How is Bitcoin different from Etherium?

[redsun114]

bitcoin is the mother of cryptocurrency. The first time digital money is bitcoin, after that it is his followers. it is what distinguishes the bitcoin with eth and other alt coin. outline is equally cryptocurrency.

Actually, btc and eth they are vastly different projects and have different intentions, bitcoin has emerged as a relatively stable digital currency  while eth aims to encompass more, with eth just a component of its smart contract applications,

Let’s have a look towards differences between Ethereum and Bitcoin besides their similarities. The important thing we know about the Bitcoin is not present in Ethereum as we know that Bitcoin is base currency which has affect on other cryptocurrencies.

Bitcoin helps us to get more profit while Ethereum helps us in getting lesser profit than Bitcoin. Moreover the Bitcoin benefits us in both its markets the most either in low market or high market.

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[wolffy0216]

Bitcoin has long been dominant in the cryptocurrency scene, it is certainly not alone. Ethereum is another cryptocurrency related project that has attracted a lot of hype because of its additional features and applications.

Yes, they are been running for a while now and already proved their worth, bitcoin and ethereum have different blockchain and they are both leading those blockchain now.

[Sled]

bitcoin is the mother of cryptocurrency. The first time digital money is bitcoin, after that it is his followers. it is what distinguishes the bitcoin with eth and other alt coin. outline is equally cryptocurrency.

Actually, btc and eth they are vastly different projects and have different intentions, bitcoin has emerged as a relatively stable digital currency  while eth aims to encompass more, with eth just a component of its smart contract applications,

Let’s have a look towards differences between Ethereum and Bitcoin besides their similarities. The important thing we know about the Bitcoin is not present in Ethereum as we know that Bitcoin is base currency which has affect on other cryptocurrencies.

Bitcoin helps us to get more profit while Ethereum helps us in getting lesser profit than Bitcoin. Moreover the Bitcoin benefits us in both its markets the most either in low market or high market.

I don't know how ethereum can help us to get lesser profit in bitcoin because if you are investing in ethereum and you are buying at the high price then you are in a high risk to lose a lot of money but if you are just buying ethereum at a low price point then you will not experience the lesser profit because instead of losing you will earn more bitcoins.

[Marcsymon]

Bitcoin has long been dominant in the cryptocurrency scene, it is certainly not alone. Ethereum is another cryptocurrency related project that has attracted a lot of hype because of its additional features and applications.

Yes, they are been running for a while now and already proved their worth, bitcoin and ethereum have different blockchain and they are both leading those blockchain now.

Bitcoin still leads the crypto market which dictates the majority behavior of all cryptocurrencies. In other hand ethereum are now in competing with bitcoin for popularity and demands with investors looking both which are the great potential of investment in decentralized technology.

[BitBite5]

Ethereum differs from bitcoin in concept of functioning and slightly different technology.
It's very prosperous coin with good value but unlike bitcoin it can be so widely used and it will never be at the same position as bitcoin is. Also I don't expect that it will ever reach so high value as bitcoin.

[chrisculanag]

Bitcoin for me is the main crypto and this is the major in crypto trading , yes ethereum is a digital petroleum because this is gas to transfer our erc20 tokens to other ethereum address .I agree with you, ethereum have more purpose and good for long term investment .

[tonyosa]

They are two different blockchains and they cover different niches. bitcoin was designed to be used principally as a means of payment while ethereum was designed to take care of Smart contracts

[1Referee]

In other hand ethereum are now in competing with bitcoin for popularity and demands with investors looking both which are the great potential of investment in decentralized technology.

For the sake of argument, let's assume Ethereum is indeed decentralized, then everything running on top of it is heavily subject to Ethereum's centralization. The only reason it is not a big deal for projects yet, is because they only care about noobs buying their ICO tokens. This will change eventually, where ICO's will no longer seek to run on top of something, but just operate their own blockchain that they can scale as they wish.

Also don't forget that everything running on top of Ethereum is directly pumping worthless data into its blockchain, which will lead to less nodes, and more node congestion amonst smaller groups of entities.

[yohan09]

Unlike ether, bitcoin will always lead in all tops. By bitinoin always deduced in phyat and vice versa. According to the bitcoin the future, it is stronger and will always be in the first place.

Bitcoin and Etherium are powered by the principle of distributed ledger's and cryptogrphy, the two differ in many technical ways. For example the programming language used by etherium is turning complete whereas Bitcoin is in stack based language. Other differences include block time  ( Ethereum transaction is confirmed in seconds compared to minutes for bitcoin ) and their basic builds ( Ethereum uses ethash while bitcoin uses secure hash algorithm, SHA 256)

[BitGunner]

I think that btc is more popular but in reality they have many common features and this can explain the great popularity of ether as well as btc. i m sure that btc is the best of the best but ether is a real rival of btc

[D3m1r4wanti]

Bitcoin is the king of cryptocurrency and Ethereum is queen of cryptocurrency. This two coins are shining in the market from long.As compared to the percentage of investors in this two coins is greater than all altcoin. Now a days many ICO is depend on Ethereum and this made huge investors in Ethereum.

bitcoin is king and ethereum is queen of crypto currency? I guess that's not the difference between bitcoin and ethereum

one that distinguishes between bitcoin and ethereum is the amount of supply of the coin. if bitcoin is limited to only 21 million coins while ethereum is not limited in number

[raihan09]

Basically Both are good cryptocurrencies but bitcoin is a most popularity & other ETH not so big popularity. Bitcoin price high & ETH not so high & also there are many different this both cryptocurrencies

[darewaller]

How is Bitcoin different from Etherium?

