The most important differences between Bitcoin and ether - Crypto World - CryptoTalk.Org Jump to content
Crypto123

The most important differences between Bitcoin and ether

Recommended Posts

Ethereum developers have consistently tried to emerge uniquely in the cryptocurrency market. They plan to become number one in cryptocurrencies, making an atmosphere of fair competition between the two currencies, and making this a difference between the two currencies, including:

Difference in ability and goal.
Bitcoin provides one application of blockchain technology, through which Bitcoin is paid online, unlike Ethereum whose technology focuses on running programming code from any decentralized application.
Bitcoin is a limited mark in the sense that after the extraction of 21 million bitcoin in 2140 no new currency will be extracted from Bitcoin, unlike the ether that has no one, the supply is affected by the makers of the currency itself.
Ethereum is faster than Bitcoin.In Bitcoin you need about 10 minutes to complete the transaction, but in the case of Ethereum it will not take more than about 15 seconds.
Bitcoin appeared for one purpose: digital currency, while ether grew up to function as a currency for the etherium platform.

Share this post


Link to post
Share on other sites
2 minutes ago, Yawar said:


Well the BTC is a whole network to process one coin, you spend some of that coin to in fees to move it on the network.

ETH is a whole network to process any number of coins, apps, contracts . It happens to have its own coin ether that acts as the gas to move these things along. You spend ether to move coins, process apps, or complete contracts.

Yes, technically, I see Ethereum much better than Bitcoin because Ethereum is a continuously scalable system unlike Bitcoin which cannot be developed and is used only as a payment method.

Share this post


Link to post
Share on other sites
3 minutes ago, Crypto123 said:

Yes, technically, I see Ethereum much better than Bitcoin because Ethereum is a continuously scalable system unlike Bitcoin which cannot be developed and is used only as a payment method.

This is true, etherium is too one of the important coins in the market, but if etherium is best than bitcoin then why bitcoin is more expensive than etherium?? Not for now but in all years and every time before?? 

Share this post


Link to post
Share on other sites
3 minutes ago, Migo said:

This is true, etherium is too one of the important coins in the market, but if etherium is best than bitcoin then why bitcoin is more expensive than etherium?? Not for now but in all years and every time before?? 

As we said technically, Ethereum is better than Bitcoin and it is scalable and yet it ranks second in price after Bitcoin. Bitcoin is always in the first place. The reason, in my opinion, that Bitcoin is the first currency and the most popular and trusted by all people as it is considered the mother from which all other currencies were born and therefore Bitcoin will remain the first beloved people no matter how much better currencies emerge.

Share this post


Link to post
Share on other sites
12 minutes ago, Migo said:

This is true, etherium is too one of the important coins in the market, but if etherium is best than bitcoin then why bitcoin is more expensive than etherium?? Not for now but in all years and every time before?? 

Well the bitcoin is the first cryptocurrency that released on 2009, when this bitcoin meets the successful, there are coins that are released too such as ethereum, ripple etc. and this is called altcoins, the price of altcoins is depends only on the price of bitcoin but nit totally all altcoins are based on the price of bitcoin like ripple because this is have an own price.

Share this post


Link to post
Share on other sites

Bitcoin remains the number 1 currency and the strongest currency
Despite the attempt of competitors in various ways to outdo them, but to no avail


 

Life is great and enjoy it

Share this post


Link to post
Share on other sites

Thank you for talking about this very important topic and thank you so much for knowing this post and I have benefited a lot from it. I also think technically Bitcoin is a very advanced currency and  Ethereum is a very advanced currency for  transaction. I think that as a result of continuous development, more and more people are getting more and more human As a means of their main transaction

Share this post


Link to post
Share on other sites
6 hours ago, laska smrtici said:

I think ethereum is a strong currency, but it cannot compete with Bitcoin because it is much stronger and there is no room for competition between them

I agree, no need to have competition between both of them. Bitcoin is number one because it is known by so many people unlike ethereum. Both of them are good coins. No comparison needed.

Share this post


Link to post
Share on other sites

Well, the most important is their price and course. Different uses at different sites, shopping and more. Also, each cryptocurrency has its own Creator

Share this post


Link to post
Share on other sites
10 hours ago, Yawar said:


Well the BTC is a whole network to process one coin, you spend some of that coin to in fees to move it on the network.

