#BTCvsETH #BTCvsETH: Here's a quick comparison between Bitcoin (BTC) and Ethereum (ETH) — the two biggest cryptocurrencies:
🔷 1. Purpose
BTC (Bitcoin):
Created as digital gold — a decentralized currency and store of value.
ETH (Ethereum):
Built as a smart contract platform for building decentralized apps (dApps), DeFi, NFTs, etc.
🔷 2. Technology
BTC:
Uses a simple scripting language, limited programmability.
ETH:
More advanced and programmable with Solidity, enabling DeFi, NFTs, DAOs, etc.
🔷 3. Supply
BTC:
Maximum supply: 21 million coins (deflationary).
ETH:
No hard cap (but EIP-1559 burn mechanism reduces inflation).
🔷 4. Consensus
BTC:
Proof of Work (PoW).
ETH:
Moved to Proof of Stake (PoS) with Ethereum 2.0.
🔷 5. Speed & Fees
BTC:
Slower (7 TPS), lower complexity, high fees in congestion.
ETH:
Faster (~30 TPS), but Layer-2s (like Arbitrum, Optimism) improve it.
🔷 6. Investment Perspective
BTC:
Considered safer, more stable, long-term store of value.
ETH:
More growth potential, but higher technical risk and innovation.
🟩 Final Thought:
🔐 BTC = Digital Gold
💻 ETH = Decentralized Internet Infrastructure