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Bitcoins / Breaking News / Ethereum

The Difference Between Ethereum And Bitcoin

Bitcoin and Ethereum are among two of the most popular cryptocurrencies, but what are the main differences between the two, and which one should you invest in?

Their age is one of the biggest differences. Bitcoin was the original cryptocurrency that hit the markets in 2009, yet Ethereum showed up six years later in 2015 as a potential alternative.


Let’s take a look at their storing value. Between the two, the clear winner has to be Bitcoin. It is the most valuable coin in the world, and has definitely proven itself. This is likely to be down to the fact that it is far more recognisable than its peers, which makes it easier to buy, store and sell.


Ether has to take this one. In 2017, it overtook Bitcoin in the number of daily transactions, and this really doesn’t show any signs of slowing down, or even stopping.

This is down to the fact that Ethereum can be used as a platform for other cryptocurrencies and it tends to be confirmed quicker by the blockchain thanks to the fact that it has been built much more efficiently than blockchain.

The fees are also much lower, which makes it a more appealing virtual currency for transactions.


The uses of the two currencies are actually very different. Most notably the technology differs completely. If we are being technical, Ethereum is not actually a cryptocurrency, rather a blockchain technology that allows people to transfer Ether, but can also be used to create other cryptocurrencies.

Bitcoin supports simple scripting, whilst Ethereum can handle much more complexity, because of its smart contract system.


The quick answer is no. Bitcoin and Ethereum both have their advantages, and deciding on which would be best for you would depend on your financial situation and what you actually want to get out of your investment.

Bitcoin is perfect is you are looking for a proven cryptocurrency with the most developer support, but if you are looking for one that allows you to make regular transactions, Ethereum is much more suited to your needs.

Before you invest your money in either, it is important that you do your research first, so you can make sensible and informed choices.

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Frances is the head writer for Crypto Daily, and she is responsible for bringing you the latest news on everything that is related to the Crypto world. She has a keen interest in Cryptocurrencies, and has many years of experience writing in all different roles. She is incredibly passionate about writing, and this combined with her interest into the finance, and virtual currency sector means that you are kept up to date with all of the latest news and information regarding all cryptocurrencies.


  1. Everything author is writing is nonsense.

    Store of value means being secure – bitcoin is a decentralized cryptocurrency, Ethereum is a well known centralized unsecure mostly premined blockchain with constant failures.

    Transnational medium – paypal has great ability to transact because without security it’s easy. Bitcoin has limited capacity for security reasons. Ethereum has a history of ignoring security and allows more tx through taking additional security hits. Fees are insignificant for high value tx for both, and only appear different for low value tx but also means cheaper to attack.

    Empowering others – Ethereum has no innovations. Bitcoin had tokens built on it before ethereum even existed and invented implemented smart contracts. Ethereum can’t do anything Bitcoin can since it’s centralized, but Bitcoin can do everything ethereum can. Regardless, could be better.

    Low value transactions that don’t need security of Bitcoin network can be ran on countless other cryptocurrencies including 1000x faster ones than Eth.


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