#BTCvsETH
⚖️ Bitcoin (BTC) vs Ethereum (ETH)
Characteristic Bitcoin (BTC) Ethereum (ETH)
Launch 2009 2015
Founder Satoshi Nakamoto (anonymous) Vitalik Buterin and other co-founders
Primary purpose Digital currency/store of value Platform for smart contracts & DApps
Block time ~10 minutes ~12 seconds
Coin limit 21 million BTC No fixed limit; approx. 120M ETH in circulation
Algorithm SHA-256 (Proof of Work) Proof of Stake (after Ethereum 2.0)
Current consensus Proof of Work Proof of Stake (since September 2022, “The Merge”)
Main use Store of value, payments DeFi, NFTs, decentralized applications
Transaction fees Variable, but generally lower Higher during busy periods
Ecosystem Simpler, focused on transfers Complex: includes ERC-20 tokens, NFTs, etc.
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🔍 Summary:
BTC is seen as digital gold, primarily serving as a store of value.
ETH is more flexible, being the engine of decentralized applications (DeFi, NFTs, etc.), but it is also a cryptocurrency.
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🔮 Investment:
BTC is often preferred by conservatives – more stable and established.