ETH is a whole network to process any number of coins, apps, contracts . It happens to have its own coin ether that acts as the gas to move these things along. You spend ether to move coins, process apps, or complete contracts.

It's true Bitcoin fees is higher than other coins, Higher value higher fees i think. I'll try the mobile application who can get ETH. You can get lower value of ETH in mobile application so low waste of time and effort. But you can earn through referrals. Sometimes in mobile game application you can get Eth also there's a lot of ways to get free ETH.

Share this post


Link to post
Share on other sites
1 hour ago, Warrior said:

For the fees and delay transmission I really like Etherium than Bitcoin now. I usually use Etherium Everytime for any kind of transportation of money now

Yes, this is a good observation of the difference between Bitcoin and Ethereum In practice, Ethereum is less expensive and faster to convert than Bitcoin That's right, Bitcoin can be used for etherium storage for daily conversion.

 

Edited by Crypto123
correction

Share this post


Link to post
Share on other sites

to me the difference is ethereum know bitcoin is the best and they try to catch up but they cant do as good as bitcoin and the bad image that came to eth from the ico scams made it look even worse compared to bitcoin.

Share this post


Link to post
Share on other sites

Obviously right. I agree with you.most of the people wants how to more earn btc. btc more popular in this time. so the most difference  btc and  Ether. 

Share this post


Link to post
Share on other sites

I see some post that digital currency and cryptocurrency has difference so I don't think bitcoin is considered a digital currency. By the way, thanks for such sharing information. I believe that eth will become successful and have a large amount in the future.

Share this post


Link to post
Share on other sites
3 minutes ago, duncun007 said:

to me the difference is ethereum know bitcoin is the best and they try to catch up but they cant do as good as bitcoin and the bad image that came to eth from the ico scams made it look even worse compared to bitcoin.

Yes, this is a good point that you mentioned, the ease of making it depends on the Ethereum network is an advantage but at the same time it has become a big defect in this network because of the large number of SCAM projects that exploit this wonderful feature where they are easily making a token with small capital and selling it with big profit without being There will be a real project.

Share this post


Link to post
Share on other sites

Here is a nice difference. .bitcoin the the father of all crypto and the one who paved the way for lots of coins to be built and made people wealthy

Etheruem.is the father of all scam coins and the reason why so many people are broke now and left crypto.

Share this post


Link to post
Share on other sites
10 hours ago, Crypto123 said:

Yes, this is a good point that you mentioned, the ease of making it depends on the Ethereum network is an advantage but at the same time it has become a big defect in this network because of the large number of SCAM projects that exploit this wonderful feature where they are easily making a token with small capital and selling it with big profit without being There will be a real project.

yea it was a mistake but im glad they were corrected by the ethereum team because they started telling people not all projects on the etheruem network are good projects and that might have saved few people from being scammed.

Share this post


Link to post
Share on other sites
On 11/29/2019 at 8:37 PM, Crypto123 said:

Ethereum developers have consistently tried to emerge uniquely in the cryptocurrency market. They plan to become number one in cryptocurrencies, making an atmosphere of fair competition between the two currencies, and making this a difference between the two currencies, including:

Difference in ability and goal.
Bitcoin provides one application of blockchain technology, through which Bitcoin is paid online, unlike Ethereum whose technology focuses on running programming code from any decentralized application.
Bitcoin is a limited mark in the sense that after the extraction of 21 million bitcoin in 2140 no new currency will be extracted from Bitcoin, unlike the ether that has no one, the supply is affected by the makers of the currency itself.
Ethereum is faster than Bitcoin.In Bitcoin you need about 10 minutes to complete the transaction, but in the case of Ethereum it will not take more than about 15 seconds.
Bitcoin appeared for one purpose: digital currency, while ether grew up to function as a currency for the etherium platform.

That only means since Ethereum is the second cryptocurrency in the crypto ranking, it will one day replace Bitcoin, soon after 2041.

Share this post


Link to post
Share on other sites

They are completely two different currency. But they share the same blockchain technology to transactions but their blocks is different. Their nodes are different. They are very different. Price is different. The transaction process is only the same. Ether has a very much value in future. 

