Topic: How is Bitcoin different from Etherium? - page 7. (Read 2057 times)
Bitcoin and Ethereum are considered two of the largest and most popular electronic currencies currently available. If you compare Ethereum and Bitcoin, it's easy to spot differences. Bitcoin is created and valued. a currency, Ethereum is inclined to create a platform based on smart contracts. On the world's only 21 million bitcoin, Ethereum is not limited by the amount.
I think what makes ethereum different from bitcoin is; The ethereum platform is Turing-complete. Various new functionalities can be developed relatively easily. This makes blockchain Ethereum often called a programmable blockchain. While Bitcoin only has one function that aims to facilitate peer-to-peer transactions as a digital currency.
The difference is that the Ethereum platform is Turing-complete. Various new functionality can be developed with relative ease. This makes the blockchain Ethereum often also called programmable blockchain. While Bitcoin has only one function that aims to facilitate peer-to-peer transactions as a digital currency.
means Ethereum is better than bitcoin?I think bitcoin is still the best right now, and besides I think it's just a confidence factor. bitcoin has greater confidence than ETH.
and also bitcoin is the first coin.
The Bitcoin blockchain has a block limit of 1 MB. what that means is the the number of transactions that fit into a single block cannabis exceed a 1 MB. the time it takes to mine, or create, a new block on the bitcoin blockchain is about 10 minutes. this effectively means that the bitcoin network can handle 3-4 transactions per second.
The Ethereum blockchain does not have a block limit. the number of transactions that are put into a block are decided by the members. each block is mined in 12-14 seconds and the number of transactions per second are around 15.
The Ethereum blockchain does not have a block limit. the number of transactions that are put into a block are decided by the members. each block is mined in 12-14 seconds and the number of transactions per second are around 15.
Bitcoin is a cryptocurrency.Etherium is a token invented by Satoshi Nakomoto and was introduced January 2009 while Etherium is a token invented by Vitalik Buterin,J9seph Lubin etc and was introduced on July 2015.
Between bitcoin and ethereum are many different points of view. As the average time per block of Bitcoin is 10 minutes, and Ethereum is 12 seconds. Time creating blocks faster than synonymous with the confirmation of the transaction will be faster. However, will create many “Orphan Block”. A main difference between them is the source of supply. More than 2/3 of the Bitcoin has been mined and put into circulation on the market. Longer own, Ethereum is not fixed in supply, but that does not mean that Ethereum will be inflation over time.
The most noticeable thing is that it is the top coin of the electronics market. The credibility of the electronic market if one owns it in large numbers, is great. The same thing is electronic money to trade everything when it is recognized in the financial markets. The difference is the different birth dates of the specifications are also different, which also does not affect the common users.
The difference between bitcoin and ethereum is that the bitcoin was born before the etherum and the value of the bitcoin was much larger than that of the etherum etherum but was inherited by the bitcoin technology and improved.
The difference is that the Ethereum platform is Turing-complete. Various new functionality can be developed with relative ease. This makes the blockchain Ethereum often also called programmable blockchain. While Bitcoin has only one function that aims to facilitate peer-to-peer transactions as a digital currency.
means Ethereum is better than bitcoin?I think bitcoin is still the best right now, and besides I think it's just a confidence factor. bitcoin has greater confidence than ETH.
and also bitcoin is the first coin.
yes it is different because bitcoin is a digital currency that uses peer to peer networks and uses a database for its distribution. while ethereum is a chain platform block and functions like a virtual machine.
The difference between etherium and bitcoin is the fact that bitcoin is nothing more than a currency, whereas etherium is ledger technology that companies are using to build new programs, Both bitcoin and etherium operate on what is called blockchain technology however etherium is far more robust. If bitcoin was version 1.0, etherium is 2.0, allowing for the building of decentralized applications to be built on top of it. the most basic deed to my knowledge is the purpose of them is very different, bitcoin tested is used as digital gold / wealth storage assets while ethereum aims to be a smart contract plaform, apart from that the amount of bitcoin is also limited to 21 million coins only after it will not there is a bitcoin that is produced again while the ethereum does not have a production amount, CMIIW
Ethereum is usefull for bussiness purpose. With smart contract, I am believe every bussiness in the future can be tokenize and peoples no need third party. Bitcoin will more powerfull if used as store of value because bitcoin is like gold
Between bitcoin and ethereum are many different points of view. As the average time per block of Bitcoin is 10 minutes, and Ethereum is 12 seconds. Time creating blocks faster than synonymous with the confirmation of the transaction will be faster. However, will create many “Orphan Block”. A main difference between them is the source of supply. More than 2/3 of the Bitcoin has been mined and put into circulation on the market. Longer own, Ethereum is not fixed in supply, but that does not mean that Ethereum will be inflation over time.
Etheruem can be used in creating coins and crowd funding purposes while bitcoin is not.
Ethereum is a scattered public blockchain network. Although there are many technical differences between Bitcoin and Ethereum, the main difference is its purpose and function. Bitcoin offers a peer-to-peer electronic money system for Bitcoin payments or transfers. While Ethereum focuses its blockchain to run a decentralized program, including one payment or an Ether transfer.
Both currencies are different from there nature process and working. You can't compare bitcoin with ETH
Bitcoin is a crypto currency where as ETH is an alt .Bitcoin is good for investing and specially for long term process ETH can be used only in trading
Bitcoin is the base of all cryptocurrency, and Bitcoin will remain the king of Crypto. Actually, I do not want any coins to be able to cope with Bitcoin as a means of investment,
of the earliest bitcoins are made as cypto currencies but at high prices many investors invest in bitcoins.
as well as Etherium although widely used by many real projects but will not beat the bitcoin position.
This is impossible to say. ETH is also very popular in the world. Many companies and organizations are also investing in ETH every day. ICO projects are created on the platform of ETH. I think it is possible that in the future ETH will be able to replace Bitcoinof the earliest bitcoins are made as cypto currencies but at high prices many investors invest in bitcoins.
as well as Etherium although widely used by many real projects but will not beat the bitcoin position.
the most basic deed to my knowledge is the purpose of them is very different, bitcoin tested is used as digital gold / wealth storage assets while ethereum aims to be a smart contract plaform, apart from that the amount of bitcoin is also limited to 21 million coins only after it will not there is a bitcoin that is produced again while the ethereum does not have a production amount, CMIIW
While Bitcoin and Ether are both digital currencies, the primary purpose of Ether is not to establish itself as a payment alternative (unlike Bitcoin) but to facilitate and monetize the working of Ethereum to enable developers to build and run distributed applications (ĐApps). 
the most basic deed to my knowledge is the purpose of them is very different, bitcoin tested is used as digital gold / wealth storage assets while ethereum aims to be a smart contract plaform, apart from that the amount of bitcoin is also limited to 21 million coins only after it will not there is a bitcoin that is produced again while the ethereum does not have a production amount, CMIIW
It can not be described as an innovative and mind-blowing technology, although it is very useful itself, it is just your money, held in a digital form.
What a load of nonsense. You couldn't be any more wrong. People had been trying to figure out a trustless, decentralized electronic payment method for a long time. None of them could solve the double spend issue without using a centralized ledger. Bitcoin elegantly solved it. I assume you are a newbie who has just recently been awestruck by the promises of ICO vaporware and the "amazing" things that people will do on this "decentralized global computer" called Ethereum. It is hard not to get bedazzled by all the marketing. You need to study bitcoin a lot more to understand it's technical as well as socio-economic aspects that excited the first people Satoshi contacted. For example, Here is one of the greats, Hal Finney speaking about it in his own words.
Also, Please stop shilling Ethereum like it is some kind of promising long term investment. It has proved none of it's proposed usages. It has only contributed to the ICO craze and even there it has competition in the form of competing chains like EOS, Lisk, QTUM etc. For anybody is looking for a long-term investment, bitcoin with its proven network, robustness, utility and community should take be the biggest part of your investment.
What a great debate mate,you perfectly delivered what is right to learned by all of us.and not this nonsense about what OP says..ethereum is a copycat and not to be trusted as what blockchain is
Many has become a ethereum believer because of the popularity he has by many shit projects using its platform to scam investors,but the true value of this is just a shit
Ethereum is a scattered public blockchain network. Although there are many technical differences between Bitcoin and Ethereum, the main difference is its purpose and function. Bitcoin offers a peer-to-peer electronic money system for Bitcoin payments or transfers. While Ethereum focuses its blockchain to run a decentralized program, including one payment or an Ether transfer.
Bitcoin and ethereum are two very different coins, and according to experience from experts states that ethereum is better than bitcoin because it is safer, but for today's popular bitcoin can not yet be replaced.
Ethereum is certainly faster than Bitcoin – with transactions typically settling in seconds, rather than minutes. But it also takes things further. While still blockchain based, and operating as a store of value, its fans and evangelists see it as a platform for distributed computing, which comes with its own built-in currency, called Ether.
While the Bitcoin blockchain can simply be pictured as a database of accounts (or wallets) with an amount of currency stored in each, the Ethereum network blockchain is a more sophisticated construction, capable of storing computer code – applications – that can use the CPU power going into the network to execute.
While the Bitcoin blockchain can simply be pictured as a database of accounts (or wallets) with an amount of currency stored in each, the Ethereum network blockchain is a more sophisticated construction, capable of storing computer code – applications – that can use the CPU power going into the network to execute.
Jump to: