Bitcoin and Ether are two cryptocurrencies that have made waves in the investment world. Both currencies are very volatile, but their value can change dramatically in a short time.
Bitcoin and Ether were created to be peer-to-peer digital currencies that can be used anywhere in the world. Both use blockchain technology to make transactions more efficient and secure, but they have very different uses. While Bitcoin was designed as a payment method, Ether was developed as an application platform that developers could build on.
The idea behind both of these currencies is similar: they are decentralized systems where no company or individual controls the network like traditional banks do with fiat currencies. like USD or GBP. Bitcoin has been around since 2009 and has become one of the most widely used cryptocurrencies in recent years due to its low transaction fees, fast transactions and cheap electricity costs compared to other currencies like USD or EURO.
Ether is also known as Ethereum Classic (ETC). It was created by Vitalik Buterin while still attending Princeton University in 2013. It is currently ranked 2nd among all cryptocurrencies by market capitalization.