What is the difference between a decentralized application and a crypto token?
Could you please explain to me the key differences between a decentralized application and a crypto token? I understand that both have to do with blockchain technology, but I'm having trouble distinguishing one from the other. Are they separate entities, or are they somehow interconnected? Additionally, could you provide some examples of decentralized applications and crypto tokens to help me better grasp the concept? Thank you in advance for your clarification.
What is a hooked dapp?
Could you please elaborate on the concept of a 'hooked dapp'? I'm curious to know how it differs from a traditional decentralized application, and what specific features or functionalities it might possess that make it unique. Additionally, could you discuss any potential benefits or drawbacks of using a hooked dapp within the realm of cryptocurrency and finance?