Most applications today are centralized. That is, they run on a single machine, regardless of the number of instances operating in the wild. This is true whether we’re discussing web applications or mobile applications – the core of the app runs on a single server. Decentralized applications are different. Their components are spread out across an entire network of different devices, which offers a number of critical benefits and advantages.
Some of these include the ability to track all activity related to the app, the ability to exchange coins for one another or to integrate with other applications, the ability to accept mobile payments from P2P cryptocurrencies, the ability to deliver specific functionality to users with specific assets, and more. You will also find that dApps offer greater stability than traditional applications while still allowing users and systems to interact with smart contracts.