Bitcoin and Ethereum are the two largest and most well-known cryptocurrencies. They belong to different categories. In 2009, Bitcoin was established and is now often referred to as a peer-to-peer currency, or, in other terms, ‘digital gold’. It is a method of preserving value and has a purpose of completing person-to-person transfers. The technology employed in its blockchain helps the transactions to be transparent and secure.
The Ethereum, which first appeared in 2015, has more uses than money. It is a platform that is decentralized allowing building and deploying of smart contracts as well as decentralized applications (dApps). As a result, more complicated operations can be designed, as opposed to the Bitcoin system that has a specific purpose of making transactions.
According to most sources, Bitcoin has a maximum of 21 million coins. On the other hand, Ethereum has no limit, but its supply changes in accordance to the needs of the network. Each has its own community and development ecosystems that are important for the cryptocurrency environment.
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