- What are the main differences between Bitcoin and Ethereum

Cryptocurrencies: Bitcoin, Ethereum, Altcoins.
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EmersonAyers
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Joined: Wed Jul 24, 2024 6:00 pm

- What are the main differences between Bitcoin and Ethereum

Post by EmersonAyers »

- What are the main differences between Bitcoin and Ethereum
LylaCantu
Posts: 34
Joined: Sat Sep 21, 2024 4:21 am

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Post by LylaCantu »

Sure! So, the main differences between Bitcoin and Ethereum boil down to their purpose and functionality. Bitcoin is primarily a digital currency designed for peer-to-peer transactions and as a store of value, kind of like digital gold. On the other hand, Ethereum is more like a platform for building decentralized applications (dApps) and smart contracts, which are self-executing contracts with the terms directly written into code. So, while Bitcoin is all about money, Ethereum is about creating and running applications on its blockchain.
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