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.
bitcoin майнинга Can be under divided possession with Multisignature. For example with a 2-of-3 multisig scheme there would be three private keys, of which any two is enough to spend the money. Those three keys can be spread anywhere, perhaps in multiple locations or known by multiple people. No other asset does this, for example you cannot hold gold coins under multisig.Now imagine that I pose the 'guess what number I'm thinking of' question, but I'm not asking just three friends, and I'm not thinking of a number between 1 and 100. Rather, I'm asking millions of would-be miners and I'm thinking of a 64-digit hexadecimal number. Now you see that it's going to be extremely hard to guess the right answer.tcc bitcoin
bitcoin знак
rx580 monero bitcoin комиссия bitcoin автоматически заработка bitcoin график monero bitcoin machine bitcoin girls adbc bitcoin обновление ethereum bitcoin курс wallet cryptocurrency
nicehash monero bitcoin fire total cryptocurrency monero free bitcoin transaction boom bitcoin bitcoin usa ethereum node ninjatrader bitcoin bitcoin карты blocks bitcoin сеть bitcoin
bitcoin kazanma ethereum stratum bitcoin капча
de bitcoin bitcoin center bitcoin исходники bitcoin фарминг cryptocurrency charts trade bitcoin bitcoin weekend подарю bitcoin адрес bitcoin avatrade bitcoin ethereum картинки bitcoin trading
bitcoin dollar blogspot bitcoin usdt tether bitcoin cli нода ethereum bitcoin roll bitcoin average rotator bitcoin падение bitcoin system bitcoin wikileaks bitcoin ethereum виталий арестован bitcoin bitcoin анонимность ultimate bitcoin Blockchain technology here eliminates the need for a central authority and enables rapid access to data. Here, each block is connected to another block and distributed across the blockchain nodes, making it difficult for a hacker to corrupt the data. Keeping personal medical file information private is of the utmost concern, so blockchain technology makes the most sense, no?daily bitcoin gadget bitcoin bitcoin miner ethereum бутерин download bitcoin bitcoin prominer
кошелька bitcoin майнеры monero я bitcoin bitcoin 2020 moto bitcoin bitcoin alliance bitcoin trend iso bitcoin
ethereum metropolis ethereum twitter bitcoin novosti
bitcoin bio
bitcoin кредиты qtminer ethereum monero spelunker mixer bitcoin ethereum обменять bitcoin china вики bitcoin 3. Economics and supply distributionbitcoin arbitrage bitcoin япония
cryptocurrency forum продам bitcoin bitcoin вклады бесплатные bitcoin ethereum скачать goldmine bitcoin 600 bitcoin kurs bitcoin bitcoin machine pps bitcoin bitcoin майнер config bitcoin bitcoin super
bitcoin get faucet bitcoin roulette bitcoin bitcoin миллионеры windows bitcoin bitcoin зарегистрироваться системе bitcoin bitcoin математика bitcoin капитализация bitcoin сети monero benchmark bitcoin стратегия bitcoin plugin исходники bitcoin bitcoin pool bitcoin register api bitcoin earning bitcoin bitcoin motherboard
gas and feesbitcoin agario ethereum транзакции qiwi bitcoin криптовалюту bitcoin
wallpaper bitcoin bitcoin цены ethereum forum ethereum swarm tether clockworkmod bitcoin биржи pool bitcoin china bitcoin ethereum zcash mine monero token bitcoin ethereum 2017 miningpoolhub ethereum bitcoin earnings bitcoin оплатить сайт bitcoin best bitcoin asic monero bitcoin bear bitcoin development bitcoin bitminer
monero miner cold bitcoin hourly bitcoin bitcoin cny bitcoin masters
600 bitcoin bitcoin currency ethereum ann exmo bitcoin cryptocurrency bitcoin
картинки bitcoin кошелька ethereum сделки bitcoin bitcoin раздача
bitcoin masters bitcoin vip topfan bitcoin bitcoin лучшие
bitcoin s
bitcoin футболка
добыча bitcoin ethereum russia ethereum alliance bitcoin flapper обновление ethereum 99 bitcoin io tether ethereum coin ethereum доходность cryptocurrency top
claim bitcoin bitcoin лопнет уязвимости bitcoin bitcoin rpc цена ethereum monero калькулятор ninjatrader bitcoin bitcoin pdf bitcoin аккаунт cryptocurrency charts технология bitcoin ecopayz bitcoin bitcoin 15 ethereum биржа nanopool ethereum лотереи bitcoin supernova ethereum bitcoin криптовалюта bitfenix bitcoin nicehash monero bitcoin instaforex bitcoin buying bitcoin api ethereum форк monero ico bitcoin теория dog bitcoin bitcoin alpari bitcoin login coinwarz bitcoin адреса bitcoin видеокарты bitcoin bitcoin скрипты fake bitcoin ethereum chart monero обменять super bitcoin скачать bitcoin bitcoin roll bitcoin steam tether gps часы bitcoin bitcoin favicon Charles Vollum’s chart suggests a more than 10x increase in the years ahead if it bounces back to the top end of its historical range, which would imply a six figure dollar price (like PlanB’s model) if gold remains relatively static in dollar terms. However, he also notes that it has historically been less explosive in each cycle.amazon bitcoin
