smart contracts</strong></a>. As a result, <strong>Ethereum (ETH) was the first to introduce the concept</strong>. Although it is a traditional cryptocurrency, Ethereum also supports the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-ethereum-virtual-machine-evm/">Ethereum Virtual Machine (EVM)</strong></a>, which is a distributed computer whose state is completely specified by a consensus mechanism.</p>\n<p>There are other examples of widely-used dApp platforms such as Neo (NEO) and NEM (XEM). For example, the Peepeth dApp is a social network alternative to Twitter.</p>\n<p>Moreover, <strong>dApps can provide the same level of service that ordinary applications can</strong>, while also reaping the benefits of decentralization, such as near-constant uptime and resistance to control and manipulation. 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Assets?","featured_image_id":6542,"status":"published","chapter_id":7,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-get-free-crypto","featured_image":{"id":6542,"uuid":"4fceb9ab-391e-4ef9-b00d-c871a49878a3","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-get-free-crypto.o.jpg","path":"crypto/storage/media/how-to-get-free-crypto.o.jpg","original_path":"crypto/storage/media/how-to-get-free-crypto.jpg","name":"how-to-get-free-crypto.o.jpg","original_name":"how-to-get-free-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"93.93KB"},"youtube_video":null},{"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":6,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-arbitrage-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","featured_image_id":11394,"status":"published","chapter_id":7,"language":"en","order":7,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-fud","featured_image":{"id":11394,"uuid":"defd32c5-d3e1-4e66-9f58-e2ee316bad3a","public_url":"https://assets.bitdegree.org/crypto/storage/optimized/what-is-fud-featured-image.jpg","path":"crypto/storage/optimized/what-is-fud-featured-image.jpg","original_path":"crypto/storage/original/what-is-fud-featured-image.jpg","name":"what-is-fud-featured-image.jpg","original_name":"what-is-fud-featured-image.jpg","title":null,"alt":null,"width":1024,"height":576,"disk":"spaces","status":"uploaded","readable_file_size":"65.30KB"},"youtube_video":null},{"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","featured_image_id":null,"status":"published","chapter_id":7,"language":"en","order":8,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/investing-in-cryptocurrency","featured_image":null,"youtube_video":null},{"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","featured_image_id":6526,"status":"published","chapter_id":7,"language":"en","order":11,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes","featured_image":{"id":6526,"uuid":"1e44162c-ef1d-4010-81b4-9e8d1809aedf","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","path":"crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","original_path":"crypto/storage/media/how-to-avoid-crypto-taxes.jpg","name":"how-to-avoid-crypto-taxes.o.jpg","original_name":"how-to-avoid-crypto-taxes.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"99.10KB"},"youtube_video":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-analysis.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-analysis-101.jpg","rating":100,"sections":[{"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":1,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-bullish-and-bearish","featured_image":null,"youtube_video":null},{"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":2,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/best-technical-analysis-indicators-for-crypto","featured_image":null,"youtube_video":null},{"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":3,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-candlesticks","featured_image":null,"youtube_video":null},{"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":239,"original_id":null,"author_id":41,"translator_id":null,"title":"What is Date of Launch?","slug":"what-is-date-of-launch","section":"D","keyword":"Date of Launch","status":"published","definition":"the date when the initial coin offering (ICO) tokens are launched for sale.","content":"<p><strong>Date of launch</strong> refers to a part of an <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-initial-coin-offering-ico/">initial coin offering (ICO)</strong></a> campaign. It <strong>marks the day when the ICO tokens are placed for sale</strong>.</p>\n<p>Initial coin offerings are <strong>funding campaigns</strong> for new and prospective <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrencies and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-token/">tokens. During the campaign process, developers of the asset announce that a certain portion of the coin will be sold to investors. The sale helps distribute the tokens among the prospective <strong>blockchain community</strong> and provides funds for the development and marketing of the asset.</p>\n<p>The date of launch marks the start of the asset sale to the general public. Prior to this point of the campaign, the developers make preparations for the token launch and may hold private sales to distribute the token among selected investors.</p>\n<p>The development team must ensure that the technology for <strong>the asset is at least fundamentally functional</strong> prior to the launch. The team must also guarantee that it is <strong>legally compliant with regulations</strong> and <strong>outline a plan of distribution</strong>. Any relevant documentation must be published before the date of launch.</p>\n<p>The date of launch is typically announced to the public in advance. This helps the developers work according to the feedback and dedicate time to marketing campaigns that advertise the ICO.</p>","level":"easy","meta_title":"What is Date of Launch? Definition & Meaning | Crypto Wiki","meta_description":"Date of Launch meaning: Date of Launch - the date when the initial coin offering (ICO) tokens are launched for sale.","meta_keywords":null,"language":"en","created_at":"2022-03-02T08:59:56.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-date-of-launch"},"prevSection":{"id":236,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Death Cross?","slug":"what-is-death-cross","section":"D","keyword":"Death Cross","status":"published","definition":"is a bearish technical trading signal that indicates the possibility of a massive sell-off.","content":"<p>The death cross showcases on a chart when a stock's short-term moving average crosses below its long-term moving average.</p>\n<p><strong>The 50-day moving average and the 200-day moving average</strong> are the most often used moving averages by day traders. For a death cross to occur on the trading charts, the slower-moving average must cross the faster-moving average from below.</p>\n<p>The death cross is often formed while the price is falling, nevertheless, it is not a clear indicator that the bull market has finished. Furthermore, there was a scenario in which a death cross emerged, but the price only altered slightly, then rebounded, and then smashed the previous <strong>all-time highs</strong>.</p>\n<p>It is one of the primary reasons why financial experts have different opinions on how to create moving averages to identify a death cross. Some use the popular 200-day and 50-day moving averages, while others see the crossover of the 100-day moving average over the 30-day moving average as a solid signal of a death cross and the commencement of a probable bearish trend.</p>\n<p>Furthermore, it is critical to distinguish the major phases of a death cross in order to determine when it is the best moment to exit the market before the bearish trend commences.</p>\n<p><strong>The three key phases of a death cross begin with an asset's price movement moving into consolidation or decreasing rapidly after continuing an uptrend for an extended length of time. </strong>The stabilization period is often an indication that the present uptrend is losing traction and that a trend reversal is imminent.</p>\n<p>During this phase, the 50-day moving average stays above the 200-day moving average.</p>\n<p>The second phase starts by marking the precise moment when the 50-day moving average falls and crosses the 200-day moving average. This develops a death cross and can be referred to as the bearish trend of the asset.</p>\n<p>The final stage is the asset's price decline, in which the price action falls downward and a downtrend is formed. Typically, the price remains underneath the 50-day moving average after this period.</p>\n<p>The death cross has long been seen to be a good forecast of some of the most catastrophic <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-bear-market/">bear markets</strong></a> in history. <strong>To be precise, in 1929, 1938, 1972, and 2008.</strong> Investors that exited the stock market at the onset of these bear markets averted enormous losses of up to 90% in the 1930s.</p>\n<p>Nevertheless, employing the death cross as the lone option isn't always a wise idea. Thus, financial professionals recommend using a number of technical indicators to learn about price and volume behavior from various viewpoints before deciding whether to buy or sell a cryptocurrency, asset, or stock.</p>","level":"medium","meta_title":"What is Death Cross? Definition & Meaning | Crypto Wiki","meta_description":"Death Cross meaning: Death Cross - is a bearish technical trading signal that indicates the possibility of a massive sell-off.","meta_keywords":null,"language":"en","created_at":"2022-03-01T14:09:19.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-death-cross"},"currentChapter":"D","currentSection":"what-are-decentralized-applications-dapps","chapterTitle":"D","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-are-decentralized-applications-dapps","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter D

