Ethereum Dapp

Definition ∞ An Ethereum Dapp, or decentralized application, is a software application built and run on the Ethereum blockchain, leveraging its smart contract functionality. These applications operate without central authority, with their logic executed transparently and immutably on the network. They cover a wide array of uses, from finance to gaming.
Context ∞ News frequently covers Ethereum Dapps when reporting on innovations in decentralized finance (DeFi), non-fungible tokens (NFTs), and the broader Web3 movement. Their performance, security audits, and user adoption are key metrics often discussed. The ongoing evolution of the Ethereum network, including upgrades, directly impacts the capabilities and scalability of these applications.