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Author Topic: How is Bitcoin different from Etherium?  (Read 2033 times)
stely
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July 29, 2018, 09:04:25 AM
 #221

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
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 (ĐApps).
Alter28
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July 29, 2018, 11:07:57 AM
 #222

Bitcoin is the base of all cryptocurrency, and Bitcoin will remain the king of Crypto. Actually, I do not want any coins to be able to cope with Bitcoin as a means of investment,
of the earliest bitcoins are made as cypto currencies but at high prices many investors invest in bitcoins.
as well as Etherium although widely used by many real projects but will not beat the bitcoin position.
This is impossible to say. ETH is also very popular in the world. Many companies and organizations are also investing in ETH every day. ICO projects are created on the platform of ETH. I think it is possible that in the future ETH will be able to replace Bitcoin

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Nabilo
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July 30, 2018, 07:44:06 PM
 #223

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.

Both currencies are different from there nature process and working. You can't compare bitcoin with ETH 

Bitcoin is a crypto currency where as ETH is an alt .Bitcoin is good for investing and specially for long term process ETH can be used only in trading
Ezenwanyi1
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July 30, 2018, 08:37:17 PM
 #224

Etheruem can be used in creating coins and crowd funding purposes while bitcoin is not.
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July 30, 2018, 09:58:44 PM
 #225

Between bitcoin and ethereum are many different points of view. As the average time per block of Bitcoin is 10 minutes, and Ethereum is 12 seconds. Time creating blocks faster than synonymous with the confirmation of the transaction will be faster. However, will create many “Orphan Block”. A main difference between them is the source of supply. More than 2/3 of the Bitcoin has been mined and put into circulation on the market. Longer own, Ethereum is not fixed in supply, but that does not mean that Ethereum will be inflation over time.
TheClownSong
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July 31, 2018, 12:39:11 AM
 #226

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

Ethereum is usefull for bussiness purpose. With smart contract, I am believe every bussiness in the future can be tokenize and peoples no need third party. Bitcoin will more powerfull if used as store of value because bitcoin is like gold
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July 31, 2018, 01:59:36 AM
 #227

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.
The difference between etherium and bitcoin is the fact that bitcoin is nothing more than a currency, whereas etherium is ledger technology that companies are using to build new programs, Both bitcoin and etherium operate on what is called blockchain technology however etherium is far more robust. If bitcoin was version 1.0, etherium is 2.0, allowing for the building of decentralized applications to be built on top of it.
ntarah langger
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July 31, 2018, 03:03:54 AM
 #228

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.
means Ethereum is better than bitcoin?
I think bitcoin is still the best right now, and besides I think it's just a confidence factor. bitcoin has greater confidence than ETH.
and also bitcoin is the first coin.
lehuong
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July 31, 2018, 04:46:34 AM
 #229

The difference between bitcoin and ethereum is that the bitcoin was born before the etherum and the value of the bitcoin was much larger than that of the etherum etherum but was inherited by the bitcoin technology and improved.
Deubila
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July 31, 2018, 12:09:01 PM
 #230

Between bitcoin and ethereum are many different points of view. As the average time per block of Bitcoin is 10 minutes, and Ethereum is 12 seconds. Time creating blocks faster than synonymous with the confirmation of the transaction will be faster. However, will create many “Orphan Block”. A main difference between them is the source of supply. More than 2/3 of the Bitcoin has been mined and put into circulation on the market. Longer own, Ethereum is not fixed in supply, but that does not mean that Ethereum will be inflation over time.
The most noticeable thing is that it is the top coin of the electronics market. The credibility of the electronic market if one owns it in large numbers, is great. The same thing is electronic money to trade everything when it is recognized in the financial markets. The difference is the different birth dates of the specifications are also different, which also does not affect the common users.
pokang13
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August 03, 2018, 07:11:53 AM
 #231

Bitcoin is a cryptocurrency.Etherium is a token invented by Satoshi Nakomoto and was introduced January 2009 while Etherium is a token invented by Vitalik Buterin,J9seph Lubin etc and was introduced on July 2015.
Kazuyukie
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August 03, 2018, 06:01:37 PM
 #232

The Bitcoin blockchain has a block limit of 1 MB. what that means is the the number of transactions that fit into a single block cannabis exceed a 1 MB. the time it takes to mine, or create, a new block on the bitcoin blockchain is about 10 minutes. this effectively means that the bitcoin network can handle 3-4 transactions per second.

The Ethereum blockchain does not have a block limit. the number of transactions that are put into a block are decided by the members. each block is mined in 12-14 seconds and the number of transactions per second are around 15.
Grimjule
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August 06, 2018, 10:26:46 AM
 #233

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.
means Ethereum is better than bitcoin?
I think bitcoin is still the best right now, and besides I think it's just a confidence factor. bitcoin has greater confidence than ETH.
and also bitcoin is the first coin.
Yes bitcoin is good in that sense no doubt and that is the reason that still people have more trust on bitcoin than any other currency. But I think that we should also accept the importance of Ethereum which is providing assistant to people for developing their projects.
leavolnhals
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August 06, 2018, 10:54:09 AM
 #234

Bitcoin and Ethereum are considered two of the largest and most popular electronic currencies currently available. If you compare Ethereum and Bitcoin, it's easy to spot differences. Bitcoin is created and valued. a currency, Ethereum is inclined to create a platform based on smart contracts. On the world's only 21 million bitcoin, Ethereum is not limited by the amount.

macarong998
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August 06, 2018, 10:58:24 AM
 #235

Bitcoin được tạo ra và có giá trị như một loại tiền tệ để lưu giữ những giá trị, trong khi đó, Ethereum lại nghiêng về việc tạo ra một nền tảng giao dịch dựa trên smart contract
draacubile328
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August 06, 2018, 11:28:19 AM
 #236

Ethereum có giao thức blockchain mạnh hơn Bitcoin, thời gian trung bình mỗi khối của Ethereum chỉ có 12 giây, trong khi Bitcoin tốn mất 10 phút. Như vậy, giao dịch Ethereum sẽ diễn ra nhanh hơn so với giao dịch bằng Bitcoin.
Abeey4life
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August 06, 2018, 11:35:10 AM
 #237

Thank for the clarification. I now understand the difference and similarity between Bitcoin and Etherium.
Henry Sy
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August 06, 2018, 11:41:59 AM
 #238

Bitcoin having some expertise in it's part as computerized gold offering the tried and true money related framework free from out limited expansion and political mediation. Ethereum developing into world PC a Blockchain based programming dialect empowering code based contract and decentralized application.
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August 06, 2018, 11:53:59 AM
 #239

Bitcoin was the first digital currency, while Ethereum was born with the hope of providing a more complete digital currency.
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August 06, 2018, 12:18:26 PM
 #240

Thank for the clarification. I now understand the difference and similarity between Bitcoin and Etherium.

I hope that it will help you a lot and give an information about bitcoin between ethereum.
A lot of different things through the role of digital currency and any cryptos.
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