Title: Difference between Bitcoinchain and Ethereum
1 difference between Bitcoin Ethereum
2Bitcoin Ethereum
- Satoshi Nakamoto, an anonymous developer or
group of developers, introduced Bitcoin to the
public in 2009. Bitcoin is a decentralized
digital currency that can be transferred through
the bitcoin peer-to-peer network. A public ledger
records the transaction and copies are held on
worldwide servers. -
- Vitalik Buterin, a programmer, created
Ethereum in 2013. It is a decentralized,
open-source blockchain that supports smart
contracts. Ethereum is a decentralized blockchain
platform that creates a peer-to-peer network for
securely executing and verifying application code
known as smart contracts. Smart contracts enable
participants to transact with one another without
the need for a trusted central authority.
3 Difference between Bitcoin and Ethereum
Bitcoin Ethereum
Created with the goal of solely permitting bitcoin trade. Created with the additional goal of running decentralised applications on the platform.
Consensus reached by POW techniques takes longer to compute. Consensus reached via POS methods takes less time to compute.
It is the first cryptocurrency to be created and to allow numerous users to swap bitcoins. It is a blockchain platform that facilitates Ethereum trading, not a coin.
4Is Ethereum have smart contracts?
- Ethereum is a decentralised blockchain plateform
that creates a peer-to-peer network for securely
executing and verifying smart contract code.
Participants can transact with one another
without the need for a trusted central authority.
Participants have full ownership and visibility
of transaction data since transaction records are
immutable, verifiable, and securely distributed
across the network. - Ethereum accounts come in the form of smart
contracts. This indicates that they have a
balance and are able to send transactions across
the network. They are not, however, controlled by
a user instead, they are deployed to the network
and run according to a set of instructions.
5Ethereum Smart Contract Scenario
6(No Transcript)
7Does Ethereum use blockchain?
- Ethereum (ETH) is a blockchain-based platform
that is best known for its cryptocurrency.
Ethereum's blockchain technology allows for the
public creation and maintenance of secure digital
ledgers. - Ethereum uses the smart contract block chain.
8We Provide Other Services
- Blockchain accounting software
- AI development services
- NFT consulting
- Cybersecurity service provider
- Blockchain consulting services
9Feel Free To Contact Us
NORTHERN CALIFORNIA 7677 Oakport Street, Suite
460, Oakland, CA 94612 Phone 510-768-7101
NEW MEXICO 6565 Americas Parkway NE, Suite 800,
Albq, NM 87110 Phone 505-814-0011
SOUTHERN CALIFORNIA 16870 W. Bernardo Drive,
Suite 250, San Diego, CA 92127 Phone
858-848-1784
MAIL US info_at_saratechnologies.com
Feel free to contact us round-the-clock for smart
contract development services
10(No Transcript)