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Bitcoin VS Ethereum-WazirX

If you are a beginner in the crypto world and you have no idea about Bitcoin and Ethereum. Check this presentation that is all about the difference between bitcoin and ethereum. Learn more at https://wazirx.com/

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Bitcoin VS Ethereum-WazirX

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  1. Bitcoin VS Ethereum

  2. How are Bitcoin and Ethereum different? • Bitcoin and Ethereum are the largest cryptocurrencies in the world right now. Both Bitcoin and Ethereum hold the lion’s share of cryptocurrencies market value, holding the first and second position respectively. Although the purpose is completely different. • Bitcoin was the first-ever cryptocurrency that was designed as a medium for transferring wealth. • On the other hand, Ethereum was designed as a network for the construction of decentralized computer applications (dapps). • Although they offer different functions, it is the use of blockchain that forms the strongest connection between these two cryptocurrency protocols.

  3. Use of Blockchain technology • Both Bitcoin and Ethereum use blockchain technology. The decentralization of the blockchain is what makes it 100% more reliable and tamper-proof. • However, being able to program several functions into the blockchain, such as sending $5 a year for 100 years, is the smart contract in action. That is what Ethereum added. • Although Bitcoin also offers simple programmable actions similar to smart contracts, Ethereum was designed specifically to allow an extremely flexible range of smart contracts. • This promoted the use of the Ethereumblockchain as a platform to promote decentralized applications.

  4. What are the similarities between Bitcoin and Ethereum? • There are a plethora of similarities between the two cryptocurrencies other than just programming: • Both cryptocurrencies are valuable. They both secure the first two positions and also are the world’s most valuable cryptocurrency. • Both the coins are heavily popular among the users. Even with hundreds of cryptocurrencies in existence, Ethereum and Bitcoin remain widely popular. • Both the coins are old and there have been times when the newer coins outperformed both Ethereum and Bitcoin.

  5. Pick the cryptocurrency you prefer • Now that you know the major differences between Bitcoin and Ethereum, the decision of which one to opt for is now easier. The next step is to figure out which cryptocurrency exchange in India to use for buying and selling these digital currencies. We recommend trading from a trustworthy crypto exchange like WazirX. It is the best platform to buy crypto in India. They offer several advantages that make it the most reliable platform. Some of these features are: • Easy user interface • Hassle-free trading • Instant transaction • Best customer support • Hight secured wallets • And, more.

  6. Thank You

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