"...Bitcoin uses a SHA-256d algorithm. In the case of Ethereum, they use EtHash..."
The first difference we encounter is when dividing the entire part of the value of the coins into decimals. In the case of Bitcoin it reaches 8 decimals. But that is not so in the case of Ethereum that reaches 18 decimals. Bitcoin's smaller units are mili bitcoin, micro bitcoin and satoshi, which is the smallest of all. In the Ethereum case, the ether coin is divided into finney, szabo, shannon, babbage, lovelaces, and wei.
Another difference between the two is security in the form of algorithm. Each uses a different system. Bitcoin uses a SHA-256d algorithm. In the case of Ethereum, they use EtHash.
There is also a noticeable difference in the time required for a block to be confirmed and validated by a miner. If we focus on Bitcoin, the time to be able to add to the block chain is approximately 10 minutes (600 seconds). In Ethereum this time is much shorter, it is only 16 seconds. And it is also necessary to mention the price obtained by mined block. For those who undermine an Etherum block, the prize is always constant. In Bitcoin, this award is decreasing, and every four years it is divided. In the beginning, in Bitcoin the prize was 50 bitcoins. Now stands at 12.5.
Another big difference is the amount of coins that are of each of them. In Bitcoin there is a maximum limit of coins to be generated. This limit stands at 21 million coins. But, Ethereum does not have such a limit. This causes Ethereum to become an inflationary system. This has direct consequences when choosing one currency or another. Because it depends on whether we want to buy or invest, it will compensate us more to use a different currency.
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Source: Profesionalreview.com
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