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Author Topic: How is Bitcoin different from Etherium?  (Read 1987 times)
bsce1-1
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July 27, 2018, 03:23:30 PM
 #201

Off kilter for all the great reasons bitcoin will dependably remain on the best regardless. I mean there is more fascination towards the bitcoin instead of ethereum regardless of what advancements happen in any of them. Its realize that individuals dependably begin with BTC when they go into the cryptographic money and bit by bit they begin moving towards the ETEHREUM. In this manner, its the moderate procedure and that is the reason we have ETH on the second position after all the application it has. Most likely it will rise too later on however BTC will dependably lead for every one of the distinctions that you expressed and what I just said.
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July 27, 2018, 03:54:07 PM
 #202

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.
No, Ethereum is more than an altcoin, this altcoins was created not only to imitate the bitcoins blockchain but to solve, improve and develop more technologies that they may add into it. Bitcoin we know its features and advantages but if you don't fully know what is the difference behind these two you can't say altcoins is just an alternative as saying in equivalent like its useless.

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Himanshu111
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July 27, 2018, 03:56:49 PM
 #203

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.

Bitcoin is the father of all the cryptocurrencies while etherium is the second cryptocurrency.Bitcoin is the most popular and the most valuable and expensive one while etherium is not that expensive and popular.Although etherium is doing well in the market but it does not have that potential and capability to overtake bitcoin.Bitcoin in today's date is the best option for investment purposes as it gives tremendous amounts of profits and that too in a short period of time.Etherium does not give that much of profits.
Lubang Bawah
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July 27, 2018, 04:57:51 PM
 #204

Bitcoin and ethereum are of course two different crypto, of course have advantages and disadvantages, and the most interesting thing from ethereum is that it can be used to make tokens that look very interesting than bitcoin.



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Kodok Bencot
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July 27, 2018, 05:07:22 PM
 #205

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

Bitcoin becomes the first crypto so it is most popular than ethereum or another, until whenever bitcoin is hard to replace as it is a standard price for altcoins and already a lot of big companies are investing in bitcoin.
Paul Pogba
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July 27, 2018, 05:13:24 PM
 #206

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.

Ethereum is a good coin that currently occupies second position after bitcoin, I'm sure that ethereum usage keeps increasing because it is used for hundreds of tokens.
queenstella
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July 27, 2018, 05:39:33 PM
 #207

Bitcoin is a “cryptocurrency. while Ethereum is  a token.  Ethereum’s innovation is that it allows you to write Smart Contracts. Ethereum dramatically improves this model because it is digital, and proof of the transaction can never be deleted.
Bitcoin and other cryptocurrencies are competing against existing money (and gold) to replace them with a truly global currency.A global currency which allows individuals to own their own money (without having to rely on national banks).
kasurnya
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July 27, 2018, 07:11:31 PM
 #208

the difference between the two is the bitcoin is the precursor, and etherum is altcoin.
of course both have far-reaching differences as well, bitcoin has a greater belief than Ethereum.
but if compared with Bitcoincash, the bitcoin's own cousin's sister. I prefer Ethereum. because Ethereum trust I think is bigger than Bitcoincash.
AnnaJames12
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July 28, 2018, 09:22:41 AM
 #209

Although there are many similarities in nature, these two currencies are still different in terms of technology and their role.
Bitcoin and Ethereum are the two most heavily invested electronic currencies in the current Cryptocurrency market.
Bitcoin is the father of all cryptocurrencies while Ethereum is the second cryptocurrency.
If set Ethereum next to Bitcoin, it is easy to see that both are good candidates to call for investment in the ICO and all operate on the Blockchain protocol. However, every electronic money is born to build a strategy for their own, to make a difference.
Bitcoin stores data on peer-to-peer computer systems and has never been deeply intervened, while Ethereum has branched out after DAO is attacked.
And a lot of difference.
MelissaAnderson11
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July 28, 2018, 09:37:34 AM
 #210

Understandably, Bitcoin is simply created and valued as a currency to hold values, while Ethereum is more inclined to create a platform based on smart contracts. smart contract).

Ethereum has a blockchain protocol that is more powerful than Bitcoin, with an average of only 12 seconds per Ethereum block, while Bitcoin takes 10 minutes. As such, the Ethereum transaction will occur faster than Bitcoin trading.

After digging Bitcoin, the digger receives the reward but the value is reduced by half every four years, now 12.5 bits. Ethereum relies on POW job proof algorithms to reward 5 ether for each block.

Ethereal's hacker penetration is higher than the rest of the currency because Ethereum runs Turing-complete code, and if enough time is spent, all calculations will be made.

