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What is the difference between Bitcoin blockchain and Ethereum blockchain?

What is the difference between Bitcoin blockchain and Ethereum blockchain?


Asked On2022-02-14 04:44:52 by:sarthak

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TopicsBitcoinEthereum
ConceptDigital CurrencySmart Contracts
FounderSatoshi NakamotoVitalik Buterin
Release MethodGenesis Block MinedPresale
Cryptocurrency UsedBitcoin(Satoshi)Ether
AlgorithmSHA-256Ethash
Blocks Time10 Minutes12-14 Seconds
ScalableNot yetYes

Answerd on:2022-02-14 Answerd By:sarthak

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Ether (ETH), the cryptocurrency of the Ethereum network, is the second most popular digital token after bitcoin (BTC). As the second-largest cryptocurrency by market capitalization (market cap), comparisons between Ether and bitcoin are only natural.1

Ether and bitcoin are similar in many ways: Each is a digital currency traded via online exchanges and stored in various types of cryptocurrency wallets. Both of these tokens are decentralized, meaning that they are not issued or regulated by a central bank or other authority. Both make use of the distributed ledger technology known as blockchain.

Answerd on:2022-06-13 Answerd By:Glory

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