What is the difference between etherreum and bitcoin?

3 answers

• Dec 28, 2021 · 3 years ago
  Etherreum and bitcoin are both popular cryptocurrencies, but they have some key differences. Etherreum is not just a digital currency, but also a platform for creating decentralized applications. It uses smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. Bitcoin, on the other hand, is primarily a digital currency used for peer-to-peer transactions. It operates on a decentralized network called blockchain, which records all transactions. While both cryptocurrencies use blockchain technology, their purposes and functionalities are different.
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• Dec 28, 2021 · 3 years ago
  When it comes to the difference between etherreum and bitcoin, one major distinction is their underlying technology. Etherreum uses a technology called Ethereum Virtual Machine (EVM), which allows developers to build and deploy smart contracts. Bitcoin, on the other hand, uses a technology called blockchain, which is a distributed ledger that records all transactions. Another difference is the supply. Bitcoin has a limited supply of 21 million coins, while etherreum does not have a maximum supply limit. Additionally, etherreum has faster block times and lower transaction fees compared to bitcoin. Overall, etherreum and bitcoin have different purposes and use cases, and understanding their differences can help investors and users make informed decisions.
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• Dec 28, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that etherreum and bitcoin are two of the most well-known cryptocurrencies. While both are based on blockchain technology, they have distinct differences. Etherreum is often seen as a platform for decentralized applications and smart contracts, while bitcoin is primarily used as a digital currency. Etherreum's blockchain allows for the creation of decentralized applications, enabling developers to build and deploy their own applications on the network. Bitcoin, on the other hand, focuses on facilitating peer-to-peer transactions. It's important to understand these differences when considering investing or using these cryptocurrencies.
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