Ethereum is a decentralized software platform launched in 2015 by the young Canadian-Russian “Vitalik Buterin”. It is not just a digital currency, but a comprehensive system that enables developers to build Smart Contracts that operate automatically without human intervention.
Features of Ethereum:
• Smart contracts: Deals and agreements can be executed automatically and reliably.
• Support for decentralized applications (DApps): Ethereum is the backbone of many applications such as games, decentralized finance (DeFi), and non-fungible tokens (NFTs).
• Greater flexibility than Bitcoin: it can be programmed in more complex ways.
The difference between BTC and ETH
Side Bitcoin (BTC) Ethereum (ETH)
Goal An alternative digital currency to cash A platform for creating applications and smart contracts
Speed Slower in transactions Relatively faster
Supply Only 21 million Unlimited, but subject to deflation reduction mechanisms
Programming Limited and low customization Flexible and highly programmable
Fame Most famous and widespread Second most famous digital currency
The future of BTC and ETH
• Bitcoin is expected to continue as a means of storing value, a safe haven in times of economic instability.
• Ethereum is expected to be the cornerstone of building the new decentralized internet, especially after its upgrade to Ethereum 2.0, which improves performance and reduces energy consumption.
Summary
Both BTC and ETH play a fundamental role in the world of digital currencies. The former is a symbol of trust in the digital financial system, while the latter is a driver of innovation and decentralized technology. Choosing the best between them depends on the user's goal: Are you looking for a long-term investment? Or to enter the world of smart applications and NFTs?