What is a decentralized application (dApp)?
a) A mobile application that works offline
b) An application that runs on a decentralized blockchain network
c) A tool for mining cryptocurrency
d) A central authority for managing transactions
Answer:
b) An application that runs on a decentralized blockchain network
Explanation:
Decentralized applications (dApps) run on a blockchain network instead of being controlled by a single entity, making them secure and transparent.