Bitcoin concentrates on ASICs while Ethereum is against that and encourages miners to decentralize on an individual basis. One point to note is that when digging Ethereum, the diggers have to use more dedicated graphics cards.
Michaelpascual
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July 28, 2018, 09:56:41 PM
 #211

I dont think that bitcoin and ether have many differencies

Bitcoin was the first virtual currency . Etherium is not just a digital currency it is a blockchai platform with many aspects. The two also have there similarities  bitcoin and ether is both cryptocurrencies and niether of the two is controlled or regulated by centralized body but the main difference of bitcoin and ether is the speed bitcoin creates block every 10 minutes and ether creates every 15 seconds.
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July 28, 2018, 10:03:30 PM
 #212

I think bitcoin is a big reason to other currencies to continue in this world and etherum is following with bitcoin
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July 28, 2018, 10:08:22 PM
 #213

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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.

It's not so easy to realise. You have to think the same way as the market will see these assets. And market over long period of time thinks that Bitcoin is the king. And even if we see that some coin has more and more usage and adoption it doesn't mean it will be number 1. If you remember few years ago people think the same way about Bitshares. But as we can see it's not even in top20.

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July 28, 2018, 10:19:07 PM
 #214

Bitcoin can be referred as digital gold that ,It had been one of the first cryptocurrencies to appear and such a popular coin nowadays while Etherium is an Eth-petroleum that had been launched at the beginning of the crypto market development.
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July 29, 2018, 01:56:54 AM
 #215

While both Bitcoin and Ethereum are powered by the principle of distributed ledgers and cryptography, the two differ in many technical ways. For example, the programming language used by Ethereum is Turning complete whereas Bitcoin is in a 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). (See also: Risks and Rewards of Investing in Bitcoin.) However, from a general point of view, 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 applications.
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July 29, 2018, 01:58:46 AM
 #216

Ethereum is certainly faster than Bitcoin – with transactions typically settling in seconds, rather than minutes. But it also takes things further. While still blockchain based, and operating as a store of value, its fans and evangelists see it as a platform for distributed computing, which comes with its own built-in currency, called Ether.

While the Bitcoin blockchain can simply be pictured as a database of accounts (or wallets) with an amount of currency stored in each, the Ethereum network blockchain is a more sophisticated construction, capable of storing computer code – applications – that can use the CPU power going into the network to execute.
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July 29, 2018, 02:27:44 AM
 #217

Bitcoin and ethereum are two very different coins, and according to experience from experts states that ethereum is better than bitcoin because it is safer, but for today's popular bitcoin can not yet be replaced.

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July 29, 2018, 05:16:05 AM
 #218

Ethereum is a scattered public blockchain network. Although there are many technical differences between Bitcoin and Ethereum, the main difference is its purpose and function. Bitcoin offers a peer-to-peer electronic money system for Bitcoin payments or transfers. While Ethereum focuses its blockchain to run a decentralized program, including one payment or an Ether transfer.
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July 29, 2018, 06:08:53 AM
 #219

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.
What a load of nonsense. You couldn't be any more wrong. People had been trying to figure out a trustless, decentralized electronic payment method for a long time. None of them could solve the double spend issue without using a centralized ledger. Bitcoin elegantly solved it.

I assume you are a newbie who has just recently been awestruck by the promises of ICO vaporware and the "amazing" things that people will do on this "decentralized global computer" called Ethereum. It is hard not to get bedazzled by all the marketing. You need to study bitcoin a lot more to understand it's technical as well as socio-economic aspects that excited the first people Satoshi contacted. For example, Here is one of the greats, Hal Finney speaking about it in his own words.

Also, Please stop shilling Ethereum like it is some kind of promising long term investment. It has proved none of it's proposed usages. It has only contributed to the ICO craze and even there it has competition in the form of competing chains like EOS, Lisk, QTUM etc. For anybody is looking for a long-term investment, bitcoin with its proven network, robustness, utility and community should take be the biggest part of your investment.

What a great debate mate,you perfectly delivered what is right to learned by all of us.and not this nonsense about what OP says..ethereum is a copycat and not to be trusted as what blockchain is

Many has become a ethereum believer because of the popularity he has by many shit projects using its platform to scam investors,but the true value of this is just a shit
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July 29, 2018, 06:18:09 AM
 #220

the most basic deed to my knowledge is the purpose of them is very different, bitcoin tested is used as digital gold / wealth storage assets while ethereum aims to be a smart contract plaform, apart from that the amount of bitcoin is also limited to 21 million coins only after it will not there is a bitcoin that is produced again while the ethereum does not have a production amount, CMIIW
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