What is the difference between Bitcoin & Ethereum?
Everyone is aware that Bitcoin and Ethereum are the two most popular Blockchains currently in use. Each one is distinct in its own way, which is why you must describe their differences, the services they offer, and how they differ from one another.
While both are the most popular cryptocurrencies, Bitcoin is traditionally used as an alternative digital payment system, whereas Ethereum is a platform for smart contracts.
Bitcoin was designed to be a replacement for the traditional monetary system as a means of commerce and wealth storage. Ethereum was developed as a platform to enable programmable, immutable contracts and applications through the use of a global virtual machine.
Proof-of-Work consensus is used in Bitcoin. Ethereum 1.0 employed the Proof-of-Work mechanism, whereas Ethereum 2.0 employs Proof-of-Stake.
