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Crypto Basics
What are the differences between Bitcoin and Ethereum?
What are the differences between Bitcoin and Ethereum?
Bitcoin and Ethereum are both digital assets, but they aim to serve different purposes and have unique features.
Bitcoin is sometimes referred to as digital gold, serving as a store of value, while Ethereum is a platform for decentralized applications and smart contracts.
The two digital assets also differ in their consensus mechanisms, with Bitcoin using Proof of Work and Ethereum beginning its transition to Proof of Stake.