What is the difference between Bitcoin and Ethereum?

[nankers]

I write this as a learning medium for the newbie before jumping directly for investment or become a bounty hunter in the world of cryptocurrency.Ethereum and Bitcoin share many similarities but also have differences. The biggest difference is the main purpose of this project. Bitcoin aims to be a medium of wealth storage, digital gold, and ultimately a globally adopted currency that can repair or replace conventional money to some extent. Ethereum's goal is to be a platform that smart contracts and decentralized applications can use. Another important difference is the amount. The amount of Bitcoin is limited to 21 million, but the number of Ethereum is not limited to a certain amount. after you know the difference is new you can determine the investment in bitcoin or altcoin.sorry if only this I can explain, maybe from people of this forum anyone would add? and dont forget if this thread is pleasing to you, you can give me merit points 

[MCVXYZ]

Ethereum serves to implement blockchain abilities in real world by smart contracts for example in infrastructure,social life,etc.by it we can create decentralized social networks,it helps to create everything connected with artificial intelligence,tokenization.its not a payment instrument,we can not buy pizza or wine in the store,so ethereum has different goals,people use it for ICOs and bitcoin is a payment method,better for big transactions,for microtransactions we can use bitcoincash its  cheaper for small payments...

[Skieleton]

During the introduction of Bitcoin in 2009, a cryptocurrency was created, ie a payment instrument existing in a digital form. Moments later, more currencies began to emerge - one of them is Ethereum, the second in terms of capitalization of cryptocurrency, which, like Bitcoin, is decentralized - thanks to this, changes on the market have less impact on it. Bitcoin is the first digital currency in the world. You can use public channels to serve transactions using Bitcoin, such as shopping outlets, exchange offices, banks and the Internet. At the core of Bitcoin's idea lies a blockchain which is an open network that everyone can access - using applications, stock exchanges or shopping outlets.

Thanks to the records contained in the block chain, Bitcoin can not be released twice, stolen or changed, so that the potential user can be calm. Transactions and their history can be verified using the application. Saved transactions in the block chain are irreversible, this is based on so-called peer-to-peer networks without central computers and transaction verification systems. Bitcoin can be saved on a personal computer in the form of a transaction book file or held in a third-party site or company. Transaction books are in the form of data sets storing information about recent transactions carried out in the network, they are encrypted using cryptographic methods. Only those users whose transactions concerned relate to them have access to them.

Ethereum, on the other hand, is not as much a cryptocurrency, but a platform that one of the main features is the ability to create scripts of contracts that are saved in the code without the participation of third parties, why they can act as autonomous mechanisms. As one of the main reasons for the creation of Ethereum was to obtain a larger, more profitable currency than Bitcoin - that's why it was decided to introduce a Gas limit instead of the block size limit - this means that in one block there will be as many transactions as users paid for Gas.

That's probably enough .

[CryptoBitCoins]

Bitcoin and Ethereum are designed for different areas of activity, and they are the best, at the moment, in its direction. And my opinion is that they will live all the time while there is a crypto currency and no one will put forward them from the forefront, because Bitcoin is the beginning of the history of digital money in cryptography, it is the foundation for absolutely all crypto-currencies that already exist and that will be, but Ethereum has given new development in the digital world of money. So I think that they can not be compared, because they are created for different purposes.

[pentol86]

just imagine like gold and dollars, its different, but any mutual realationship, you can buy gold by dollar, and you can sell gold to get dollar. the different is about supply, as we know, bitcoin has limited supply, different from ethereum. in big scale, example for trading, use bitcoin is more profit, because the price always moving, with big community. ethereum as a means of the young generation to create a project or startup, where ethereum provides a place to start, and we know as ICO and token. thats my opinion

[delarossa]

The difference between the two in my opinion is:

1. 1 bitcoin price is now higher than the price of 1 ethereum and the exchange rate is very far adrift
2. fee in transactions using bitcoin larger than ethereum

[Advicerabi]

Both currencies crypto has differences, such as the Bitcoin as digital currencies peer-to-peer when making payment/tranfers Bitcoin already listed on Blockchain. Whereas differences Ethereum focuses on the blockchain to run a program, including any decentralization included in payment or transfer of coin Ethereum.

[yj300316]

i think the significant difference between bitcoin and ethereum is,
The ethereum network has a ERC20 token, that can be used for investing in ICO.

[jasson]

When reading the commentary, I still do not really understand the difference.