What is the difference between Bitcoin and Ethereum?

[Sincerem]

BTC will always be the steady go to coin when it comes cryoto investment. It brings profit when one didn't expert it, it is a coin for the future. I don't like trading Ethereum or investing into it.

 

[Ralphjoe]

I really don't know much about their differences but I've noticed quite a number of startup coins were built on the ethereum network before having the ability or fund to own their own block chain network, I look forward to learning from this thread because only those who study these coins in-depth will really know their significant differences.

Their differences it's just that they are both quite different cryptocurrencies with different valuation of the coins and their both based on different transaction processing management system.

 

[Sincerem]

BTC is the first digital coin in the world. And most of the whales track it more than they do via ETH. That's why BTC price is way ahead of ETH and will continue to rise until end of time.

 

[Niftyyem]

Their names is enough difference. However, Bitcoin is the first ever crypto and even the most popular, while ETH is a close second in popularity but with more use cases than btc.

 

[Cash%]

The difference is still on the transaction feels because bitcoin transaction fees is more costly compared to ethereum fee which i really hope the transaction feels could reduce atleast

 

[Robust]

Both Bitcoin and Ethereum are block chain technology.
The difference between Bitcoin and Ethereum is that;
Bitcoin is mainly a cryptocurrency aspire to be a medium of exchange and store of value.
While Ethereum is a more powerful ledger technology that's being used by businesses to create new programmatic contract and application.

 

[Sincerem]

Their names is enough difference. However, Bitcoin is the first ever crypto and even the most popular, while ETH is a close second in popularity but with more use cases than btc.

BTC is widely accepted than ETH, and is traded often than ETH too. You can see that when you go to coinmarketcap and check its statistics there.

 

[Jlife]

I don't know the difference between any of those two cryptocurrencies since I've not done any deep research about it but I think they are operating on different blockchain, bitcoin's blockchain has a lower transaction transaction fee compared to the ethereum blockchain

 

[Nomad]

I am no an expert in cryptography and blockchain, therefore, I may not be able to a good answer but I think ethereh has its own blockchain platform where as bitcoin does not

 

[Sincerem]

Bitcoin and ETH has separate blockchain. BTC is the first coin, others are simply learning from it. Without settling its blockchain first, mining it couldn't have taken place.

 

[Sotherefore]

What I really know about ethereum is the high transaction fee, ethereum blockchain is different from that of bitcoins , and it is known for its higher transaction fee the erc20 network, bitcoins also has high transaction fee but it depends on the conjestion of its blockchain.

 

[Lens]

Both bitcoin and ethereum are crypto coin and both are liquid. Ethereum is less liquid while bitcoin is more liquid. In terms of technology, bitcoin technology is worst amongst all the coins . Therefore, ethereum is more advance in technology and its features far exceed the bitcoin

 

[Fizzy_boi]

Bitcoin and Ethereum are similarly, they are electronic currency and the only things I can say that makes them different to each other is that their names are different, their price is different, they are not running by the same company.

They might actually be electronic currencies as you have said but I believe they have various differences depending on their demand at times so I believe they are quite different.

 

[Destinyfejiro]

Well there are few differences .... both names are different , built on different block chain.....Bitcoin is widely accepted and more popular than Eth ......Bitcoin is the first cryptocoin ever with the highest value in the crypto market .....I also think Bitcoin owner is anonymous while Eth owner isn't ....you could check about it online I might be wrong though

 

[Kunkun]

I never really thought about their differences although I know they are different coins, but why I do know is that the transaction fees of ethereum is higher than that of Bitcoin

 

[Kelly5]

Bitcoin and ethereum aw both cryptocurrencies that came into being at different times. Bitcoin existed first long before ethereum. Ethereum is a altcoins but Bitcoin is not

 

[Haveit]

Bitcoin was created by satoshi nakamoto and ethereum by another person, bitcoin price is at $32,800 as at a few moments ago and ethereum is not but it's below $2,000 that's some big difference right there.

 

[sbusari70]

While bitcoin was created as an alternative to national currencies and thus aspires to be a medium of exchange and a store of value, Ethereum was intended as a platform to facilitate immutable, programmatic contracts, and applications via its own currency.

 

[Fizzy_boi]

In terms of cryptocurrency Bitcoin and Ethereum we can equate, but if we look deeper there will be striking differences such as in terms of the use of the two cryptos, in terms of blockchain, the amount of crypto and the length of transaction time etc. I don't understand the difference between the two cryptos, can you explain?

Actually they are definitely coins I mean electronic currencies bit I think they are quite different in terms of marketing, values and even quite lot more differences exist between the two of them.

 

[ahmedo24]

While bitcoin was created as an alternative to national currencies and thus aspires to be a medium of exchange and a store of value, Ethereum was intended as a platform to facilitate immutable, programmatic contracts, and applications via its own currency.

Good explanation but with Current realities ethereum is now a coin just the way bitcoin is , with differences in their blockchain network, market capitalization, Price, gas fee and the likes.