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The Ethereum Platform | Introduction to Blockchain - Part 2 | Series on System Design (HLD / LLD)



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This is Episode 2 of the Introduction to Blockchain series. The topic for this session is the Ethereum Platform, presented by Sowjanya. She has more than 18 years of experience working in the IT industry and has been working on blockchain technology for many years.

What is the Ethereum Platform?
The Ethereum Platform is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third-party interference.

What are the benefits of using the Ethereum platform?
The Ethereum platform offers several benefits over other platforms, including:
- The ability to create smart contracts that are tamper-proof and transparent
- The elimination of middlemen, paperwork, and delays
- Increased efficiency and cost savings

What can you do with the Ethereum Platform?
The Ethereum Platform has been used to create a variety of decentralized applications, including:
- Cryptocurrency exchanges
- Decentralized financial services
- Prediction markets
- Social media platforms
- Identity management systems

The possibilities are endless! If you can think of it, chances are someone is already working on it. The Ethereum Platform is still in its early stages, with much potential for growth and development. We can't wait to see what the future holds!
Category
Cryptocurrencies
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