#BTCvsETH

Comparing BTC (Bitcoin) and ETH (Ethereum) is one of the most discussed topics in the crypto world, as each plays a completely different role despite being the two largest cryptocurrencies by market capitalization. Here is a comprehensive and simplified comparison

Currency

Purpose

BTC

Decentralized digital cash system – a digital alternative to gold

ETH

Platform for running smart applications (Smart Contracts) and DeFi and NFTs

🔹 2. Blockchain and technology

Aspect

Bitcoin

Ethereum

Consensus Algorithm

Proof of Work (currently via Lightning Network)

Proof of Stake (since the upgrade to Ethereum 2.0)

Speed

Relatively slower (about 7 transactions/second)

Faster (30-100+ with Layer 2)

Development

Maintains simplicity

Rapidly evolving – supports DeFi, NFT, D