#BTCvsETH
๐ Purpose & Utility
Bitcoin (BTC):
Digital gold. Primarily a store of value and medium of exchange.
Ethereum (ETH):
Decentralized platform for smart contracts, DeFi, NFTs, and dApps.
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โ๏ธ Technology
BTC:
Simple, secure, with a limited scripting language. Focused on security and immutability.
ETH:
Programmable blockchain using the Ethereum Virtual Machine (EVM). Supports complex smart contracts.
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๐ฐ Tokenomics
BTC Supply:
Fixed at 21 million. Deflationary by design.
ETH Supply:
No fixed cap. But post-EIP-1559, ETH can become deflationary due to burn mechanisms.
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๐ Consensus Mechanism
BTC:
Proof of Work (PoW) โ energy-intensive but highly secure.
ETH:
Transitioned to Proof of Stake (PoS) with Ethereum 2.0 โ energy-efficient and scalable.
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๐ Market Position
BTC:
๐ฅ First crypto. Largest market cap. Mainstream recognition.
ETH:
๐ฅ Second-largest. Dominant in smart contracts and blockchain development.
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๐ ๏ธ Use Cases
BTC:
Hedge against inflation, store of value, cross-border payments.
ETH:
Infrastructure for DeFi, NFTs, DAOs, and web3 innovation.
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๐ฌ Community Sentiment
BTC:
Conservative, security-focused, โsound moneyโ advocates.
ETH:
Builder-driven, innovative, flexible but more complex.
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๐ง Summary
BTC = Digital gold, ultimate store of value.
ETH = Web3 infrastructure, smart contract powerhouse.