The funny thing is there's a competition going on between Ethereum and Bitcoin, but most of the time people consider ETH and BTC the coke and the pepsi of crypto. Yes, they are No. 1 and No. 2 in terms of total market cap and public notoriety. But when you dive into the details, you’ll find that these 2 concepts actually serve completely different purposes. It might actually be more accurate to make a Coke versus apple juice comparison when talking about these 2 seminal platforms.

But let's make it clear to some,

* Bitcoin is a cryptocurrency; Ethereum is a platform.
* Transactions are much faster on the Ethereum network than on Bitcoin’s.
* Ethereum was created as a complement to Bitcoin but ended up as competition.

It is essential to understand that Bitcoin and Ethereum are fundamentally different ideas. Bitcoin is a store of value. Ethereum is a decentralized platform to program other decentralized ideas.