Before Investing in Crypto Assets, Know the Differences Between Bitcoin and Ethereum
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Loading... - Haoyu Xiao
- 03 Aug 2022
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Crypto assets have now become one of the investment instruments that investors are interested in, especially among young people.
When it comes to crypto assets, Bitcoin and Ethereum are the two most popular digital assets today. Both are developed through a blockchain network .
Please note, both Bitcoin and Ethereum are traded on crypto exchanges and can be stored on digital wallet platforms.
Despite their similarities, there are a number of significant differences between Bitcoin and Ethereum . This should be known by potential investors who want to invest in digital assets. The difference between the two can be seen in the following review.
1. Functional difference
Bitcoin and Ethereum are different in terms of functionality. In general, Bitcoin has a function as "digital money". Because it has a fairly high value in the market, Bitcoin can be used as a medium of exchange and investment instrument.
However, Bitcoin is not owned by any company. These crypto assets are also not tied to any particular financial or banking institution.
When it was launched in 2009, its creator, Satoshi Nakamoto, wanted to make Bitcoin a tool that could be used to transact easily in the digital world. Bitcoin can be an alternative currency other than the currency that has been prevailing in the world. Read More...
