What is etherum?
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Bitcoin and Ethereum both are blockchain-based cryptocurrencies, but they are very different from each other.
Bitcoin is a symbol of value storage in digital age.
- Bitcoin is the first cryptocurrency, was developed as a decentralized online payment, but the transaction is very slow.
- Bitcoin uses a Proof of Work (PoW) to make sure the transactions are real.
- The scripting language used by Bitcoin is restricted to basic transaction types.
Ethereum is developed and run without any kind of control, fraud.
- Ethereum is a decentralized blockchain platform which creates a peer-to-peer network so that decentralized apps and smart contracts may be developed.
- Ethereum switched to Proof of Sake (PoS), to increase the stability, safety and energy efficiency.
- It is a programmable blockchain, which allows the programmers to design complex smart contracts.
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