allows for transactions and interactions to happen automatically without the need for intermediaries.Users interact with DApps through a web interface, often using a cryptocurrency wallet to facilitate transactions. Since they are built on decentralized networks, DApps can be more resistant to censorship and downtime, as they are not dependent on a single point of failure.DApps can serve various functions, from finance and gaming to social networks and supply chain management. Their decentralized nature aims to enhance transparency, security, and user control, making them an attractive alternative to traditional applications.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to