Bitcoin vs Ethereum

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4 years ago

Bitcoin Basics

Bitcoin was launched in January of 2009. It introduced a novel idea set out in a

white paper by the mysterious Satoshi Nakamoto—bitcoin offers the promise of an online currency that is secured without any central authority, unlike government-issued currencies

Ethereum Basics

Blockchain technology is being used to create applications that go beyond just enabling a digital currency. Launched in July of 2015, Ethereum is the largest and most well-established, open-ended decentralized software platform.

Although Bitcoin is better at storing value than Ethereum, at least for now, Ether has quickly become a preferred method for transferring wealth to and from people and entities. In the middle of 2017, it overtook Bitcoin in the number of daily transactions, and that shows no sign of stopping, with more than triple the number of transactions taking place with Ether every day

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