Post
Topic
Board Altcoin Discussion
Re: What is the basic difference bitcoin and ethereum?
by
Teknisi88
on 21/07/2021, 17:50:02 UTC
Many people frequently ask is bitcoin better or is ethereum better.
Both were created with two different missions.
Bitcoin blockchain created a public and peer-to-peer online payment system: Peer to Peer Electronic Cash.
Ethereum blockchain create distributed computing system: Decentralized Computation. Ethereum allows developers to build and deploy decentralized applications (DApps). Decentralized applications are run from source code running on the blockchain network so these applications are not controlled by any individual or organization.

While still volatile, Bitcoin is arguably one of the most stable cryptocurrencies with a long history, and has been the most consistent investment asset to date.
And Ethereum has been updated to create new ETH through a process called Proof of stake (PoS). With it, users can force collateral in the form of ETH to be a validator on the network. if there is more ETH then the value will be higher because there is only a little ETH in circulation.