#BTCvsETH

Bitcoin and Ethereum are digital assets, but they aim to fulfill different purposes and have unique characteristics.

Bitcoin is sometimes referred to as digital gold and serves as a store of value, while Ethereum is a platform for decentralized applications and smart contracts.

Bitcoin ($BTC ) and Ethereum ($ETH ) are the pillars of the crypto market, each with distinct roles.

Bitcoin (BTC) is the "digital gold," designed as a decentralized currency and a store of value. It uses Proof of Work (PoW) and has a limited supply of 21 million coins, which reinforces its scarcity. Its main purpose is the secure transfer of value.

Ethereum (ETH) is a "world computer" platform for smart contracts and decentralized applications (dApps). Its cryptocurrency, Ether (ETH), is used for transactions and as collateral. It transitioned to Proof of Stake (PoS), which reduces its energy consumption. Unlike Bitcoin, it does not have a fixed supply limit, but it burns fees, which can make it deflationary.

The two digital assets also differ in their consensus mechanisms: Bitcoin uses Proof of Work and Ethereum is beginning its transition to Proof of Stake.