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Key Differences
Let’s look at the main differences between Ethereum vs Bitcoin, some of which you can see by comparing the basics I just mentioned!

Their Concepts

When you think of Bitcoin, think “digital money”. When you think Ethereum, think “smart contracts”. This is the easiest way to understand and remember the primary difference between Bitcoin and Ethereum!

Their Purposes

Bitcoin is a store of value and a way to send money to someone. Ethereum is also a way to send money to someone, but only when certain things happen.

Ethereum also differs by serving as a building platform for dApps/smart contracts, which allow it to send tokens that represent values. These values can be things other than digital currencies, making it different from Bitcoin.

Their Transactions

Bitcoin’s transactions look like this:

Jade sends 10 BTC (Bitcoins) to Pete.

Ethereum’s transactions run on smart contracts and look like this:

Send 10 ETH (Ether) from Jade to Pete if Jade’s balance is 15 ETH and the date is 12.01.2020.

So, Bitcoin’s transactions are manual and Ethereum’s transactions are automatic / programmable!

The Speed of the Transactions

Ethereum’s block time (transaction speed) is just seconds. Bitcoin’s block time, however, is minutes.

The Currencies: Ether vs Bitcoin

Ether is designed to fuel the Ethereum network and power transactions — think of it as gas.
Bitcoin is used to be the value of real-world transactions — think of it as money.
Their Coin Supply

Bitcoin is limited to 21,000,000 coins. This creates supply and demand, which is healthy for a store of value.

Ethereum, however, is not limited. The production of Ether is continuous. The supply of Ether will slow down a lot over time though.

Vitalik Buterin, the founder of Ethereum, stated that the total number of coins will not reach more than 100,000,000 ETH in the “foreseeable future”.

Their Ages

Ethereum is 6 years newer than Bitcoin and is further advanced.



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Lee said in March 2017 that this transition partly explains his creation's success: litecoin 'got lucky where, when bitcoin mining went from GPUs to ASIC, all the bitcoin GPUs were looking for a coin to mine, and litecoin just happened to have transitioned from *****U to GPU at that time.' Soon enough, however, ASICs were developed for Scrypt, and today it would be difficult if not impossible to turn a profit using anything but ASICs. One popular ASIC for Scrypt mining is Bitmain's Antminer L3+, but batches tend to sell out almost immediately, meaning you have to watch Twitter like a hawk; the company only accepts bitcoin cash and USD wire transfers (for some batches it only takes the former). Innosilicon is accepting pre-orders for a competitor, the A4+ LTCMaster. Other options are available, but the newest ASICs tend to run at least $2,000 and sell out quickly. Older ASICs may not be competitive, making it hard to turn a profit.анализ bitcoin steam bitcoin monero cryptonote monero node bitcoin удвоить обновление ethereum mikrotik bitcoin реклама bitcoin

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As an analogy, think of the popular Microsoft Excel spreadsheet program. You can make changes to the data on your own that may differ from earlier versions of the spreadsheet that are shared with others. But if you make changes to a Google Sheets document, on the other hand, those changes also show up in every other shared copy. Similarly, the shared and distributed nature of cryptocurrencies keeps everyone on the same page.ethereum investing