DLP, or Digital Light Processing Projectors, basically assign a photo through small mirrors and bend from a light supply direction or distance to create light or dark pixels on display. There are two main forms of DLP projectors: the unmarried-chip DLP or the three-chip DLP, although the general public will go for the unmarried-chip DLP without thinking about their fees.
Single-chip DLP projectors provide the sharpest photo you can find in most common projector and client projectors. Single-chip DLP projectors use a fast-rotating color-wheel between primary shades to deliver the photo. An alternative is that you see the rainbow effect every now and then, where an image is blown into pink, green, and blue photographs that you can demand while watching the movie.
Three-chip DLP projectors do not have this color-cycles problem because each color has a DLP chip attached to it. The drawback is that it is a good deal to align each panel properly, resulting in more sophisticated designs and ultimately more expensive projectors. For that purpose, 3-chip DLP projectors are usually observed in high-discontinuity situations involving movie theaters, although if you can cash out for a three-chip DLP projector, you may find it really worth the money.
Generally, DLP projectors provide sharp photos with minimal lag. However, they are not excellent at projecting deep blacks – you will occasionally see a lot of muddy blacks from DLP projectors, which have been fixed in other types of projectors.