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What is Ethereum?
Ethereum is a decentralized platform capable of executing intelligent contracts and decentralized applications using blockchain technology: These are applications that work exactly as scheduled without any possibility of censorship, fraud or interference from third parties, because the contract is immutable. As a decentralized system, the Ethereum is completely autonomous and is not regulated by anyone. As such, there is no central point where it fails as the platform runs with millions of volunteer computers around the world and therefore can not be turned off.