Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] LOCI Thinking Better. Together.
by
lingkip
on 08/10/2017, 11:08:59 UTC
Since we have been discussing Blockchain. I thought I would add a few more the differences between Bitcoin and Ethereum.

Ethereum is faster, the average block time for bitcoin is of around 10 minutes, Ethereum confirms in around 12 seconds, thanks to GHOST protocol.

Two-thirds of all bitcoin have already been mined. Ethereum only half of the coins have been mined.

 Ethereum raised the capital for its launch in its ICO.

When Ethereum has switched from proof-of-work to proof-of-stake miners and the need for computers to solve mathematical problems will be eliminated saving a ton of electricity.

Ethereum transaction will cost less than Bitcoin. With Bitcoin a certain sum of money must be paid to the miners for cracking a block. With Ethereum validators will earn transaction fees for each transaction and smart contract that they validate and upload to the blockchain.

Ethereum will power decentralized applications

Basically, Ethereum blockchain is superior, far superior to that of Bitcoin