#BTCvsETH Bitcoin and Ethereum are the two largest cryptocurrencies in the world, but they have very different purposes, technologies, and philosophies. Here is a clear and direct explanation for you to understand how they compare:
🪙 Bitcoin (BTC) – The digital gold
Main objective: to be a store of value and decentralized means of payment.
Creation: launched in 2009 by Satoshi Nakamoto.
Limited supply: maximum of 21 million BTC, ensuring scarcity.
Consensus: uses Proof of Work (PoW), requiring mining with high energy consumption.
Speed: around 7 transactions per second.
Dominant narrative: protection against inflation, independence from governments and banks.
⚙️ Ethereum (ETH) – The decentralized computer
Main objective: to be a platform for smart contracts and decentralized applications (dApps).
Creation: launched in 2015 by Vitalik Buterin.
Flexible supply: no fixed limit, but with token burn mechanisms (EIP-1559).
Consensus: uses Proof of Stake (PoS) since 2022, with lower environmental impact.
Speed: around 12 to 30 transactions per second (and increasing with updates).
Dominant narrative: infrastructure for Web3, DeFi, NFTs, and the metaverse.