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Topic: How is Ethereum unique and different from Bitcoin? - page 2. (Read 528 times)

member
Activity: 644
Merit: 10
ethereum is unique because it has created a platform that is very simple and widely used by many people, although the blockchain is not too bad but ethereum has proven to be chosen by many new projects in crypto currencies.
perhaps ethereum was the only opportunity for new projects a couple of years ago to create their own coins. But today there are enough competitive platforms that can replace ethereum.
full member
Activity: 714
Merit: 102
ethereum is unique because it has created a platform that is very simple and widely used by many people, although the blockchain is not too bad but ethereum has proven to be chosen by many new projects in crypto currencies.
full member
Activity: 671
Merit: 103
Moni
Don't you realise that ethereum is a more fast way to send transactions, it is a platform for other tokens, another advantage is a smart contract, with its feature you can realise a lot of interesting functions like lock up period, it can be applied in a various industries
sr. member
Activity: 1372
Merit: 322
Ethereum is no more the only platform to offer smart contract. There has some more coins too. There is no way of comparing bitcoin with ethereum. As a coin Ethereum has a lot to offer but bitcoin is the most accepted cryptocurrency and it has the most active nodes which is the main base of a cryptocurrency.
newbie
Activity: 68
Merit: 0
Bitcoin is just a digital currency, but ethereum has more to offer in addition to that. Ethereum provides a platform to the developer on which they can build blockchain_based smart contracts and decentralized apps. Ethereum was the first cryptocurrency to introduce smart contracts, which are now considered as the next big thing.
Ethereum is also the most preferred platform for launching ICOs.

Bitcoin:

  • Bitcoin is the world’s first fully-functional cryptocurrency that is truly decentralized, open-source and censorship-resistant.
  • Bitcoin’s blockchain doesn’t care whether you are a human or a machine. Thousands of Bitcoin nodes on the blockchain are equally able to verify the legitimacy of payments independently and that’s why there is no need for any third party intermediaries like banks.


Ethereum:


  • Ethereum is not purely digital money but it doesn’t mean that you cannot transact on that blockchain
  • Ethereum’s blockchain can handle accounts and transactions like Bitcoin’s blockchain but can also store and execute newly coded programming logic.
  • Ethereum has its own Turing complete internal code... a Turing-complete code means that given enough computing power and enough time... anything can be calculated. With Bitcoin, there is not this form of flexibility.

The difference between Bitcoin and Ethereum

  • Ethereum is different from Bitcoin mostly because with Ethereum you can not only transfer money (i.e. Ether) but you can also execute smart contracts and make DApps

Another thing Ethereum is mainly used for Launching an ICO.

hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
Bitcoin is just a digital currency? Abeleez can you please tell me if Ethereum is just a digital currency as well?

ETH and bitcoin has its own uniqueness and its also one of very unique coin because it has helped a lot of scammers to create their coin easily and launch their ICOs without making themselves sweat.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
Both great cryptos. All have pros and cons. Eth has unlimited supply as for me this is not the great idea. BTC has no smart contracts. But both have real usage and widely famous. Hope both will become faster in next few years.
The Bitcoin and Ethereum is a Cryptocurrency it is the only mutual things in these two platform but others totally different in this platform. Because Erc 20 is much better project in current situation so Ethereum is a unique opportunity to follow the Ethereum smart contract. But your answer totally outside of question so read carefully then post the right manner.
newbie
Activity: 46
Merit: 0
At present, Ethereum's competitors are able to complete all the work of Ethereum, and the shortcomings of Ethereum are being expanded by these competitors!
full member
Activity: 644
Merit: 100
Both great cryptos. All have pros and cons. Eth has unlimited supply as for me this is not the great idea. BTC has no smart contracts. But both have real usage and widely famous. Hope both will become faster in next few years.
newbie
Activity: 98
Merit: 0
 When you look at bitcoin it is the lone soul in the crypto market which means it does not generate its value based on the coins its supports but rather on its own circulation supply mining and transaction whereas that is not the case with ethereum which rules on outsourcing blockchain
legendary
Activity: 1918
Merit: 1728
They have their own distinctions of variations, peculiarities, and trends as we all know how popular is Ethereum with smart contracts and its support towards ICO and its tokens creations, it serves its purpose that bitcoin cannot serve and that's it, ETH cannot replace bitcoin most especially with its price and popularity, ETH has no limit to its supply while bitcoin has.

