#BTCvsETH Bitcoin (BTC) and Ethereum (ETH) are the two biggest cryptocurrencies out there, and they're like apples and oranges - both amazing in their own ways. Here's how they stack up:
*Key Differences:*
- *Purpose*: Bitcoin is all about being a store of value, like "digital gold", while Ethereum is more like a decentralized computer that enables smart contracts and apps.
- *Consensus Mechanism*: Bitcoin uses Proof of Work (PoW), which is energy-intensive, whereas Ethereum uses Proof of Stake (PoS), which is more eco-friendly.
- *Scalability*: Bitcoin can handle about 7 transactions per second, while Ethereum can handle around 29 - but both are working on scaling solutions like Lightning Network and Ethereum 2.0.
- *Supply*: Bitcoin has a fixed supply of 21 million, while Ethereum has no cap on its supply.
*Current Market Snapshot:*
The current BTC to ETH conversion rate is about 1 BTC = 31.13 ETH. Bitcoin's market cap is over $1.9 trillion, while Ethereum's is around $400 billion ¹ ².
*Investment Perspective:*
Both BTC and ETH are solid long-term investments, but they serve different purposes. Bitcoin is like a safe haven, while Ethereum is more about innovation and decentralized applications. Ultimately, it's up to you to decide which one fits your investment goals better ³.
