Ethereum is a platform that makes it possible for any developer to write and distribute next-generation decentralized applications.
Traditional App v/s DApp:
Client ↔ Server
Special Browser ↔ DApp ↔ Web3 API ↔ Ethereum Network
What is a DApp:
Decentralized Application is a program which is run by many people which either uses or creates a decentralized network for some specific purpose.
Features of DApps:
Open Source, Decentralized, Incentivized, Algorithm/protocol.
Building blocks of DApps:
Ethereum Network → Smart Contract Storage → DApp Front End.
Web3 Tech Stack:
Mist Browser → Decentralized Applications → SWARM (storage), WHISPER (Messaging), EVM (Consensus) → Hardware Clients → INTERNET.
Solidity: