Bitcoin Vs Ethereum
Bitcoin:
An
online currency
that is secured without any central authority.
Ethereum:
Blockchain technology used to create
smart contracts
and
decentralized applications (DAPPS)
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Bitcoin Vs Ethereum
Bitcoin:
Transactions are generally only
keeping notes
.
Transactions might take a few
minutes
Ethereum:
Transactions may contain
executable code
.
Transactions are confirmed in
seconds
.
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Bitcoin Vs Ethereum
Bitcoin:
Bitcoin uses the
SHA-256
algorithm
Ethereum:
Ethereum uses
ethash
algorithm.
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Bitcoin Vs Ethereum
Bitcoin:
Created as an
alternative
to national currencies and aspires to be a medium of exchange and a store of value.
Ethereum:
Intended as a platform to
facilitate
immutable, programmatic contracts, and applications via its own currency ether(ETH).
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Bitcoin Vs Ethereum
ETH's purpose is not to be an alternative monetary system like BTC.
ETH is the currency accepted for the payment of transaction fees on the Ethereum network.
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