Agree. Until and unless, Ethereum community accepts Vitalik's EIP, Ethereum may never repeat history again. Who can forget the ultimate run of Ethereum in 2016-17 but if problem of inflation isn't solved it may never see $10,000.

One more thing, due to excessive daps development and ICO abuse, Ethereum blockchain is much more abused than Bitcoin's blockchain. So when comes to real world use as mode of payment, Bitcoin tends to overshadow Ethereum as ETH network is more prone to abuse and congestion.
full member
Activity: 476
Merit: 105
They have their own distinctions of variations, peculiarities, and trends as we all know how popular is Ethereum with smart contracts and its support towards ICO and its tokens creations, it serves its purpose that bitcoin cannot serve and that's it, ETH cannot replace bitcoin most especially with its price and popularity, ETH has no limit to its supply while bitcoin has.
newbie
Activity: 210
Merit: 0
Both of them. Have their uniqueness, Bitcoin is like compared to the creation of the world, it is like puzzle and ETH is a real  legend wherein the legacy that it bought to everyone is just great... To conclude they are like the same yet its not.
full member
Activity: 473
Merit: 100
Bitcoin is just a digital currency, but ethereum has more to offer in addition to that. Ethereum provides a platform to the developer on which they can build blockchain_based smart contracts and decentralized apps. Ethereum was the first cryptocurrency to introduce smart contracts, which are now considered as the next big thing.
Ethereum is also the most preferred platform for launching ICOs.
Yes, I agree with your speculations of the unique features that ethereum has and this makes it different from bitcoin, ethereum also has high transaction speed and cheap fee and the smart contrast make it very good for icos to run on it technology.
full member
Activity: 448
Merit: 100
People always compare them but if btc is digital currency and ethereum as a platform offers much more things then bitcoin should be always more valuable since it is a currency? Ethereum's price may not be high but it is much more important as a platform.
sr. member
Activity: 1428
Merit: 326
Eloncoin.org - Mars, here we come!
Bitcoin is the decentralized cryptocurrency and Ethereum is the centralised cryptocurrency.This is the basic difference.Even though Ethereum is the centralised cryptocurrency,it had his own demand in the market.We can blindly say , Ethereum is the top of the available altcoins.
hero member
Activity: 1470
Merit: 655
the main difference are that ethereum is centralized, has a huge premine, it also had an ICO, and also finally it is providing an easy way of scamming people by creating these useless things called ICOs.
of course there are smaller differences too like having a bloated blockchain that nobody can sync anymore and the dwindling number of full nodes run by regular users on their personal computers and everything moving to servers and centralizing it even more.
newbie
Activity: 182
Merit: 0
bitcoin blocks are processed very late and in ethereum each block takes 15-20 seconds . also more transaction per block in ethereum .
bitcoin is treated as currency but ethereum is a development platform and ether was only created for its fuel .
relation of ether to ethereum is similar as gas to neo platform .
newbie
Activity: 102
Merit: 0
Yes it is. Ethereum differs from Bitcoin, but they do not have to be similar to each other. I think that these two crypto currencies will have a great future and we must support it.
sr. member
Activity: 677
Merit: 250
Bitcoin is just a digital currency, but ethereum has more to offer in addition to that. Ethereum provides a platform to the developer on which they can build blockchain_based smart contracts and decentralized apps. Ethereum was the first cryptocurrency to introduce smart contracts, which are now considered as the next big thing.
Ethereum is also the most preferred platform for launching ICOs.
the difference that makes the identity of both coins can be used as an option. both coins have the advantage that can be used as an investment option and minimize the risk of loss. now this ethereum will still continue to develop into coins that can compete with bitcoin and ethereum widely continue to develop its future potential.
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