Bitcoin and Ethereum

Bitcoin vs Ethereum

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Bitcoin

Decentralized cryptocurrency, without central control or government intervention
Created in 2009 by Satoshi Nakamoto (pseudonym)
Uses blockchain technology to record all transactions
Has a maximum limit of 21 million coins
Highly volatile, with significant price fluctuations

Ethereum

Decentralized blockchain network, with its own cryptocurrency (Ether)
Created in 2015 by Vitalik Buterin and other developers
Allows the creation of smart contracts and decentralized applications (dApps)
Uses blockchain technology to record all transactions
There is no maximum limit on the number of coins, but there is an annual issuance limit

Both cryptocurrencies have their own advantages and disadvantages, and are used for different purposes. Bitcoin is often used as a digital asset for store of value, while Ethereum is used to execute smart contracts and develop dApps. Both have an interesting future in the world of cryptocurrencies and blockchain technology.

By Sonica W3 Learning Center

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