How is Bitcoin different from Etherium?

[Lagrood]

It is a nice conclusion. I consider that ETH is undervalued comparing with BTC we may see and compare 2 charts (BTC and ETH) and it becomes obviously that BTC has dropped much more than ETH and it means that ETH is more strong. I consider that there will be a ration 1:10 between BTC and ETH soon and ETH will chase BTC and decrease a diffirence.

[kamotharnn]

Bitcoin is the first cryptocurrency so it is somehow obsolete compared to ethereum. And in my opinion, I believe that ethereum is better than bitcoin. In the near future, ethereum might become a subject for people to study about the blockchain and the cryptocurrency

[Bitfling]

I think bitcoin is for payment purpose but right now bitcoin more like gold in digital world. Ethereum is working product for many platform and thats why ethereum networkd used by most crypto in market. Ethereum is like for bussiness and bitcoin for payment purpose

[Poortorich2018]

First of all,bitcoin is most valuable than ethereum. A bitcoin is trusted by more people,it is proven and many promising in the future. Transactions will be made without the need your personal identification.it is fast and secure transactions.

[Ewinsane]

The difference is that the Ethereum platform is Turing-complete. Various new functionality can be developed with relative ease. This makes the blockchain Ethereum often also called programmable blockchain. While Bitcoin has only one function that aims to facilitate peer-to-peer transactions as a digital currency.

Bitcoin is different form Ethereum and other cryptocurrencies as it is the first and unique currency out there in the market, the affects and functions of Bitcoin are quite different from other cryptocurrencies and that is why the Bitcoin  is popular than the other  cryptocurrencies on different levels. The market price tells better the difference between Bitcoin and Ethereum.

Bitcoin has very clear edge over ethereum and rest of all altcoins. The reasons that you have mentioned are fundamental causes why bitcoin is a better option than the king of altcoins. Ethereum is still dependent on bitcoin for every increase and decrease in the values.

You talked about the market price, definitely bitcoin has much greater than that of ethereum. Ethereum still needs couple of years to be as popular as bitcoin is.

[cmacwiz]

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 . 

[Shenzou]

Ethereum and Bitcoin are both different from each other, bitcoin is a cryptocurrency that is used only for one thing and that is financial, while ethereum is considered as a blockchain platform rather than a currency, and etheruem is open source that allows developers and project owners to bring blockchain technology into their business and this creating a wide variety of different ways to use cryptocurrrency is our lives.

[webdevmastery]

The difference is that the Ethereum platform is Turing-complete. Various new functionality can be developed with relative ease. This makes the blockchain Ethereum often also called programmable blockchain. While Bitcoin has only one function that aims to facilitate peer-to-peer transactions as a digital currency.

Bitcoins is the first cryptocurrency that has been created therefore it get all the popularity and ethereum today is the next coin which is altcoin that has developers who work hard to promote their ico and become the next to bitcoins.

[Similificator]

Great post. I believe that a lot of newbies here has really learned a lot from what you have shared to this forum. You are also right that ethereum seems to be something that is really good and is getting more and more popular with the masses. But still not better than bitcoins. If you really want great gains, go ahead and invest on low priced coins that are promising since they have great potential to go real high.

[paulk11087]

I do not know exactly how to distinguish, but Eth is getting more and more powerful thanks to the ICOs. Technology is better than bitcoin. But ultimately, no matter what happens, bitcoin is shaking, and neither Eth remains nor another altcoin.

[Jaybitcoin2018]

As what i known for bitcoin, the total difference from ethereum is that first decentralized digital currency system that works in a single admistrator. Biggest market capitalization which refers to supply and demand which can called as a King of all cryptos while ethereum is second rising star next to bitcoin which is also decentralized platform in which decentralized application. Being called as a Queen of cryptos base on his market capitalization.

[binghope]

Thanks for the useful information. First, when I read about ether I thought that it has more potential because of blockchain but later I found out that btc is much more popular and now I think that it really has more pros

No, the value of BTC is much higher than ETH, but in terms of popularity, ETH is the most common coin in the market. Perhaps in the near future ETH can compete with BTC, many ICOs have used Ethereum blockchain technology to not contain their coin. Show ETH is a potential coin in the market.

[RangiKAdi]

yes it is different because bitcoin is a digital currency that uses peer to peer networks and uses a database for its distribution. while ethereum is a chain platform block and functions like a virtual machine.

Thank for your comment, such a short one but show the main point right the way!!

[Paul23]

Regarding to there development, obviously bitcoin will be the first cryptocurrency  has been in circulation since 2009 while Ethereum is a recent development at 2015.
-Bitcoin is blockchain that simply to  be pictured as a database of accounts (or wallets) with an amount of currency stored in each,while ethereum network  is also allows the creation of other cryptocurrencies, or tokens, using the same protocol as Ether but distributed on different blockchains, which can be public or private.

 

[Ranly123]

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.

I might say the difference between the two is that ethereum is the upgraded version of Bitcoin. Bitcoin is the first in blockchain technology which allow the user to do transactions online, while ethereum has updraded what Bitcoin was and that is allowing erc20  tokens to be traded through it.

[Arbitao]

Bitcoin establishes a decentralized public ledger, which allows anyone to freely send and receive Bitcoins.
Ethereum additionally establishes a decentralized world computer, which allows anyone to set up and run "programs" (smart contracts), e.g. an ERC20 Token contract (which in turn allows sending and receiving ERC20 tokens).

Bitcoin's functionality is only a subset of Ethereum's. Ether is valued by people, because it is needed to pay for the execution of smart contracts, and useful smart contracts are valuable to people.

[sergiom]

Bitcoin has his own mining protocol, it has its own blockchain technology, wallet, Sphere of usage. Bitcoin is completely different from Ether

[developer101dev]

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.

they are different in terms of potential in the market, you can always see that bitcoins is more popular than ethereum and because of that, you can expect that the growth of btc is much faster more than ethereum but still eth coins is a good investment for low capital investors.

[efxtrader]

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.

[Ondre]

They both differ from its creator, and its value. Bitcoin is more valuable than ethereum.