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______is a computer program that runs stop a blockchain and embedded within it are governance and business logic rules

A.

Dapps

Answers
A.

Dapps

B.

DaS

Answers
B.

DaS

C.

DAO

Answers
C.

DAO

D.

DAC

Answers
D.

DAC

Suggested answer: A

Explanation:

Decentralized Applications (Dapps) are applications that run on a blockchain network and include embedded governance and business logic rules. Unlike traditional applications, Dapps are decentralized, meaning they operate on a peer-to-peer network rather than a centralized server, leveraging smart contracts to automatically enforce rules and protocols without intermediaries.

Key Details:

Characteristics of Dapps: Dapps are open-source, operate autonomously, and store data on a blockchain. They utilize smart contracts to handle various functions, from transaction processing to enforcing governance rules and executing business logic.

Smart Contracts: The embedded rules within Dapps are typically coded as smart contracts, which are self-executing contracts with the terms of the agreement directly written into lines of code. This ensures that all transactions and operations within the Dapp are transparent, immutable, and automatically enforced.

Use Cases: Dapps are commonly found in areas such as decentralized finance (DeFi), gaming, supply chain management, and social media, offering users more control and transparency compared to traditional applications.

In conclusion, Dapps (A) is the correct answer as it refers to computer programs running on a blockchain with embedded governance and business logic rules.

asked 24/10/2024
Vojtech Danek
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