Centralized Platforms:*

- Rely on central servers that control all data and transactions.

- Characterized by ease of use and management.

- Often more stable and faster in performance.

- Examples: Major social media platforms like Facebook and Twitter.

*Decentralized Platforms:*

- Rely on distributed networks that are not controlled by a single entity.

- Characterized by transparency and high security.

- Often more complex in use and management.

- Examples: Cryptocurrencies like Bitcoin and Ethereum, and blockchain platforms.