![]() ![]() ![]() Bitcoin vs Ethereum Market Capīitcoin was created in 2009 and Ethereum in 2015. The average block-finding time is 10-12 seconds.īitcoin vs Ethereum: Key Difference 1. The average block-finding time is 10 minutes. Transaction fees are based on the gas price. Has a static transaction fee independent of any data being sent ![]() How do Bitcoin and Ethereum Differ? Parameter People can use Ether to pay for transaction fees and gas, which is a unit of measurement used to calculate the amount of computational power needed to run a transaction or Dapp. Ethereum's native currency is called Ether. However, Ethereum's blockchain is programmable, meaning that developers can build applications on top of it. A Dapp is an application powered by Ethereum's decentralized infrastructure and has no central point of control.Įthereum's blockchain is like Bitcoin's in that it is a public, permissionless, decentralized ledger. Ethereum is different from Bitcoin because it can be used to build Dapps. A Dapp is an application powered by Ethereum's decentralized infrastructure and has no central point of control. Decentralized applications (Dapps) are built on their platforms by using Ethereum.
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