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Billionaire Michael Saylor Explains The Difference Between Bitcoin And EthereumWhile Ethereum-based transactions tend to be far faster than Bitcoin transactions, there's a steep cost that comes with that convenience, known as gas fees. Bitcoin and Ethereum are both cryptocurrencies, however they are drastically different. Learn everything you need to know about Ethereum vs. That means Ethereum cryptocurrency would be better suited than Bitcoin for carrying out a transaction that relies on an Ethereum smart contract.