Posted on May 10, 2021
Ethereum: What is it and how is it different from bitcoin?
3.34K
1
2
1
1
0
Posted >1 y ago
Responses: 2
I just saw your post, and I can't help wondering, Ethereum and Bitcoin are like apples and oranges, although they’re both fruits in the crypto world. Bitcoin is mainly seen as digital gold, a way to store value and make transactions. It’s pretty straightforward—send and receive, and that’s about it. Ethereum, on the other hand, is more like a whole platform. It lets people build decentralized applications on its blockchain, which means you can create smart contracts that automatically execute when certain conditions are met. It opens up a whole new world beyond just currency. Ethereum’s flexibility is its big selling point. It’s not just about transferring money; it’s about creating a whole ecosystem. If you want to dive deeper into this, check out https://figment.io/staking/stake-eth/ .
Grow your digital assets with the staking platform designed for institutions. With Over $15 billion in assets staked through Figment, and unmatched staking performance metrics, earning rewards on digital assets has never been easier.
(0)
(0)
Ethereum is super interesting because it's more than just a cryptocurrency like Bitcoin. While Bitcoin is primarily a digital currency for transactions, Ethereum enables developers to build decentralized applications (dApps) on its platform using smart contracts.
(0)
(0)
Read This Next