#BTCvsETH
Bitcoin (BTC) and Ethereum (ETH) each have their own advantages. Here are some key differences:
*Advantages of Bitcoin:*
- *Store of Value*: Bitcoin is often considered "digital gold" due to its limited supply and resistance to inflation.
- *Decentralization*: The Bitcoin network is highly secure and resistant to censorship.
- *Medium of Exchange*: Bitcoin can be used as a means of payment across borders with lower fees.
*Advantages of Ethereum:*
- *Smart Contracts*: Ethereum allows for the automation of agreements without intermediaries through smart contracts.
- *Decentralized Applications*: Ethereum supports various industries such as DeFi and NFTs.
- *Flexibility*: Ethereum has higher scalability and can process more transactions.
*Other Differences:*
- *Purpose*: Bitcoin is designed as a means of payment, while Ethereum is a platform for decentralized applications.
- *Technology*: Bitcoin uses Proof of Work (PoW), whereas Ethereum uses Proof of Stake (PoS).
- *Supply*: Bitcoin has a capped supply of 21 million coins, while Ethereum does not have a clearly defined supply limit.