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Ethereum vs Bitcoin: What’s the Real Difference?

  • Bitcoin (BTC) was created in 2009 as a decentralized digital currency with a limited supply of 21 million coins, often referred to as digital gold.
  • Ethereum (ETH), launched in 2015, serves as a platform for building apps on the blockchain, enabling smart contracts, NFTs, and DeFi applications.
  • Bitcoin uses Proof of Work (PoW) while Ethereum transitioned to Proof of Stake (PoS) in 2022, making it more energy-efficient and eco-friendly.
  • Bitcoin is preferable for storing value long-term, while Ethereum is suitable for smart contracts, NFTs, and app development, highlighting their distinct use cases.

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