Share this post


Link to post
Share on other sites

The most real difference between Bitcoin and Ethereum is that Ethereum has “smart contracts” that distribute the chains in the Ethereum network. 

Share this post


Link to post
Share on other sites

They're both great coins, though. 

 

But yeah, they're different kind of like how gold and bitcoin are different.  Eth has the whole smart contract platform thing going for it, which bitcoin can't do.  Unfortunately it hasn't been used to any great effect thus far and there's only been a bunch of scam tokens created on the Eth blockchain.  I'm hoping at some point in the future it gets used for good things.

Share this post


Link to post
Share on other sites

Also mining concepts difference may occur in the future because Ethereum may moved to another type of consensus mechanism called POS or proof-of-stake while the Bitcoin stays in POW style.

Share this post


Link to post
Share on other sites
On 12/27/2019 at 5:04 AM, Pearls Before Swine said:

They're both great coins, though. 

 

But yeah, they're different kind of like how gold and bitcoin are different.  Eth has the whole smart contract platform thing going for it, which bitcoin can't do.  Unfortunately it hasn't been used to any great effect thus far and there's only been a bunch of scam tokens created on the Eth blockchain.  I'm hoping at some point in the future it gets used for good things.

Yes, this is true despite the great advantage that Ethereum possesses, which is the smart contract system. However, these fraudulent projects negatively and badly affected the currency of Ethereum and made its price drop in such a big way.

Share this post


Link to post
Share on other sites
On 11/30/2019 at 12:38 PM, Hanhassie said:

Eth is been managed amd Bitcoin has no one to manage it, it still operate on its own which makes it different from all other currencies

If there is eth that manages it, I am sure in the future it will be better and increasingly popular because there are those who manage it to be better than bitcoin that runs alone without anyone managing it who still operates alone.

Share this post


Link to post
Share on other sites
9 minutes ago, Hanhassie said:

Yes bitcoin has no management and eth has management but still they are not to be compare as competitors 

Actually both of them are very to be used even though between the two have something a little different but both are very appropriate to have because bitcoin and eth have the same good price.

