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.
сколько bitcoin bitcoin investing майнинг bitcoin bitcoin кэш mixer bitcoin pool monero cryptocurrency tech ethereum platform bittorrent bitcoin bitcoin s bitcoin количество bcc bitcoin bitcoin теханализ криптовалюта tether kraken bitcoin bitcoin платформа ethereum geth ethereum упал оборот bitcoin FACEBOOKdat bitcoin майнить ethereum over a communications channel without a trusted party.trade cryptocurrency bitcoin motherboard bitcoin programming bitcoin novosti transactions bitcoin bitcoin x phoenix bitcoin
planet bitcoin
ethereum игра monero dwarfpool bitcoin cloud bitcoin биржи bitcoin mmm bitcoin расшифровка win bitcoin key bitcoin ethereum info bitcoin cran bitcoin в биржа bitcoin сайт ethereum цены bitcoin bitcoin кран
bitcoin video 20 bitcoin
monero amd ethereum game monero cryptonote
bitcoin фарминг forex bitcoin new bitcoin miningpoolhub ethereum bitcoin форк sell ethereum развод bitcoin bitcoin microsoft ethereum dag
algorithm ethereum ethereum com bitcoin prune ethereum прогноз fasterclick bitcoin bitcoin xl
bitcoin ваучер bitcoin лохотрон исходники bitcoin
ethereum pos ethereum котировки bitcoin kz bitcoin avto ethereum кран monero hardware 1 bitcoin
email bitcoin investment bitcoin платформы ethereum monero новости bitcoin торрент bitcoin conveyor
tether майнить
bitcoin mine captcha bitcoin
bitmakler ethereum
monero dwarfpool добыча ethereum
store bitcoin кошелька bitcoin bitcoin symbol bitcoin казахстан bitcoin script secp256k1 ethereum bitcoin кран тинькофф bitcoin bitcointalk ethereum rx580 monero часы bitcoin bitcoin инвестирование token ethereum bitcoin air
secp256k1 ethereum bitcoin accelerator monero bitcointalk nicehash bitcoin bitcoin python миксер bitcoin monero калькулятор bitcoin основы top cryptocurrency all cryptocurrency кошель bitcoin
antminer bitcoin капитализация bitcoin bitcoin phoenix cryptocurrency wikipedia инвестиции bitcoin bitcoin сбор bitcoin 10000 fake bitcoin swiss bitcoin yandex bitcoin bitcoin count
cold bitcoin q bitcoin bitcoin java bitcoin play bitcoin pay
dash cryptocurrency habrahabr bitcoin site bitcoin ethereum homestead
ethereum news bitcoin london инструмент bitcoin ethereum install bitcoin datadir bitcoin maps bitcoin conference bitcoin safe ethereum алгоритм cryptocurrency wikipedia отзыв bitcoin topfan bitcoin суть bitcoin maps bitcoin alpari bitcoin bitcoin onecoin ninjatrader bitcoin
monero краны wiki bitcoin bitcoin virus
bitcoin example bitcoin quotes
bitcoin шахты mac bitcoin ethereum купить
криптовалюту monero bitcoin bonus monero кошелек tether верификация bitcoin виджет депозит bitcoin tether yota бонусы bitcoin bitcoin fire kupit bitcoin
bitcoin fan water bitcoin ethereum pow bitcoin agario ethereum myetherwallet 1 bitcoin сложность ethereum tether gps запросы bitcoin bitcoin airbit ethereum википедия poloniex monero ethereum gas
bitcoin цена сервисы bitcoin платформа bitcoin индекс bitcoin instaforex bitcoin If Bitcoin becomes too unprofitable to mine (meaning the price falls below the cost of hardware and electricity to verify transactions and mine it), then fewer companies will mine it, and the rate of new block creation will lag its intended speed as computational power gradually falls off the network. An automatic difficulty adjustment will occur, making it require less computational power to verify transactions and mine new coins, which reduces security but is necessary to make sure that miners don’t get priced out of maintaining the network.ethereum заработать создатель ethereum bitcoin халява vizit bitcoin bitcoin spin ethereum 2017 стратегия bitcoin bitcoin example windows bitcoin
bitcoin artikel card bitcoin форки bitcoin bus bitcoin bitcoin автокран ethereum обменять
bitcoin forecast bitcoin mainer service bitcoin calculator cryptocurrency Requests for computation are called transaction requests; the record of all transactions as well as the EVM’s present state is stored in the blockchain, which in turn is stored and agreed upon by all nodes.bitcoin бизнес
bitcoin novosti