I have seen many questions on this matter around Bitcointalk, so I thought that this would be useful as a source. Hope you enjoy and don’t forget to say “thanks”.

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So let’s start off with the question “What are Bitcoin and Etherium?”. Well, they are cryptocurrencies, based on the blockchain. So what makes Bitcoin and Etherium so different, if they are based on the same system?

Bitcoin

Bitcoin is often defined as the “digital gold” and that is for a reason. It had been one of the first cryptocurrencies to appear and this makes it such a popular coin nowadays. It can be defined as the dollar of the blockchain, as it is only a payment method. It can not be described as an innovative and mind-blowing technology, although it is very useful itself, it is just your money, held in a digital form. Bitcoin can be used for multiple purposes, one of them is inviting in ICOs (Initial Coin Offering). Once you support an ICO, they give you their tokens, which can be compared to stocks, which grow with the company, although are dependent on the price of Bitcoin and the market in general. Some other purposes are investing and basic payments, which are getting more and more popular nowadays.

Etherium

Etherium, on the other hand, is defined as the “digital petroleum”. It had been launched at the beginning of the crypto market development, and many people see it overtaking Bitcoin in future due to it’s flexibility. Of course, it is priced lower than Bitcoin as it had entered the market way later, but that does not deny it’s usefulness when it comes to innovations. Shortly speaking, where Bitcoin is just a currency, Etherium is a platform for other applications to host and grow at. It is so “open-minded” as a platform, that you could build anything on it, starting from 3D printing to traveling network management. And that is the quality that allowed Etherium to enter the big market: it occupies a different area rather than Bitcoin, therefore serves for different purposes.

Conclusion

For me, as an investor, Etherium poses a bigger personal interest than Bitcoin, but it is pretty clear that at least for the next year bitcoin will be the leading currency in the crypto market. That is also because most of the people nowadays are familiar with Bitcoin, but have heard nothing of Etherium. But if you are looking for a long term investment, Etherium might be your solution.

I don’t even have time to be checking difference between cryptocurrencies, all I know is that they are all the same thing. You can use Bitcoin for making transactions and same can also be done with Ethereum. You can invest money in Bitcoin and can also invest money in Ethereum.

Ethereum can be used or everything that we use Bitcoin for, so there is no difference, unless you want to be reading all these meaningless things.

[bitcoinerjawa]

in my opinion bitcoin is of course very different from ethereum you can see from the very limited supply of bitcoin and from very high demand make bitcoin and ethereum very different.

[patarfweefwee]

Totally agree with OP. Bitcoin could be compared to digital gold. Since it is one of the first cryto currencies and is definitely expensice as anything. But there are not much uses and projects under Bitcoin. On the other hand, Ethereum is younger still than Bitcoin but it has way more uses and projects under their belt. Even converting alt coins to Bitcoins need to be exchanged to Ethereum first.

[SolomonSollarsNSense]

Now many projects are based on ethereum because of its blockchain technology. Bitcoin is very fast in its growth and Ethereum takes time to show its growth. Both are good for investment so Bitcoin and Ethereum are both good coins for investment. Bitcoin is the king of cryptocurrency while ethereum is next to bitcoin. Bitcoin is suitable for long-term and short-term investments. But Ethereum is only for long-term investment

no. there are many projects based on ethereum and many merchants accept it as payment. of its use and function are also many different. ethereum with its platform can create a token for the offered project. and transactions in need of gas. so actually a lot of difference in bitcoin and ethereum.
both of this coin is really good option for investment

Yeah, the main thing here is that they both serve two different functions which make them to have their own complete differences.
The thing about bitcoin is that it is more focused on being the currency aspect that would make everyone make easy and swift transactions without a third party while Ethereum is more concentrated on the whole smart contract thing which makes it highly valuable as well considering the number of tokens that has come out of the platform.

[rainezerr401]

Unlike ether, bitcoin will always lead in all tops. By bitinoin always deduced in phyat and vice versa. According to the bitcoin the future, it is stronger and will always be in the first place.

Ethereum is just an altcoin and alternative cryptocurrencies are just created in order for other investors to have a variety of coin to choose since cryptocurrency is widely use in different countries now a days.

[phillippw6]

The dominance rate was here we bitcoin beats ethereum, bitcoin has a valuation of 154 billion dollars whereas the valuation of ethereum is half of that and the price of the coins is 500 of one unit of ethereum whereas the price of bitcoin is 700 per unit for bitcoin

[BitcoinTurk]

First of all I would like to say that the title of this topic has been opened by a complete information intern. He does not even write the name of one of the two options he wants to compare, but he shares his ridiculous thoughts with the users here. I would like to state that there is no cryptocurrency called '' Etherium '', there is a cryptocurrency called '' Ethereum ''. For that reason, I think it is useful to be careful and not to accept what we know.

[Binmado]

The two coin led the market, and the BTC remained the king of cryptography, without any coin that could compete so I believed in BTC rather than ETH.