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Мы рады представить нашего нового партнера! С огромным удовольствием сообщаем о сотрудничестве с pro-obmen, платформой мониторинга обменников. Мы уверены, что партнерство с pro-obmen станет выгодным для всех наших клиентов. Оставайтесь с нами, впереди еще много интересного!
    • Мы делаем финансовые операции максимально комфортными для вас! Услуги которые мы предоставляем: Обмен криптовалюты на наличные и наоборот. Денежные переводы по всему миру. Продажа Юаней. Выгодные условия обмена. Переводы SEPA, SWIFT, SWIFT. Пополнение ФОП Оплата Автомобильных Аукционов в США Вывод WISE | REVOLUT | PAYPAL Расчеты с Китаем Перестановки Готовые решения под ваше ТЗ.
    • We make financial transactions as comfortable as possible for you! Services we provide: Cryptocurrency exchange for cash and vice versa. Money transfers around the world. Sale of Yuan. Favorable exchange conditions. SEPA and SWIFT transfers. Replenishment of individual entrepreneurs Payment for car auctions in the USA Withdrawal of WISE | REVOLUT | PAYPAL Payments with China Permutations Ready-made solutions for your application.  
    • Приветствую всех!   Если Вам нужно продвижение Вашего обменника и подготовка обменника для размещения на мониторингах обменников, Пишите в телеграмм @promofor_frsta
    • Топ 10 по выводу с бирж за сутки           Выводы стейблов затихают, но покупки все еще слабые, рынок в затишье перед импульсом, будьте предельно осторожны при открытии сделок Список из токенов, которые пользователи за последние 24 часа больше всех вывели с бирж по данным candlestick .
    • Эмитент USDT компания Tether объявила о планах блокировать адреса, которые используют стейблкоин для обхода американских санкций, ограничивающих экспорт венесуэльской нефти.   После введения санкций в отношении нефтяной отрасли Венесуэлы государственная компания PDVSA начала использовать USDT для расчётов с экспортёрами. По данным агентства Reuters, первоначально для обхода ограничений PDVSA проводила транзакции в криптовалюте Petro, которую власти страны запустили в 2018 году. Однако затем нефтяной гигант перешёл на операции в стейблкоинах, что противоречит требованиям властей США.   “В Tether с уважением относятся к списку OFAC (Управления по контролю за иностранными активами Минфина США) и готовы оперативно принять меры по замораживанию подсанкционных адресов, — заявили представители компании.”   Стремление Tether сотрудничать с властями США активизировалось на фоне усиления контроля за криптоиндустрией. В декабре OFAC наложила штрафы на криптобиржу CoinList в размере $1,2 млн за содействие российским пользователям в обходе санкций.
    • Хотя после запуска протокола RUNES количество транзакций резко возросло, а комиссии достигли рекордов, майнеры все еще могут бороться с более низкими комиссиями и стабильным хешрейтом после сокращения вдвое, говорят аналитики. Согласно недавнему анализу CryptoQuant , несмотря на недавний халвинг, в результате которого вознаграждение за блок упало с 6,25 BTC до 3,125 BTC, майнеры биткойнов по-прежнему получают повышенный ежедневный доход благодаря резкому увеличению комиссий за транзакции.   Хешрейт сети Биткойн | Источник: КриптоКвант Аналитики подчеркнули, что комиссии за транзакции в сети Биткойна выросли до рекордно высокого уровня по отношению к общему доходу майнеров прямо в день халвинга, предполагая, что майнеры «похоже, выполняют операции с той же скоростью, что и до сокращения нарады». CryptoQuant отметили, что, несмотря на обновление сети, общий хешрейт «остался неизменным или немного выше на уровне 617 EH/s».   Аналитики объяснили рост комиссий запуском протокола RUNES , стандарта взаимозаменяемых токенов в сети Биткойна, который позволяет выпускать и передавать взаимозаменяемые токены путем хранения данных в кодах OP RETURN. Событие четвертого халвинга Биткойна, произошедшее 20 апреля, вызвало значительный интерес, особенно в сравнении с золотом с точки зрения дефицита. Аналитики Glassnode отмечают , что последнее сокращение вдвое ознаменовало исторический момент, когда темпы выпуска BTC впервые упали ниже ставок по золоту, что сигнализирует о значительном изменении в пользе этих двух активов. Следующее сокращение биткойнов вдвое ожидается примерно в апреле 2028 года.
    • Изменившая стратегию компания Tesla сохранила свои биткоин-резервы   Несмотря на падение выручки почти на 15% в первом квартале 2024 года, Tesla (NASDAQ:TSLA) не стала распродавать свои биткоин-резервы. Согласно финансовому отчёту, автопроизводитель владеет 9 720 ВТС на сумму примерно $648 млн.   Баланс биткоинов остаётся неизменным со второго квартала 2022 года. Однако ранее компания Илона Маска была известна непостоянством в отношении криптовалюты. В начале 2022 года Tesla распродала 75% своих биткоин-активов (около 30 000 BTC). Этот шаг совпал с периодом рыночной волатильности ведущей монеты.   С тех пор отношение руководства автопроизводителя к биткоину изменилось. Теперь компания делает ставку на будущее криптовалюты, возможно, придерживаясь стратегии ходлинга, удержание цифрового актива на длительное время. Такой подход применяет компания Майкла Сэйлора MicroStrategy, сохраняя и накапливая монету.   Сейчас Tesla — третья по величине публично торгуемая компания, владеющая криптовалютой. Первые два места занимает MicroStrategy и Marathon Digital Holdings.   Интересно, что ранее эксперты Arkham обнаружили 68 биткоин-кошельков Tesla и SpaceX, на которых хранятся 11 509 BTC на $768 млн. Это значительно больше, чем указано в отчёте компании Илона Маска.
    • Бот неплох, но не на слишком волатильных монетах. И когда цена резко падает, долго ждать придется, чтобы восстановиться.
    • Актуальные курсы на 25.04   🇵🇱 ВАРШАВА 🇵🇱   Покупаем Ваш Tether (USDT).   💸Доплатим Вам 0,7 % за $. / 1.1 % за €. 🏦Выдадим наличный $, €, PLN. 🏢Центр, свой офис, личная встреча, без предоплат. ♻️Денежные переводы по всему миру! 🌍 💰Работаем с любыми объёмами.     За деталями - пишите Менеджеру 🧑‍💻👉  @PLsmartgroupp
×
×
  • Create New...