#BTCvsETH The difference between Bitcoin (BTC) and Ethereum (ETH) is significant in terms of purpose, technology, and use. Here is a brief and clear comparison:
✅ Main Purpose:
BTC (Bitcoin):
A digital currency aimed at being a decentralized cash payment system alternative to traditional banks.
ETH (Ethereum):
A platform for creating smart contracts and decentralized applications (dApps), in addition to being a digital currency.
✅ Launch Date:
Bitcoin: 2009
Ethereum: 2015
✅ Founder:
Bitcoin: Anonymous figure (Satoshi Nakamoto)
Ethereum: Vitalik Buterin
✅ Maximum Supply:
BTC: Only 21 million (limited)
ETH: No clear maximum limit yet (but mechanisms have been implemented to burn coins and reduce supply)
✅ Working Method (Consensus Mechanism):
BTC: Proof of Work (PoW)
ETH: Transitioned to Proof of Stake (PoS) since the "Merge" update in 2022
✅ Speed and Fees:
BTC: Relatively slower, transaction fees can be high
ETH: Faster, but gas fees may be high depending on congestion
✅ Uses:
UseBTCETHPayment and Transfer✅✅Smart Contracts❌✅Decentralized Finance (DeFi)❌✅Non-Fungible Tokens (NFTs)❌✅
✅ Which is better?
BTC: Better as a "store of value" (like digital gold)
ETH: Better for applications, smart contracts, and building a decentralized system
Would you like to compare investment between them? Or are you looking for price predictions?