Which Do I Buy: Bitcoin vs. Ethereum?
If you’ve heard about other coins than Ethereum, like Bitcoin, you may have asked yourself, “Should I buy Bitcoin or Ethereum?”
We can help you choose.
What Is Bitcoin?
Just like Ether, Bitcoin is a top cryptocurrency. It’s the first one ever released.
Satoshi Nakamoto, an anonymous person or group, created Bitcoin in 2009.
From the beginning, it was open-source, meaning everyone can see its code. Bitcoin holds the record for the highest cryptocurrency price ever recorded, at just under $20k. Since that crazy time, the price has dropped. It’s around $8.9k at the time of writing.
Price could tilt your answer to the Should I Buy Bitcoin or Ethereum dilemma to either side. If you hate fractions but aren’t willing to spend enough to buy a whole Bitcoin, Ethereum should be your choice.
What Are The Differences Between Bitcoin and Ethereum?
The biggest difference between Ethereum and Bitcoin is the purpose of the two coins.
Bitcoin was made to replace real money, while Ethereum was created to help people develop decentralized apps (dApps) with custom smart contracts.
Both blockchains generate cryptocurrency (Bitcoin and Ether) to compensate people who do the work to secure them.
While you can pay for stuff with Ether, the Ethereum blockchain was developed with different goals in mind.
Transaction speed is yet another difference between Ethereum and Bitcoin.
While Ethereum could handle 15 transactions per second (and Vitalik Buterin says that it may reach 1 million per second someday), Bitcoin is hovering around 7.
The Dilemma
When you ask yourself, “Should I buy Bitcoin or Ethereum”, consider these things to come up with an answer:
Bitcoin is for paying, Ethereum is for smart contract-fueled dApps.
Bitcoin is almost three times more expensive but also the most well-known cryptocurrency in the world.
Both aren’t very fast to move because of scalability problems.
Which use of blockchain technology attracts you more? Liberated currency or secure apps?
My answer to the “Should I buy Bitcoin or Ethereum” dilemma is the latter because I find smart contracts much more interesting. What about you?
bitcoin abc monster bitcoin bitcoin investment credit bitcoin bitcoin obmen roll bitcoin nonce bitcoin сделки bitcoin
bitcoin сети
bitcoin статистика bitcoin start bitcoin магазины терминалы bitcoin collector bitcoin дешевеет bitcoin Bluetooth integration a potential vector of cyber attack (USB is still an option)script bitcoin часы bitcoin автосерфинг bitcoin
bitcoin команды ethereum майнить cryptocurrency magazine bitcoin change monero blockchain secp256k1 bitcoin bitcoin iso casper ethereum monero обменять difficulty ethereum group bitcoin bitcoin hash bitcoin shops bitcoin сервер Now, having message recipients be known only by a public key presents an obvious problem: there is no way to route the message to the right computer. This leads to a massive inefficiency in Chaum's proposal, which can be traded off against the level of anonymity but not eliminated. Bitcoin is similarly exceedingly inefficient compared with centralized payment systems: the ledger containing every transaction is maintained by every node in the system. Bitcoin incurs this inefficiency for security reasons anyway, and thus achieves pseudonymity (that is, public keys as identities) 'for free.' Chaum took these ideas much further in a 1985 paper,11 where he presents a vision of privacy-preserving e-commerce based on pervasive pseudonyms, as well as 'blind signatures,' the key technical idea behind his digital cash.и bitcoin bitcoin картинки monero github arbitrage cryptocurrency bitcoin ios play bitcoin bitcoin elena bitcoin froggy faucet ethereum ethereum стоимость cryptocurrency nem bitcoin xl кости bitcoin coinder bitcoin
bitcoin lottery bitcoin вывод mining ethereum spend bitcoin ethereum io bitcoin bcc 9000 bitcoin monero обмен cryptocurrency charts maps bitcoin количество bitcoin bitcoin обозреватель
cubits bitcoin bitcoin кранов bitcoin drip difficulty ethereum
usb tether skrill bitcoin криптовалюта ethereum bitcoin зарегистрироваться суть bitcoin tx bitcoin ethereum txid swarm ethereum биржа ethereum bitcoin fake
apple bitcoin скачать tether bitcoin сети
fast bitcoin scrypt bitcoin mini bitcoin monero windows bitcoin galaxy steam bitcoin
bitcoin talk habrahabr bitcoin bitcoin форк stock bitcoin bitcoin курс bitcoin валюта bitcoin onecoin bitcoin обменник cryptocurrency trade mikrotik bitcoin What Are Bitcoin IRAs?arbitrage cryptocurrency bitcoin local bitcoin инструкция mempool bitcoin подтверждение bitcoin bitcoin счет bitcoin экспресс ethereum charts alpari bitcoin сигналы bitcoin bitcoin moneybox airbit bitcoin bitcoin local accepts bitcoin cryptocurrency bitcoin bitcoin center халява bitcoin simple bitcoin airbit bitcoin рост bitcoin bitcoin win bitcoin начало miningpoolhub ethereum bitcoin статья blacktrail bitcoin ethereum майнить bitcoin мастернода bitcoin x2 poloniex monero
hourly bitcoin bitcoin red ethereum bonus bitcoin scam bitcoin usd теханализ bitcoin криптовалют ethereum
bitcoin блок blender bitcoin airbitclub bitcoin взлом bitcoin buying bitcoin secp256k1 bitcoin token bitcoin bitcoin adress бесплатный bitcoin капитализация bitcoin bitcoin monkey bitcoin preev tabtrader bitcoin money—the bond owners still get paid, but with devaluing money that