Topic: How is Bitcoin different from Etherium? - page 8. (Read 2040 times)
While both Bitcoin and Ethereum are powered by the principle of distributed ledgers and cryptography, the two differ in many technical ways. For example, the programming language used by Ethereum is Turning complete whereas Bitcoin is in a stack based language. Other differences include block time (Ethereum transaction is confirmed in seconds compared to minutes for Bitcoin) and their basic builds (Ethereum uses ethash while Bitcoin uses secure hash algorithm, SHA-256). (See also: Risks and Rewards of Investing in Bitcoin.) However, from a general point of view, Bitcoin and Ethereum differ in purpose. While Bitcoin is created as an alternative to regular money and is thus a medium of payment transaction and store of value, Ethereum is developed as a platform which facilitates peer-to-peer contracts and applications via its own currency vehicle. 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.
Bitcoin can be referred as digital gold that ,It had been one of the first cryptocurrencies to appear and such a popular coin nowadays while Etherium is an Eth-petroleum that had been launched at the beginning of the crypto market development.
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For me, as an investor, Etherium poses a bigger personal interest than Bitcoin, but it is pretty clear that at least for the next year bitcoin will be the leading currency in the crypto market. That is also because most of the people nowadays are familiar with Bitcoin, but have heard nothing of Etherium. But if you are looking for a long term investment, Etherium might be your solution.
It's not so easy to realise. You have to think the same way as the market will see these assets. And market over long period of time thinks that Bitcoin is the king. And even if we see that some coin has more and more usage and adoption it doesn't mean it will be number 1. If you remember few years ago people think the same way about Bitshares. But as we can see it's not even in top20.
I think bitcoin is a big reason to other currencies to continue in this world and etherum is following with bitcoin
I dont think that bitcoin and ether have many differencies
Bitcoin was the first virtual currency . Etherium is not just a digital currency it is a blockchai platform with many aspects. The two also have there similarities bitcoin and ether is both cryptocurrencies and niether of the two is controlled or regulated by centralized body but the main difference of bitcoin and ether is the speed bitcoin creates block every 10 minutes and ether creates every 15 seconds.
Bitcoin was the first virtual currency . Etherium is not just a digital currency it is a blockchai platform with many aspects. The two also have there similarities bitcoin and ether is both cryptocurrencies and niether of the two is controlled or regulated by centralized body but the main difference of bitcoin and ether is the speed bitcoin creates block every 10 minutes and ether creates every 15 seconds.
Understandably, Bitcoin is simply created and valued as a currency to hold values, while Ethereum is more inclined to create a platform based on smart contracts. smart contract).
Ethereum has a blockchain protocol that is more powerful than Bitcoin, with an average of only 12 seconds per Ethereum block, while Bitcoin takes 10 minutes. As such, the Ethereum transaction will occur faster than Bitcoin trading.
After digging Bitcoin, the digger receives the reward but the value is reduced by half every four years, now 12.5 bits. Ethereum relies on POW job proof algorithms to reward 5 ether for each block.
Ethereal's hacker penetration is higher than the rest of the currency because Ethereum runs Turing-complete code, and if enough time is spent, all calculations will be made.
Bitcoin concentrates on ASICs while Ethereum is against that and encourages miners to decentralize on an individual basis. One point to note is that when digging Ethereum, the diggers have to use more dedicated graphics cards.
Ethereum has a blockchain protocol that is more powerful than Bitcoin, with an average of only 12 seconds per Ethereum block, while Bitcoin takes 10 minutes. As such, the Ethereum transaction will occur faster than Bitcoin trading.
After digging Bitcoin, the digger receives the reward but the value is reduced by half every four years, now 12.5 bits. Ethereum relies on POW job proof algorithms to reward 5 ether for each block.
Ethereal's hacker penetration is higher than the rest of the currency because Ethereum runs Turing-complete code, and if enough time is spent, all calculations will be made.
Bitcoin concentrates on ASICs while Ethereum is against that and encourages miners to decentralize on an individual basis. One point to note is that when digging Ethereum, the diggers have to use more dedicated graphics cards.
Although there are many similarities in nature, these two currencies are still different in terms of technology and their role.
Bitcoin and Ethereum are the two most heavily invested electronic currencies in the current Cryptocurrency market.
Bitcoin is the father of all cryptocurrencies while Ethereum is the second cryptocurrency.
If set Ethereum next to Bitcoin, it is easy to see that both are good candidates to call for investment in the ICO and all operate on the Blockchain protocol. However, every electronic money is born to build a strategy for their own, to make a difference.
Bitcoin stores data on peer-to-peer computer systems and has never been deeply intervened, while Ethereum has branched out after DAO is attacked.
And a lot of difference.
Bitcoin and Ethereum are the two most heavily invested electronic currencies in the current Cryptocurrency market.
Bitcoin is the father of all cryptocurrencies while Ethereum is the second cryptocurrency.
If set Ethereum next to Bitcoin, it is easy to see that both are good candidates to call for investment in the ICO and all operate on the Blockchain protocol. However, every electronic money is born to build a strategy for their own, to make a difference.
Bitcoin stores data on peer-to-peer computer systems and has never been deeply intervened, while Ethereum has branched out after DAO is attacked.
And a lot of difference.
the difference between the two is the bitcoin is the precursor, and etherum is altcoin.
of course both have far-reaching differences as well, bitcoin has a greater belief than Ethereum.
but if compared with Bitcoincash, the bitcoin's own cousin's sister. I prefer Ethereum. because Ethereum trust I think is bigger than Bitcoincash.
of course both have far-reaching differences as well, bitcoin has a greater belief than Ethereum.
but if compared with Bitcoincash, the bitcoin's own cousin's sister. I prefer Ethereum. because Ethereum trust I think is bigger than Bitcoincash.
