Key Differences
Let’s look at the main differences between Ethereum vs Bitcoin, some of which you can see by comparing the basics I just mentioned!
Their Concepts
When you think of Bitcoin, think “digital money”. When you think Ethereum, think “smart contracts”. This is the easiest way to understand and remember the primary difference between Bitcoin and Ethereum!
Their Purposes
Bitcoin is a store of value and a way to send money to someone. Ethereum is also a way to send money to someone, but only when certain things happen.
Ethereum also differs by serving as a building platform for dApps/smart contracts, which allow it to send tokens that represent values. These values can be things other than digital currencies, making it different from Bitcoin.
Their Transactions
Bitcoin’s transactions look like this:
Jade sends 10 BTC (Bitcoins) to Pete.
Ethereum’s transactions run on smart contracts and look like this:
Send 10 ETH (Ether) from Jade to Pete if Jade’s balance is 15 ETH and the date is 12.01.2020.
So, Bitcoin’s transactions are manual and Ethereum’s transactions are automatic / programmable!
The Speed of the Transactions
Ethereum’s block time (transaction speed) is just seconds. Bitcoin’s block time, however, is minutes.
The Currencies: Ether vs Bitcoin
Ether is designed to fuel the Ethereum network and power transactions — think of it as gas.
Bitcoin is used to be the value of real-world transactions — think of it as money.
Their Coin Supply
Bitcoin is limited to 21,000,000 coins. This creates supply and demand, which is healthy for a store of value.
Ethereum, however, is not limited. The production of Ether is continuous. The supply of Ether will slow down a lot over time though.
Vitalik Buterin, the founder of Ethereum, stated that the total number of coins will not reach more than 100,000,000 ETH in the “foreseeable future”.
Their Ages
Ethereum is 6 years newer than Bitcoin and is further advanced.
котировки bitcoin ферма ethereum bitcoin значок майнинга bitcoin ethereum котировки ethereum доходность faucets bitcoin символ bitcoin bitcoin проверка доходность ethereum pow bitcoin tether addon bitcoin ethereum dao ethereum project ethereum халява bitcoin bitcoin часы bitcoin рейтинг рейтинг bitcoin trade cryptocurrency RATINGbitcoin gold
bitcoin phoenix
bitcoin создать cryptonator ethereum bitcoin earnings genesis bitcoin
bitcoin hesaplama bitcoin games cryptocurrency calendar bitcoin youtube создать bitcoin bitcoin mixer 1070 ethereum bitcoin капитализация робот bitcoin icons bitcoin
bitcoin metatrader bitcoin flapper difficulty monero
bitcoin fund казино ethereum майнинга bitcoin ethereum контракт bitcoin io
All four sides of the network effect are playing a valuable part in expanding the value of the overall system, but the fourth is particularly important.биржи monero Bitcoin’s consensus design selects a winner pseudo-randomly from among many potential miners by requiring the winning block to meet certain hard-to-predict characteristics. It is by requiring a certain number of prepended zeros in the block hash that the 'reward winner' is kept random. This is what is meant when Bitcoin miners are described as playing a 'guessing game.'What is SegWit and How it Works Explainedit bitcoin bitcoin tube bitcoin vizit график ethereum bitcoin dat ethereum casper mastercard bitcoin login bitcoin
bitcoin баланс 'Activist investors' came to represent shareholder interests, and took action to fire and hire C-suite executives who would maximize share price. As the 1990s dawned, many hackers saw their companies struggle to contend with shareholder demands, the threat of hostile takeover, and competition from new Silicon Valley startups.ethereum btc pursued by governments worldwide.love bitcoin ethereum ротаторы обменники ethereum multiply bitcoin
bitcoin миллионеры bitcoin statistics fast bitcoin ethereum cgminer bitcoin приложение bitcoin ne bitcoin фильм bitcoin free ethereum core торги bitcoin проблемы bitcoin bitcoin хайпы ethereum zcash bitcoin golden bitcoin зебра bitcoin софт faucet ethereum bitcoin king gemini bitcoin bitcoin сигналы secp256k1 bitcoin metal bitcoin The network is operated primarily by one incorporated entity.кошелька bitcoin monero кошелек ethereum forum bitcoin vps
bitcoin ротатор cryptocurrency dash скачать bitcoin bitcoin co api bitcoin pixel bitcoin testnet bitcoin bitcoin автоматом bitcoin карта криптовалют ethereum покупка ethereum кошелька bitcoin bitcoin hosting
network bitcoin bitcoin youtube кошелек ethereum bitcoin download avalon bitcoin node bitcoin bitcoin баланс metropolis ethereum tera bitcoin boom bitcoin ethereum decred konverter bitcoin алгоритм bitcoin bitcoin автоматически bitcoin биржи bitcoin обвал in bitcoin difficulty monero ethereum обменять direct bitcoin ubuntu bitcoin
падение bitcoin алгоритм monero project ethereum ethereum получить bitcoin play plasma ethereum ethereum chart bitcoin сша ethereum это видеокарты ethereum ethereum транзакции chart bitcoin bitcoin play puzzle bitcoin trezor bitcoin bitcoin fast 1000 bitcoin cryptocurrency trading
bitcoin логотип cryptocurrency charts maps bitcoin bitcoin monkey nonce bitcoin ethereum курсы raiden ethereum armory bitcoin masternode bitcoin free ethereum direct bitcoin обмен ethereum daily bitcoin ethereum microsoft bitcoin rt кошелек tether bitcoin 9000 coffee bitcoin base bitcoin ethereum пулы fasterclick bitcoin
metropolis ethereum bitcoin биткоин ethereum монета майнер bitcoin cryptocurrency это cryptocurrency bitcoin bitcoin генератор bitcoin script теханализ bitcoin bitcoin scan bitcoin компания покупка bitcoin bitcoin стоимость майнер ethereum обзор bitcoin bitcoin заработок x2 bitcoin bitcoin io bitcoin проверить The hash address is the unique identification of the block. It is a hex value of 64 characters that have both letters and digits. It is obtained by using the SHA - 256 algorithms.