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| Diferences between bitcoin and ethereum | Depending on how you look at it, this transition might already be under way, as the gap between the two is steadily shrinking. Energy consumption is very low as compared to bitcoin Energy Consumption rate Energy consumption rate of bitcoin mining system 3. Crypto Screeners. Today, Bitcoin is primary seen as a store of value, as it's high fees aren't ideal to be a true currency. Bitcoin has been around for much longer than Ethereum. Ethereum allows us to create smart contracts. Transactions Generally, bitcoin transactions are only for keeping notes. |
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\Bitcoin: A comparison of two leading cryptocurrencies. From a technical standpoint, Bitcoin and Ethereum also have distinct characteristics. Ether, native currency of Ethereum is the second-largest cryptocurrency after bitcoin to date. Energy consumption is very high. Bitcoin is a cryptocurrency that can be used to buy goods and services, whereas Ethereum is a decentralized platform that runs smart contracts.
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