What are Decentralized Applications (dApps)?

Decentralized Applications (dApps) MEANING:
Decentralized Applications (dApps) - virtual programs or apps that operate on a blockchain.
Easy
1 minute

Let's find out Decentralized Applications (dApps) meaning, definition in crypto, what are Decentralized Applications (dApps), and all other detailed facts.

Decentralized applications (dApps) can be simply referred to as blockchain-based applications.

dApps were originally made possible by blockchain systems that support smart contracts. As a result, Ethereum (ETH) was the first to introduce the concept. Although it is a traditional cryptocurrency, Ethereum also supports the Ethereum Virtual Machine (EVM), which is a distributed computer whose state is completely specified by a consensus mechanism.

There are other examples of widely-used dApp platforms such as Neo (NEO) and NEM (XEM). For example, the Peepeth dApp is a social network alternative to Twitter.

Moreover, dApps can provide the same level of service that ordinary applications can, while also reaping the benefits of decentralization, such as near-constant uptime and resistance to control and manipulation. In a decentralized environment, individuals are free from any regulations and interference by a single authority and their privacy is safeguarded.

Nevertheless, decentralized applications have advantages as well as disadvantages. The majority of problems arise because the use of dApps is still in its early phases of development. There can be no assurance that the apps will scale properly. Another point of worry is the capacity to design a user-friendly interface. Besides, it is a bit complicated to make code modifications on dApps.
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