How is Bitcoin different from Etherium?

[Hellokitty09]

Both are good but two are different currency. Such as bitcoin prices so high & other currency price not so much high. There are many different this two currency.

Bitcoin is far better than Ethereum. People invest in crypto currencies because they want to make benefits out of them and bitcoin is best in this regard. Everyone knows what the end year value of both coins was and how much bigger were the profits of bitcoin. Ethereum is a good coin but it is nothing in front of bitcoin.It is like a lazy but strong cow while bitcoin has speed as well as power.

[CottonGuy]

Bitcoin blockchain is not using smart contracts.

[Limar0]

Statistically, bitcoin is different from ethereum in terms of value and capitalization.Bitcoin is more valuable than ethereum but it is known to us that ethereum is also getting more valuable today so there might be a possibility that ethereum can go together with bitcoin in the coming years.

[tuansemazi]

The main difference between Bitcoin and Ethereum lies in their role. The fact that they are aiming for parallelism target but with different purpose. Bitcoin interrupts currency, while Ethereum disrupts equity

[damgdas]

The easiest way to define bitcoin is to think of it as a "digital dollar" and, of course, remove all the regulation of Banks. It's not a technology, it's not a company. It's your money, just in a digital way.

The technology behind the ETH is Ethereum, where people can buy tokens issued by other companies' ICO, like bitcoin. What makes it different is not that it is another encrypted currency, but its technology. Unlike bitcoin, which is just a currency, itaifang is a ledger technology that companies can use to build new projects. While both bitcoin and Ethernet are backed by blockchain technology, Ethernet is more powerful, allowing for decentralized applications based on Ethernet.

[hannahwaston96]

- Currency issuance: Bitcoin creates 12.5 new bitcoins every 10min (or 75/hr) while Ethereum creates 3 new ether every 15 seconds (or 720/hr).
- Currency cap: Bitcoin is limited to 21 million bitcoins, of which 16.7m have been created so far. Ethereum has no hard cap currently, but there are plans to reduce or stop issuance in a year or two. There are currently 96.4m ethers.
- Bitcoin creates a new block every 10 minutes (on average). Ethereum creates a new block every 15 seconds.

[bittraffic]

We already know the differences, the question that you need to ask is whether you can afford to invest any of it. Since most probably the rest of us can still afford to buy ETH, stick with it because after all its useful and needed which makes you sure the price will sure go up. Unlike bitcoin, you still are sure that the price will rise but if you can't afford to have at least 10 BTC, then you're better with ETH.

[greenpath]

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.

Helpful thread. Thanks for sharing this with us. I also believe that bitcoin and ethereum have the vital role to make crypto more better than today. We will be able to see great changes that even we can benefits for the huge improvements.

[Ivandvanko]

Etherium is an excellent coin with good potential, which has proven its advantages more than once.  bitcoin dad, but the Etherium son who surpasses his father, but Dad's authority does not allow his son to rise above him.

[zergenyt09]

Basically, they are both the same thing and are meant to serve the same purpose. It can only make a difference when you start breaking it down like you did now. They both have features that makes them a lot different, it can be that Ethereum is faster than Bitcoin when it comes to making transactions and charges less fees. And if I’m asked, I think Ethereum is better than Bitcoin, the only reason why I think that Bitcoin is winning is because it was the first to get into the market and that makes it famous than Ethereum, and the number one choice for the people too.

[ganlianshifu1]

The main difference between bitcoin and ether is that they play different roles!

BTC has changed the traditional currency, while ETH has changed the application of cryptocurrency!

[squog]

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”.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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.

Thanks for the advise, i will use these information when deciding my next investments. Then again, from what little i know, BTC is an old and first coins so it had novelty in it and it is sold at a high price. ETH on the other hand is a far younger coin. But the advantage of the latter is that it has alot of projects using thier coin so it has more movements.

[sergiom]

I was hearing many times here at the forum, there is most of guys who dont know the anser, so they would say like - bitcoin is a king. Ether is a prince etc.

[GoodLuck2]

I think its different between bitcoin with ethereum. Bitcoin is like currency that we use for paying like currency. Ethereum is platform for bussiness and ethereum is like silver in investment and bitcoin is like gold in real world.

Bitcoin and ETH are different in many aspects and I would love to focus on the basic ones. Bitcoin has the ability and does create 12.5 bitcoin every 10 minutes while ETH creates 3 new ETH every  15 seconds. The number of bitcoin accessible to people is limited and is 21million Bitcoin but if we talk about ETH, the number is currently 96.4 million ETH. There are other market based differences which are quite common.

[Jerrytailad]

Bitcoin is the first crypto language people understand, ethereum follow.

[Webetcoins]

Bitcoin is a top coin and ETH is the second one. BTC has an immense capitalization and liquidity and BTC is very popular because a typical person imagines all crypto tech as just bitcoin. May be later ETH will change BTC but not soon. Anyway BTC is a very attractive asset of investing especially for amateurs.

Bitcoin is different from etherium in many ways. First of all Bitcoin is the oldest crypto currency and it is more user then other etherium  . According to price at international market Bitcoin beat etherium. Bitcoin is accepted in many country in comparison to etherium.  In term of volatility etherium is much more stable then Bitcoin and because of this many crypto currency investors choose etherium  for long term investment instead of bitcoin. Etherium  also provide its user fast money transaction facility then Bitcoin. But Bitcoin is much more stable coin then etherium . 

I don’t think so stability of ethereum is a factor that can give it edge over bitcoin because too much stable prices do not make favorable conditions for traders because they want prices to fluctuate so that they could do trading. As far as I know, ethereum has always followed bitcoin and its prices’ increase and decrease should synchronize with that of bitcoin. How could it be more stable than the king of crypto?

[Lakash]

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”.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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.

Bitcoin and Ethereum differ in purpose. While Bitcoin is created as an alternative to regular money and is thus a medium of payment transaction and store of value, Ethereum is developed as a platform which facilitates peer-to-peer contracts and applications via its own currency vehicle. While Bitcoin and Ether are both digital currencies, the primary purpose of Ether is not to establish itself as a payment alternative (unlike Bitcoin) but to facilitate and monetize the working of Ethereum to enable developers to build and run distributed application.

[Boldcom]

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”.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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.

Ethereum is an advancement based on the principle of blockchain that supports bitcoin but with a purpose that does not compete with Bitcoin. However, the popularity and rising market capitalization of Ether brings it in competition with all cryptocurrencies, especially from the trading perspective. Currently, the market cap of Ether (ETH) is more than Ripple and Litecoin, although it’s far behind Bitcoin (BTC). On the whole, Bitcoin and Ethereum are different versions using the blockchain technology, and are set to establish themselves, driven by different intentions.

[chengyinoing01]

Both bitcoin and Ethernet are virtual currencies based on blockchain. Virtual currencies and blockchains are different things. Blockchains are like open books, allowing people everywhere to see uncensored trading records. Virtual money is programmable digital money.

The use of Ethernet beyond virtual currency is a platform for decentralizing applications and executing smart contracts. A smart contract is a program code that automatically executes when certain conditions are met, such as transferring some of the application profits to investors after a certain date. In short, Ethernet is like a global computer, where people can exchange information, data and information without fear of being scared or manipulated. In this way, the network no longer needs to be managed from top to bottom, but instead enters the era of decentralized networking.

[bots1]

my mind is different from you, let us see between them is the same? logically ethereum is used as a venue for ico payments, but is it after the payment they keep eth? mostly for bitcoins. eth scalabititas have big transaction than bitcoin but miner feel burdened with amount of hardiks size so big. if ethereum does not rapidly improve concept then sooner or later it will be a disease for him