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#crypto #cryptocurrency #blockchain #defi #certik What is #dApp Security? A new CertiK series giving users bite-size tips and info to stay informed and safe in the #crypto and #web3 space. Learn what a dApp is, how they work, their security issues, and more in under 2 mins! https://certik.com/resources Transcript: A decentralized application, or dApp, is an application built on a decentralized network that combines a smart contract and a frontend user interface. A dApp has its backend code on a blockchain. DApps aren’t controlled by a single server which means they don’t have a single point of failure. Once a developer has released a dApp's codebase, others can build on top of it to create a variety of applications for decentralized finance, web browsing, gaming, and social media. DApps are free from censorship and are managed by a community of users. There’s minimum downtime. The public ledger is distributed and powered globally by a network of computers that are constantly working. DApps are open source, making the code accessible to anyone on the platform and they operate autonomously without third parties. But, dApps face security challenges making them vulnerable to attacks if the code contains private information. Data breaches can occur since dApps are tied to centralized data servers. DApps allow for remote connections, making them prone to human error if an open device is stolen. CertiK’s smart contract audit and penetration testing can identify centralization issues by simulating an in-depth attack, eliminating risks within a dApp’s code. To learn more about dApp security, visit CertiK.com/resources. 00:00 Introduction to dApps 00:13 What are dApps used for? 00:30 What can dApps do and how do they function? 00:52 DApp Vulnerabilities, CertiK Smart Contract Audit, Pen Testing, & Outro