Bitcoin Vs Ethereum

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Bitcoin Vs Ethereum

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Bitcoin:

Peer to Peer Network based digital currency

Ethereum:

Support Smart contracts and DAPPS

Primary Use Case

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Bitcoin:

Runs on Proof of Work (POW) model.

Ethereum:

Switching from POW to Proof of Stake (POS) model.

Algorithm Type

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Bitcoin:

Supports 4.6 transactions per second.

Ethereum:

ETH 1.0 supports 15 transactions per second.

Transaction Speed

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Bitcoin:

Used for record keeping only.

Ethereum:

Used for record keeping and may contain executable codes

Ledger Use

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