Accepted paper for the CRYPTO 2020 conference [Abstract] We introduce Dynamic Decentralized Functional Encryption (DDFE), a generalization of Functional Encryption which allows multiple users to join the system dynamically, without relying on a trusted third party or on expensive and interactive Multi-Party Computation protocols. This notion subsumes existing multi-user extensions of Functional Encryption, such as Multi-Input, Multi-Client, and Ad Hoc Multi-Input Functional Encryption. We define and construct schemes for various functionalities which serve as building-blocks for latter primitives and may be useful in their own right, such as a scheme for dynamically computing sums in any Abelian group. These constructions build upon simple primitives in a modular way, and have instantiations from well-studied assumptions, such as DDH or LWE. Our constructions culminate in an Inner-Product scheme for computing weighted sums on aggregated encrypted data, from standard assumptions in prime-order groups in the Random Oracle Model.