#BTCvsETH
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.
Considering the dominance of both Bitcoin and Ethereum, it’s only natural to compare and contrast them. In this article, we provide a brief overview of Bitcoin vs Ethereum, discuss their similarities, and compare their differences. Each has certain advantages and disadvantages, depending on how one might want to use them.