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Author: Admin | 2025-04-27
Into the dApp user interface, which in this case is the Uniswap website, uniswap.org. The user chooses the crypto they want to both buy and sell (ETH for UNI)The user confirms and sends this transaction.The user connects their self-custody crypto wallet to confirm the transaction. After confirmation, the dApp messages a smart contract stored on a blockchain to access the ETH/UNI liquidity pool stored on it.The transaction enters a block and is validated by a node.The transaction is broadcast to the entire Ethereum blockchain network for verification.The block that the transactions reside in is added to the blockchain, making it immutable and final.As we can see, the triggering event here is Uniswap interacting with its smart contract saved on a blockchain. Put simply, dApps are interfaces that allow the public to interact with an organization’s smart contracts.📕 Read: What Is a DEX? How Decentralized Crypto Exchanges Work Different Types of dAppsdApps exist for almost every type of business imaginable. Let’s run through a few more popular dApp categories now. Decentralized ExchangesDecentralized exchanges (DEXs) are the most popular dApps in DeFi. These P2P exchanges operate on blockchains devoid of intermediaries, which makes them transparent and cost-effective.Read! Uniswap vs. SushiSwap vs. PancakeSwap: Which DEX Is Best? GamingSince 2023, gaming dApps have been exploding in popularity. It has been estimated that gaming dApps make up more than half of blockchain usage. This popularity may be due in part to their free-to-play nature; some ‘play-to-earn’ games even reward participants by paying them in crypto
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