#BTCvsETH – Key Differences

1. Purpose:

Bitcoin (BTC): Created as a digital currency and store of value (like digital gold).

Ethereum (ETH): Designed as a decentralized platform for building smart contracts and dApps (decentralized apps).

2. Launch Date:

BTC: 2009

ETH: 2015

3. Supply Limit:

BTC: Fixed supply – 21 million coins max.

ETH: No fixed cap, but supply is regulated.

4. Technology Use:

BTC: Mainly for peer-to-peer payments.

ETH: Supports NFTs, DeFi, smart contracts, and Web3.

5. Consensus Mechanism:

BTC: Proof of Work (PoW)

ETH: Moved from PoW to Proof of Stake (PoS) in 2022.

6. Speed & Fees:

BTC: Slower, lower throughput, higher fees during congestion.

ETH: Faster, but can also have high gas fees during peak times.

7. Developer Ecosystem:

ETH leads in blockchain development, dApps, and innovation.

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Both are powerful in their own domains:

✅ BTC is king for value storage

✅ ETH is dominant in blockchain utility