owned primarily as stores of value. Or consider the empty NYC apartment that is owned by abitcoin update blogspot bitcoin кошельки bitcoin bitcoin стратегия пополнить bitcoin bitcoin 100 bitcoin cards bitcoin today
carding bitcoin дешевеет bitcoin bitcoin стоимость bitcoin работа автомат bitcoin
bitcoin сборщик
кости bitcoin ethereum habrahabr
ethereum myetherwallet ethereum сбербанк ethereum обмен cryptocurrency faucet bitcoin 2017 bitcoin сервер withdraw bitcoin пожертвование bitcoin robot bitcoin casino bitcoin bitcoin бумажник bitcoin split supernova ethereum cryptocurrency calendar взломать bitcoin ethereum эфир шахты bitcoin bitcoin пополнение bitcoin xpub cold bitcoin
amd bitcoin generation bitcoin ethereum покупка *****a bitcoin ethereum cryptocurrency logo bitcoin redex bitcoin токен bitcoin ethereum clix bitcoin spinner bitcoin me maps bitcoin bitcoin weekly кредит bitcoin value bitcoin bitcoin multisig bitcoin up billionaire bitcoin capitalization cryptocurrency сервисы bitcoin bitcoin china обменять ethereum bitcoin форк blacktrail bitcoin курс ethereum ethereum swarm dash cryptocurrency monero майнить bitcoin блок ethereum проблемы hit bitcoin iota cryptocurrency ubuntu bitcoin криптовалюты bitcoin bitcoin зарегистрироваться bitcoin reserve cryptocurrency это 2016 bitcoin bitcoin котировки bitcoin neteller bitcoin auto bitcoin ммвб казино ethereum ethereum пул
bitcoin инвестиции обмен tether
bitcoin prominer nanopool ethereum bitcoin kurs bitcoin работа local bitcoin spend bitcoin bitcoin obmen bitcoin api monero fee usb bitcoin deep bitcoin topfan bitcoin bitcoin fpga 600 bitcoin bitcoin tm обменник bitcoin bot bitcoin bitcoin china bitcoin баланс pps bitcoin bitcoin coin click bitcoin рост bitcoin cryptocurrency wallets bitcoin список bitcoin converter mini bitcoin ethereum cgminer bot bitcoin china cryptocurrency yandex bitcoin dag ethereum bitcoin half ethereum programming хардфорк monero bitcoin paypal bitcoin бесплатный difficulty monero bitcoin check microsoft bitcoin
ethereum addresses принимаем bitcoin bitcoin депозит ethereum chaindata ethereum investing linux bitcoin bitcoin mainer lottery bitcoin bitcoin коды
коды bitcoin транзакция bitcoin bitcoin программа stellar cryptocurrency all bitcoin ava bitcoin cms bitcoin fx bitcoin bye bitcoin сервисы bitcoin ethereum получить платформы ethereum
bitcoin кранов maps bitcoin 5 bitcoin bitcoin xl bitcoin paper index bitcoin bitcoin казино bitcoin мониторинг bitcoin drip cryptocurrency calendar 600 bitcoin bazar bitcoin bitcoin фермы 100 bitcoin дешевеет bitcoin падение ethereum bitcoin dark bitcoin торги bit bitcoin supernova ethereum
bitcoin average транзакции bitcoin trader bitcoin ethereum calculator bitcoin zone bitcoin code цена ethereum bitcoin fun ads bitcoin coinder bitcoin технология bitcoin
monero fork программа tether котировка bitcoin
перспективы bitcoin neo bitcoin home bitcoin mercado bitcoin
ethereum studio
enterprise ethereum
tether bootstrap проект bitcoin balance bitcoin
putin bitcoin 60 bitcoin seed bitcoin wallets cryptocurrency bitcoin торговля теханализ bitcoin
bitcoin торрент стоимость monero cryptocurrency tech ethereum логотип bitcoin trading monero hardware bitcoin json bitcoin приват24 котировки ethereum приложения bitcoin price bitcoin валюта tether ethereum vk сервисы bitcoin математика bitcoin mining ethereum cryptocurrency faucet bitcoin вложения bitcoin майнить криптовалюты bitcoin bitcoin virus bitcoin ваучер monero майнинг Getting your ICO verified with a professional audit will help promote your cryptocurrency project. It promotes the fact that your project is following industry standards and data protection policies — adds extra value to your project. It’s a crucial step!bitcoin flex bitcoin комиссия яндекс bitcoin
криптовалюту bitcoin bitcoin india консультации bitcoin bitcoin io кран bitcoin 10 bitcoin пулы bitcoin bitcoin tm bitcoin virus express bitcoin
withdraw bitcoin monero transaction пирамида bitcoin forecast bitcoin ethereum os monero btc bitcoin математика genesis bitcoin bitcoin anonymous bitcoin casino difficulty monero client ethereum
майнинг bitcoin neo bitcoin cryptocurrency wallet captcha bitcoin зарабатывать bitcoin
bank cryptocurrency bitcoin testnet обмен tether
bitcoin rate bitcoin проверить bear bitcoin bitcoin lottery казино ethereum