Bitcoin is a “cryptocurrency. while Ethereum is a token. Ethereum’s innovation is that it allows you to write Smart Contracts. Ethereum dramatically improves this model because it is digital, and proof of the transaction can never be deleted.
Bitcoin and other cryptocurrencies are competing against existing money (and gold) to replace them with a truly global currency.A global currency which allows individuals to own their own money (without having to rely on national banks).
Bitcoin and other cryptocurrencies are competing against existing money (and gold) to replace them with a truly global currency.A global currency which allows individuals to own their own money (without having to rely on national banks).
Unlike ether, bitcoin will always lead in all tops. By bitinoin always deduced in phyat and vice versa. According to the bitcoin the future, it is stronger and will always be in the first place.
Ethereum is just an altcoin and alternative cryptocurrencies are just created in order for other investors to have a variety of coin to choose since cryptocurrency is widely use in different countries now a days.
Ethereum is a good coin that currently occupies second position after bitcoin, I'm sure that ethereum usage keeps increasing because it is used for hundreds of tokens.
The dominance rate was here we bitcoin beats ethereum, bitcoin has a valuation of 154 billion dollars whereas the valuation of ethereum is half of that and the price of the coins is 500 of one unit of ethereum whereas the price of bitcoin is 700 per unit for bitcoin
Bitcoin becomes the first crypto so it is most popular than ethereum or another, until whenever bitcoin is hard to replace as it is a standard price for altcoins and already a lot of big companies are investing in bitcoin.
Bitcoin and ethereum are of course two different crypto, of course have advantages and disadvantages, and the most interesting thing from ethereum is that it can be used to make tokens that look very interesting than bitcoin.
Now many projects are based on ethereum because of its blockchain technology. Bitcoin is very fast in its growth and Ethereum takes time to show its growth. Both are good for investment so Bitcoin and Ethereum are both good coins for investment. Bitcoin is the king of cryptocurrency while ethereum is next to bitcoin. Bitcoin is suitable for long-term and short-term investments. But Ethereum is only for long-term investment
no. there are many projects based on ethereum and many merchants accept it as payment. of its use and function are also many different. ethereum with its platform can create a token for the offered project. and transactions in need of gas. so actually a lot of difference in bitcoin and ethereum.
both of this coin is really good option for investment
Yeah, the main thing here is that they both serve two different functions which make them to have their own complete differences.
The thing about bitcoin is that it is more focused on being the currency aspect that would make everyone make easy and swift transactions without a third party while Ethereum is more concentrated on the whole smart contract thing which makes it highly valuable as well considering the number of tokens that has come out of the platform.
Unlike ether, bitcoin will always lead in all tops. By bitinoin always deduced in phyat and vice versa. According to the bitcoin the future, it is stronger and will always be in the first place.
Ethereum is just an altcoin and alternative cryptocurrencies are just created in order for other investors to have a variety of coin to choose since cryptocurrency is widely use in different countries now a days.
Off kilter for all the great reasons bitcoin will dependably remain on the best regardless. I mean there is more fascination towards the bitcoin instead of ethereum regardless of what advancements happen in any of them. Its realize that individuals dependably begin with BTC when they go into the cryptographic money and bit by bit they begin moving towards the ETEHREUM. In this manner, its the moderate procedure and that is the reason we have ETH on the second position after all the application it has. Most likely it will rise too later on however BTC will dependably lead for every one of the distinctions that you expressed and what I just said.
The two coin led the market, and the BTC remained the king of cryptography, without any coin that could compete so I believed in BTC rather than ETH.
First of all I would like to say that the title of this topic has been opened by a complete information intern. He does not even write the name of one of the two options he wants to compare, but he shares his ridiculous thoughts with the users here. I would like to state that there is no cryptocurrency called '' Etherium '', there is a cryptocurrency called '' Ethereum ''. For that reason, I think it is useful to be careful and not to accept what we know.
The dominance rate was here we bitcoin beats ethereum, bitcoin has a valuation of 154 billion dollars whereas the valuation of ethereum is half of that and the price of the coins is 500 of one unit of ethereum whereas the price of bitcoin is 700 per unit for bitcoin
Unlike ether, bitcoin will always lead in all tops. By bitinoin always deduced in phyat and vice versa. According to the bitcoin the future, it is stronger and will always be in the first place.
Ethereum is just an altcoin and alternative cryptocurrencies are just created in order for other investors to have a variety of coin to choose since cryptocurrency is widely use in different countries now a days.
Now many projects are based on ethereum because of its blockchain technology. Bitcoin is very fast in its growth and Ethereum takes time to show its growth. Both are good for investment so Bitcoin and Ethereum are both good coins for investment. Bitcoin is the king of cryptocurrency while ethereum is next to bitcoin. Bitcoin is suitable for long-term and short-term investments. But Ethereum is only for long-term investment
no. there are many projects based on ethereum and many merchants accept it as payment. of its use and function are also many different. ethereum with its platform can create a token for the offered project. and transactions in need of gas. so actually a lot of difference in bitcoin and ethereum.
both of this coin is really good option for investment
Yeah, the main thing here is that they both serve two different functions which make them to have their own complete differences.
The thing about bitcoin is that it is more focused on being the currency aspect that would make everyone make easy and swift transactions without a third party while Ethereum is more concentrated on the whole smart contract thing which makes it highly valuable as well considering the number of tokens that has come out of the platform.
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