the two most widely known blockchains and cryptocurrencies, many people often directly compare Ethereum and Bitcoin against each other. In reality, Bitcoin and Ethereum are designed to achieve different goals, and in many ways can be regarded as complementary forces. Bitcoin is a peer-to-peer digital cash network, which facilitates transactions without the need for a central authority. This novel network architecture has consequently paved the way for the complex blockchain ecosystem that we have today. Ethereum, often referred to as the ‘world computer,’ iterates on Bitcoin’s technology while introducing smart contracts, which enable the creation of decentralized applications (dApps) spanning a broad range of crowdfunding platforms, financial instruments, digital games and collectibles, and decentralized marketplaces.
