What is the difference between Bitcoin and Ethereum (Bitcoin Ethereum difference)

What is the difference between Bitcoin and Ethereum (Bitcoin Ethereum difference)

What is the difference between Bitcoin and Ethereum? According to CoinMarketCap data, what is the difference between Bitcoin and Ethereum? The consensus mechanism of Bitcoin is hierarchical rather than individual; Ethereum uses PoW (Proof of work), that is, the blocks dug by miners are verified and confirmed by other nodes in the network. This means that no one can access transaction data externally for operation, but users can choose to run their smart contracts on the main network instead of maintaining their own private keys

Differences between Bitcoin and Ethereum

Bitcoin and Ethereum are two independent currencies. At different times, there are significant differences between the two. Bitcoin is the only digital asset, but Ethereum is two opposite technologies

The difference is that the biggest difference between Bitcoin and other Cryptocurrency is its circulation, transaction speed and the related consensus mechanism; The main advantage of Ethereum is that it can support a wider market use. Both Bitcoin and Ethereum have their own network effects. Therefore, the value of both depends on their respective functions (decentralization), which enables communication and exchange between these two technologies.

This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/59698.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.