Ethereum and Bitcoin are both popular cryptocurrencies, but they have some key differences:
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Purpose: Bitcoin was created as a digital currency for peer-to-peer transactions, whereas Ethereum was developed as a platform for smart contracts and decentralized applications (dApps).
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Mining Algorithm: Bitcoin uses the Proof of Work (PoW) consensus algorithm, while Ethereum is in the process of transitioning from PoW to Proof of Stake (PoS) with Ethereum 2.0.
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Block Time: Bitcoin has a block time of around 10 minutes, while Ethereum's block time is much shorter, around 15 seconds.
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Supply Cap: Bitcoin has a fixed supply cap of 21 million coins, while Ethereum does not have a fixed supply, but is currently following a supply issuance model.
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Scripting Language: Ethereum allows developers to create smart contracts using Solidity, a Turing-complete scripting language, whereas Bitcoin has a more limited scripting language.
These are just a few of the differences between Ethereum and Bitcoin.
