#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