Bitcoin and Ethereum, the two major cryptocurrencies, are regularly compared. From their names to their trading prices, the ideas are completely different.
There are commonalities, however. If you're new to trading cryptocurrencies, you've probably added each version to your 'purchase' list.
The two systems are compared below.
We'll refer to the systems by name and the currencies by their ticker symbols, BTC for bitcoin and ETH for Ether. Table 1 offers general pair information.
Bitcoin was developed to allow decentralised money (as opposed to existing financial systems that depend on intermediaries), whereas Ethereum was built to enable applications and contracts
A blockchain is just a computer programme. Blockchain is cryptocurrencies' underlying technology, and its algorithm solves the 'double spend' issue.
After spending a £5 note, you can't use it again. BTC is computer code that could be replicated endlessly. You can become wealthy by duplicating and spending your BTC.