Short Version: Here’s How to Tell the Difference Between Bitcoin and Ethereum

Read Matthew Leising explain the difference between the two cryptocurrency behemoths, Bitcoin and Ethereum on Bloomberg Quint :

Yes, Dogecoin, the cryptocurrency that started as a joke and is now worth $90 billion, merits attention. But for those just beginning to take the field seriously, the two big names in the $2.2 trillion cryptocurrency market remain Bitcoin and Ether, the coin that fuels the Ethereum network. Bitcoin, the pioneer, has been on a tear, its value up about 500% in the past year.

Bitcoin was the first digital currency to successfully create a way to transfer value between two people anywhere in the world.

Ethereum is also a store of value and a currency but more than that it is a way of programming smart contracts. If Bitcoin is the new gold, ethereum is the new oil.

 

Read his full article here.

For more see : Bitcoin and Ethereum.

What do you think?

Palantir hires former IBM Watson Health exec as its first US government chief medical officer

Chainlink 2.0 brings off-chain compute to blockchain oracles, promotes adoption of hybrid smart contracts