What is the difference between Bitcoin and Ethereum? | Headlines | News | CoinMarketCap

09/11/2023 17:58
What is the difference between Bitcoin and Ethereum? | Headlines | News | CoinMarketCap

Bitcoin and Ethereum, the two most popular cryptocurrencies, differ significantly in their purpose and functionality. Bitcoin, the first …

Bitcoin and Ethereum, the two most popular cryptocurrencies, differ significantly in their purpose and functionality.

Bitcoin, the first cryptocurrency ever created, is often referred to as digital gold due to its scarcity and durability. It primarily serves as a store of value and a medium of exchange, facilitating transactions without the need for a central authority.

On the other hand, Ethereum is more than just a cryptocurrency. It is a decentralized platform that enables the development and execution of smart contracts and decentralized applications (dapps), with its native cryptocurrency, ether, being used to power these operations.

Ethereum vs. Bitcoin: A comparison of two leading cryptocurrencies

From a technical standpoint, Bitcoin and Ethereum also have distinct …

Read more --->