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Author Topic: Ethereum(ETH) Vs. Bitcoin(BTC) *** Which is better? ***  (Read 92 times)
Handpari (OP)
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February 05, 2021, 05:06:14 AM
Merited by checkmatesir (3), Digital_Lord (2), Hobo66 (2)
 #1

Ethereum(ETH)  Vs.  Bitcoin(BTC)
      ***    Which is better?   ***


Well, that's kinda like comparing gasoline and an engine. Both useful, but very different things..

 Ethereum is actually not a currency, we misuse the word. it's a platform. The coin it uses, ETH, is called Ether.

Ethereum uses whats called a smart contract to allow transparent, fast, inexpensive transactions of not just ETH (monetary value) but of detailed agreements, or contracts.

This would be a game changer for, say, buying car insurance or paying for dental care, or paying your plumber for his services before he has performed them. ETH was supposed to help out BTC, not compete with it!!!

BTC, or bitcoin, is a crypto currency, like ETH. However, it doesn't  run on the Ethereum platform, only on the Blockchain. It does not use smart contracts and larger transactions can be extremely costly. BTC is more widely accepted, but when sending bitcoin transaction, only monetary value can be sent. Blockchain is just a transparent middle man for transactions, the currency used being bitcoin.

 Hence "Denetralized Currency".

So, to recap: Ether is a crypto currency distributed across the Ethereum platform. Smart contracts allow one to send agreements, not just money. Other coins can also be sent through the ethereum network.

Bitcoin is another cryptocurrency distributed across the blockchain platform. It does not use smart contracts, allowing only monetary trades between users. It's more widely accepted but slower and more expensive transactions.

To conclude, If we compare Ether (not ethereum) to Bitcoin, I think Ethereum wins. ETH can do what BTC can not, the only upside to BTC is that its well known. As ETH blows past $1,600 today It appears as though the tables are turning

Thoughts?

The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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February 05, 2021, 05:08:49 AM
 #2

I may ask you about does it relevant to compare orange with apple? I personally will believe if both were working on the different things.
Ethereum is focusing to bring the mass tokenization and it's the main aim that already introduced by ethereum when ethereum ico was happening a few years ago.
Bitcoin can be considered as the digital gold and people were changing their purpose to buy bitcoin to be used as store of value.

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February 05, 2021, 05:29:16 AM
 #3

Quote
It does not use smart contracts and larger transactions can be extremely costly.
So ethereum network is cheap right? Why does this guy got mad if the fees is cheap? Roll Eyes ETH made me very Angry today

Don't tell me Ethereum 2.0 will solve this bla bla, it's just still under development.

While Bitcoin has segwit address and batch to reduce the fees, and currently lightning network already released but still not much used since many bug and risky enough to use large amount money.

Your explanation is still unclear and not make sense, I don't find any advantages or disadvantages if you use Bitcoin or Ethereum. You only seems to be fanatic on Ethereum and proud what ETH have while BTC doesn't.

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February 05, 2021, 05:29:49 AM
 #4

Both are different entity and it is baseless to compare them. Bitcoin is the face of cryptocurrency market and is known for its USD value, whereas ETH is known for its technology. Comparing them is like comparing fruits with vegetables.

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February 05, 2021, 02:34:17 PM
 #5

I read your article with appreciation. These two are completely different from each other and both are indispensable to the cryptocurrency world. In my opinion, new competing platforms and coins may occur to both of them in the future. Currently, the transfer fees for both are very high and an update is required  Undecided

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February 05, 2021, 03:16:25 PM
 #6

I always wonder why compared Bitcoin to Ethereum or Bitcoin to other crypto knowing that they all have a different use case. Just like what OP said Ethereum use case is a smart contract that allows to send and receive contracts while Bitcoin is a digital currency that allows monetary trade, they don't even have the same use case so why they are always comparing these two, it doesn't make any sense. Regarding the fees, I don't think ETH has a cheap fee network as everyone can even barely made transactions because they are all suffering from expensive from it. At least Bitcoin has a lightning network though but let's see what ETH 2.0 can offer on these fees problem.



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February 05, 2021, 09:03:25 PM
 #7

So much controversy on this topic. Both cryptocurrencies are very promising, and in my opinion they cannot be compared. Bitcoin pioneered the entire cryptocurrency system, like the older generation of coins. Ethereum is younger but not lagging behind in popularity. So you have to buy both of them.
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February 05, 2021, 09:15:43 PM
 #8

You get to extract the both good attributes for each coin but with all of the comparison which is better, if you're for the development, you'll choose Ethereum. But if you're for the investment and cheaper fees these days, it's bitcoin as usual for investment and it's funny to think that it's once got the highest fees when the network of it was spammed and attacked. While for Ethereum, this isn't the first time that it got expensive fees and before, it was the most suggested for cheaper fees but it's no longer the same.

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February 05, 2021, 09:25:09 PM
 #9

 comparing bitcoin and ethereum is not fair, because both crypto are completely different mate
bitcoin born as cryptocurrency and ethereum created with many features such as smart contracts and more
so, its completely different

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FISH token sale at Sovryn
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HerbertMarcel
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February 22, 2021, 01:47:04 PM
 #10

There is no reason to relate these 2 coins with each other. Both of these coins have almost equal potentiality and future but there is no reason to compare ETh with BTC. Both are king on their own world but ETH is not comparable with BTC though both are equally profitable. My suggestion is now just to stop this gossip and invest in both. The decision is the too personal man.

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February 22, 2021, 01:54:50 PM
 #11

Bitcoin is better.

Bitcoin is a name that's on the tongue of 8 out of 10 people these days. This stats is just made up one but considering the world around us and the way bitcoin is out-performing these days, it's oscar winner.

You may extrapolate thousands of advantages of ETH over the bitcoin but BTC always stand a chance to gain more investors as compared to the ETH. People think ETH as escape pod, and whenever BTC is going up they prefer to sell their ETH for the BTC. So it's but obvious BTC is magnetic asset. For BTC is straight up blind bet and can play with it anytime. 
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February 22, 2021, 02:23:36 PM
 #12

as developer works on custom with development of product and service, the returns to have with chance as might dev to work also with plan on finance that might use on option to occupy the ethereum token network as they have with popular users on working with investment of practically using them as payment medium.

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