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Crypto.com – Buy Bitcoin, Ethereum & SOL

Bitcoin vs Ethereum. The two biggest cryptocurrencies are very different. Learn what makes BTC and ETH unique.



Key Takeaways

Bitcoin (BTC) and Ethereum (ETH) are the leading cryptocurrencies.

Both operate on blockchain technology with a focus on decentralisation.

Bitcoin is primarily a store of value, while Ethereum is functional, enabling the execution of applications and smart contracts.

Bitcoin uses Proof of Work (PoW), while Ethereum transitioned to Proof of Stake (PoS) in 2022 for faster and more energy-efficient processing.

Bitcoin is often described as ‘digital gold’ and Ethereum as ‘digital silver’.

Bitcoin is seen as a decentralised value store and less volatile, as well as known for its fixed supply.

Ethereum, with more functions, has higher transaction activity, greater adoption rates, and adopted the PoS system.

Many traders hold both Bitcoin and Ethereum due to their distinct advantages.

Check out Crypto.com’s new Bitcoin Halving Countdown.

Introduction: Bitcoin vs Ethereum

In the world of cryptocurrency, two projects lead the pack. Bitcoin (BTC), the world’s first blockchain-based digital currency, is the largest cryptocurrency product by metrics like market capitalisation and number of unique crypto wallets holding it. Ether (ETH) follows as the native cryptocurrency used in the Ethereum network. 

Both Ethereum and Bitcoin run on blockchain technology, with a major focus on decentralisation. While both have a number of other similarities, they have many differences, as well. Created as an alternative to traditional currencies, Bitcoin aims to be a medium of exchange and store of value; meanwhile, Ethereum was built to facilitate smart contracts and decentralised applications (dapps) via a global virtual machine.