DAPP stands for Decentralized Applications. It is way to interact with the blockchain and the smart contracts stored on the blockchain.
Lets compare a tradition Web App, with a Decentralized App.
It is a piece of code that lives on the blockchain network. It can be instructed to do many things, like send money, receive money and other assets.
Ethereum gives us the option to transfer assets and also run code at the nodes.
October 31, 2008: This is the date the first bitcoin white paper came out, that described the creation of a system that…