What are the applications built on the ethereum blockchain commonly called?

Question: What are the applications built on the ethereum blockchain commonly called?

One of the most common terms used to describe applications built on the Ethereum blockchain is  decentralized applications or dapps. Dapps are different from traditional web or mobile apps because they run on a distributed network of nodes instead of a centralized server, and they use smart contracts to enforce the rules and logic of the application. Smart contracts are self-executing pieces of code that live on the Ethereum blockchain and can perform various functions, such as transferring funds, issuing tokens, verifying identities, or executing agreements.

Dapps can be used for a variety of purposes, such as finance, gaming, collectibles, social media, identity management, supply chain management, and more . Some examples of popular dapps are:

- Uniswap: A decentralized exchange that allows users to swap any two tokens on the Ethereum network without intermediaries or fees.

- OpenSea: A marketplace for digital collectibles and non-fungible tokens (NFTs) that can represent art, music, games, or anything else that is unique and scarce.

- Gods Unchained: A strategic trading card game where players can earn cards by playing and sell them for real money on the secondary market.

- Ethereum Name Service: A service that allows users to register human-readable names for their Ethereum addresses and decentralized websites.

- TenX: A platform that enables users to spend their cryptocurrencies anywhere in the world with a physical or virtual card.

- Gnosis: A platform that allows users to create and participate in prediction markets on any topic or event.

These are just some of the many dapps that are running on the Ethereum blockchain, demonstrating the potential and diversity of this technology. Dapps are still a new and experimental form of software, and they face many challenges and risks, such as scalability, security, usability, and regulation. However, they also offer many benefits and opportunities for innovation, such as transparency, immutability, censorship-resistance, and user empowerment.

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