How is Bitcoin different from Etherium?

[htconem7]

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.

You can see that the difference you have is that bitcoin is just the intermediate coin to keep altcoin and dollars while ETH is the coin basis for altcoin. So, you can see that bitcoin dominates the crypto market, and at present bitcoin prices are in the long-term downtrend, which is very bad, which has made altcoin prices fall sharply and very well. Hard to recover and ETH is also among them.

[Daseento]

It's an educative post. To add to what is being said already, Ethereum smart contracts capabilities is what should be term the disruptive technology itself. Ethereum has made it easy for several others solutions to emerge as a result of her platform.

[Hundian]

Ethereum can be used in creating coins and crowd funding purposes while bitcoin is not.

[cryptoalfs76]

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.

Will in my own definition bitcoin is a first digital currency sytem created by satoshi nakamoto in order to  create a cashless society,while ethereum is the first altcoins thats can become a platform wallet  thats can be used in different trading or exchange different kinds of crypto coins,but probably this two  are the major  coins thats leads us now in coin market caps.

[RasicaOla12]

Bitcoin and Ethereum are the two most heavily invested electronic currencies in the Ethereal market, which are prone to creating a trading platform based on smart contracts.

[yitzjoe]

I see that ethereum will be brilliant in the future because one of its functions is as a platform for creating platforms for new decentralized projects that we can call smart contracts, ERC20 tokens are an example of the success of this smart contract. ECR20 tokens that ride the blockchain technology choose ETH have been running almost in all fields of activity that continue to mushroom and make etheruem increasingly known and widely used

[microwave]

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.

For my self Etherium and Bitcoin are really big help for me and my family even if I don't dream for being rich because of them, Stable financial for my family is enough for me. The Difference between Etherium and Bitcoin is their Price Value because Etherium is very too much lower than Bitcoin but regarding for services to All people are almost the same.

[dxl0536]

btc is the original and Beginning. eth is the follows.

[zander09]

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.

Will in my own definition bitcoin is a first digital currency sytem created by satoshi nakamoto in order to  create a cashless society,while ethereum is the first altcoins thats can become a platform wallet  thats can be used in different trading or exchange different kinds of crypto coins,but probably this two  are the major  coins thats leads us now in coin market caps.

Bitcoin is the first digital currency that we can used to pay bills or pay online  now, and ethereum is also known because of many token it has.

[streazight]

btc is the original and Beginning. eth is the follows.

This is of no doubt that Bitcoin is a base currency and has all the achievements and popularity but rest of the cryptocurrencies are also struggling and made positions strong and responding to our actions. However we choose Bitcoin as a better currency for our selves due to its huge profit productivity and for fast transactions. Ethereum keeps second place in digital ranking due to its second highest price and performance.

[DavidDWatkins44]

As for the origin, simply understand that Bitcoin was created and valued as a currency to hold values, while Ethereum was more inclined to create a platform based on smart contracts.

[BigBos]

As for the origin, simply understand that Bitcoin was created and valued as a currency to hold values, while Ethereum was more inclined to create a platform based on smart contracts.

well, it can be said that bitcoin and ETH have different platforms. so, of course these two coins are different. but, even though it's different, but until now, the price of ETH has always been affected by the price of bitcoin.

[DavidGBoydq232]

More than two-thirds of Bitcoin has been exploited and put into circulation on the market. Ethereum alone does not have a fixed supply, but that does not mean that Ethereum will suffer inflation over time. This is a special strategic direction of Vitalik Buterin, it is known that half the supply will be put into operation when Ethereum is 5 years old.

[EdwardARiley109]

In terms of value, Bitcoin is much larger than Ethereum. But in terms of development potential, Ethereum could face up to Bitcoin directly.

By origin, Bitcoin is created as a currency to store value. Ethereum was created as a smart trading platform.

[binghope]

Currently these two coins are developed on two different platforms. BTC is always more valuable than ETH, but in terms of popularity, ETH is more popular than BTC.

[JoeG.Fuller123]

Bitcoin is like a ramp to the cryptocurrency world. It is both a medium of payment and a digital gold, so you can almost treat it as an encrypted reserve asset. It is really good in terms of payment. Meanwhile, Ethereum is the world's computer platform. It is the Blockchain platform that contains smart contracts that can be built on that foundation.

[pinoyden]

Bitcoin is like a ramp to the cryptocurrency world. It is both a medium of payment and a digital gold, so you can almost treat it as an encrypted reserve asset. It is really good in terms of payment. Meanwhile, Ethereum is the world's computer platform. It is the Blockchain platform that contains smart contracts that can be built on that foundation.

It is both a medium of payment and a digital gold,

So how about etherium ?  Etherium is can be also called a digital silver  and also a medium of payment because it can be used for both purposes just like what we have on bitcoin.

The only main difference between them , is that  bitcoin is the main cryptocurrency and etherium is just a mere altcoin but both of them are still superb or superior because of their solid characteristics .

Choosing both coins is also a good idea rather than choosing only one .

[Lukamovo918]

Bitcoin is simply a cryptocurrency, it is the future of the payment system. While Ethereum is a new platform that everything can set up on it. So things like Facebook's decentralization or all things connecting and cross-sensing to all kinds of devices, to tedious things like ICO, you can put everything on the platform.

[Linconde6654]

The same is Blockchain technology but between Ethereum and Bitcoin there are quite a lot of differences. Bitcoin aims to form a currency, while Ethereum is a development platform.

[chopperchopper]

Bitcoin is the lord of cryptographic money and Ethereum is ruler of digital currency.

This two coins are sparkling in the market from long.

As contrasted with the level of financial specialists in this two coins is more noteworthy than all altcoin. Presently a days numerous ICO is rely upon Ethereum and this made immense financial specialists in Ethereum.