Topic: How is Bitcoin different from Etherium? - page 4. (Read 2040 times)
It is all non sense what you have mentioned here and it makes no sense.
About 5 years ago, bitcoin acted as the main cryptocurrency of several dozen that existed at that time. But over time, there was and ascended Ethereum system, which is a kind of upgrade Bitcoin, the creation of a much more advanced service based on the idea of blockchain fundamental difference here is that if the entire Bitcoin system is only and exclusively a mechanism for transactions with a record of them in the blockchain with the added to this all the ability to generate new bitcoins, with which transactions are carried out, then Ethereum expands this field to the possibility to carry out any transactions of any kind., also without certification by any Central authority or any third party. At least that's the theory.
The biggest difference from bitcoin and ethereum is the main goal of these two projects.
Bitcoin aims to become a digital gold-storing medium, and eventually become a globally adopted currency that can repair or replace conventional money to some extent. Ethereum's goal is to be a platform that can be used by smart contracts and decentralized applications.
Bitcoin aims to become a digital gold-storing medium, and eventually become a globally adopted currency that can repair or replace conventional money to some extent. Ethereum's goal is to be a platform that can be used by smart contracts and decentralized applications.
Ethereum is another cryptocurrency, and one many people see as potentially overtaking Bitcoin as the dominant coin in the market.
The same is Blockchain technology but between Ethereum and Bitcoin there are quite a lot of differences. Bitcoin aims to form a currency, while Ethereum is a development platform.
What is more etherum is a little bit more different than bitcoin from the technology side, they have in common not such a lot of things like other coins compared to bitcoin.
Compared to Bitcoin, Ethereum is not a purely cryptocurrency, but a platform for certain applications consisting of smart contracts.
The scene where ETH is currently being used is the most used for ICO. Once the tide has passed, the value of ETH will drop.
The scene where ETH is currently being used is the most used for ICO. Once the tide has passed, the value of ETH will drop.
Bitcoin is a king and ethereum is a queen who always next to bitcoin.Bitcoin can be used as a payment system while eth is a coin can used in investing in the market.Bitcoin was decentralized and Ethereum was developing its new platform to develop a currency.
You are right ethereum is always second to bitcoin, they both have a different blockchain and their are both leading their own blockchain. But bitcoin is the most popular and have a high price coin.
There are many major differences between Bitcoin and Etherium. For example, Etherium is the power and foundation of Altcoin. 98% of Altcoin's uses are by Etherium. On the other hand, Bitcoin is the first online currency of the crypto world. Bitcoin works as the controller of all Altcoin and Etherium.
BTC has been around for 10yrs,,that's a long while to be in any industry competitively
Bitcoin is a king and ethereum is a queen who always next to bitcoin.Bitcoin can be used as a payment system while eth is a coin can used in investing in the market.Bitcoin was decentralized and Ethereum was developing its new platform to develop a currency.
Bitcoin can be called by simply "dollar digitized". This currency is quite similar to the US dollar, except for the complex rules that come with the banking system. This is not a technology. Bitcoin is not a company either. It is your own money, stored in digital form.
What makes Ethereum different is technology, not cryptocurrency. Ethereum coin is called "Ether" and, like Bitcoin, Ethereum can be bought/sold, and used by investors to call for investment in the ICO. Both Bitcoin and Ethereum all work on Blockchain technology, but Ethan's Blockchain is much more powerful. If Bitcoin is version 1.0 then Ethereum is 2.0, which allows building decentralized applications on its platform.
What makes Ethereum different is technology, not cryptocurrency. Ethereum coin is called "Ether" and, like Bitcoin, Ethereum can be bought/sold, and used by investors to call for investment in the ICO. Both Bitcoin and Ethereum all work on Blockchain technology, but Ethan's Blockchain is much more powerful. If Bitcoin is version 1.0 then Ethereum is 2.0, which allows building decentralized applications on its platform.
Bitcoin has been made to create a substitution for online payments and anonimize them. Ethereum on the other hand is a project made to create other projects on its blockchain with Solidity as a programming language. They are quite different projects but both can be used for payments.
Bitcoin is the lord of cryptographic money and Ethereum is ruler of digital currency.
This two coins are sparkling in the market from long.
As contrasted with the level of financial specialists in this two coins is more noteworthy than all altcoin. Presently a days numerous ICO is rely upon Ethereum and this made immense financial specialists in Ethereum.
This two coins are sparkling in the market from long.
As contrasted with the level of financial specialists in this two coins is more noteworthy than all altcoin. Presently a days numerous ICO is rely upon Ethereum and this made immense financial specialists in Ethereum.
The same is Blockchain technology but between Ethereum and Bitcoin there are quite a lot of differences. Bitcoin aims to form a currency, while Ethereum is a development platform.
Bitcoin is simply a cryptocurrency, it is the future of the payment system. While Ethereum is a new platform that everything can set up on it. So things like Facebook's decentralization or all things connecting and cross-sensing to all kinds of devices, to tedious things like ICO, you can put everything on the platform.
Bitcoin is like a ramp to the cryptocurrency world. It is both a medium of payment and a digital gold, so you can almost treat it as an encrypted reserve asset. It is really good in terms of payment. Meanwhile, Ethereum is the world's computer platform. It is the Blockchain platform that contains smart contracts that can be built on that foundation.
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It is both a medium of payment and a digital gold,
So how about etherium ? Etherium is can be also called a digital silver and also a medium of payment because it can be used for both purposes just like what we have on bitcoin.
The only main difference between them , is that bitcoin is the main cryptocurrency and etherium is just a mere altcoin but both of them are still superb or superior because of their solid characteristics .
Choosing both coins is also a good idea rather than choosing only one .
Bitcoin is like a ramp to the cryptocurrency world. It is both a medium of payment and a digital gold, so you can almost treat it as an encrypted reserve asset. It is really good in terms of payment. Meanwhile, Ethereum is the world's computer platform. It is the Blockchain platform that contains smart contracts that can be built on that foundation.
Currently these two coins are developed on two different platforms. BTC is always more valuable than ETH, but in terms of popularity, ETH is more popular than BTC.
In terms of value, Bitcoin is much larger than Ethereum. But in terms of development potential, Ethereum could face up to Bitcoin directly.
By origin, Bitcoin is created as a currency to store value. Ethereum was created as a smart trading platform.
By origin, Bitcoin is created as a currency to store value. Ethereum was created as a smart trading platform.
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