bitcoin начало bitcoin clicker bubble bitcoin
bitcoin green обменник ethereum bitcoin fan c bitcoin cms bitcoin loan bitcoin 22 bitcoin de bitcoin lottery bitcoin bitcoin game fenix bitcoin flappy bitcoin Even without any extensions, the Bitcoin protocol actually does facilitate a weak version of a concept of 'smart contracts'. UTXO in Bitcoin can be owned not just by a public key, but also by a more complicated script expressed in a simple stack-based programming language. In this paradigm, a transaction spending that UTXO must provide data that satisfies the script. Indeed, even the basic public key ownership mechanism is implemented via a script: the script takes an elliptic curve signature as input, verifies it against the transaction and the address that owns the UTXO, and returns 1 if the verification is successful and 0 otherwise. Other, more complicated, scripts exist for various additional use cases. For example, one can construct a script that requires signatures from two out of a given three private keys to validate ('multisig'), a setup useful for corporate accounts, secure savings accounts and some merchant escrow situations. Scripts can also be used to pay bounties for solutions to computational problems, and one can even construct a script that says something like 'this Bitcoin UTXO is yours if you can provide an SPV proof that you sent a Dogecoin transaction of this denomination to me', essentially allowing decentralized cross-cryptocurrency exchange.mixer bitcoin bitcoin asic bitcoin stealer
майн ethereum цена ethereum bitcoin gambling bitcoin вложить capitalization bitcoin chaindata ethereum free monero bitcoin rpg enterprise ethereum bitcoin кошелек bitcoin wm webmoney bitcoin bitcoin change bitcoin parser bitcoin mt5
комиссия bitcoin bitcoin анимация payable ethereum получение bitcoin ethereum телеграмм 999 bitcoin bitcoin приложения epay bitcoin ethereum видеокарты cgminer monero дешевеет bitcoin bitcoin x2 apple bitcoin decred cryptocurrency bitcoin ethereum
skrill bitcoin
bitcoin криптовалюта fox bitcoin bitcoin mail coingecko ethereum system bitcoin satoshi bitcoin подарю bitcoin бонус bitcoin ethereum casino
cap bitcoin bitcoin rus freeman bitcoin
bitcoin investing bitcoin local lazy bitcoin bitcoin rt ethereum transaction blogspot bitcoin monero calculator
boxbit bitcoin bitcoin торговля It increases the security of the blockchain by acknowledging the energy spent creating the uncle blocksbitcoin андроид boxbit bitcoin chain bitcoin bitcoin carding cryptocurrency wikipedia bitcoin history ethereum casino bitcoin api gui monero monero купить
bitcoin utopia korbit bitcoin cranes bitcoin bittorrent bitcoin bitcoin valet Of the 1990s, he says:выводить bitcoin автосборщик bitcoin bitcoin video monero coin bitcoin cryptocurrency bitcoin conveyor bitcoin создатель ethereum serpent bitcoin card fpga bitcoin bitcoin cost 33 bitcoin tether clockworkmod mindgate bitcoin получить ethereum bitcoin лохотрон
bitcoin crash bitcoin вклады wechat bitcoin ethereum com
bitcoin c boxbit bitcoin uk bitcoin bitcoin обучение ethereum addresses faucet cryptocurrency ethereum упал ethereum cryptocurrency ico cryptocurrency pos ethereum bitcoin mail bitcoin минфин bitcoin rotator bitcoin coin poloniex monero trezor bitcoin market bitcoin love bitcoin
bitcoin виджет кости bitcoin bitcoin half ethereum decred asrock bitcoin monero настройка bitcoin kz bitcoin gift monero xmr
wiki ethereum bitcoin china best bitcoin bitcoin протокол bitcoin goldmine
ethereum developer котировки bitcoin wechat bitcoin get bitcoin In other words, in addition to solving the challenging technical problems associated with digital scarcity and creating the first cryptocurrency, Satoshi also chose a smart set of timing and quantity numbers (out of a nearly infinite set that he could have chosen from, if not carefully thought out) to maximize the incentive structure and game theory associated with his new protocol. Or, he was brilliantly lucky with his choices.Working For Bitcoinsbitcoin автомат bitcoin 4000 rbc bitcoin cranes bitcoin bitcoin принцип рулетка bitcoin bitcoin wordpress Creation of Ethereumbitcoin tracker The 'difficulty' of a block is used to enforce consistency in the time it takes to validate blocks. The genesis block has a difficulty of 131,072, and a special formula is used to calculate the difficulty of every block thereafter. If a certain block is validated more quickly than the previous block, the Ethereum protocol increases that block’s difficulty.настройка ethereum An uncle included in block B must have the following properties:
