This is for all the investors who have invested in bitcoin or thinking to invest in any crypto coins. If you are an investor in the crypto coin market, then surely that will be a big question in your mind whether you have invested your money in a safe place or not. Or if you are going to invest then, which cryptocurrency should be selected to have profit. And the names you hear or you are suggested are bitcoin and Ethereum mostly. But only from prediction, how can you decide that these will give you profit? or any one of them is best? So, we are going to help you hope this article helps you to find your answer.
Bitcoin VS Ethereum
These two names, BITCOIN and ETHEREUM both are types of cryptocurrency that have a lot of profit in them if used wisely. But this time, which one will be preferred? that is the question. Although there are some technical differences between the two but the most important is that Bitcoin and Ethereum differ in purpose and capability. Here some properties comparison between these two Crypto Currencies are given by which you will be able to select one, The properties are-
- Transaction Times
- Protocols Used
- Smart Contracts
- Future Prediction
- The first property is transaction times. From the Bitcoin transaction, it takes 12 minutes to complete the process while it takes only 12 to 15 seconds to Ethereum to do so. Ethereum’s “GHOST” protocol can process greater data loads and at greater speeds than Bitcoin’s peer-to-peer cryptographic protocol. This advantage cannot be understated.
- Ethereum works on “GHOST” protocol which can process more data with high speeds while Bitcoin works on a peer-to-peer cryptographic protocol which is preferred only for less no. of servers.
- Ethereum runs on “smart contracts,” which are code functions that can handle legal functions, data storage and so many which is the best part of Ethereum while Bitcoin does not work on this contract and also will not work on these types of contracts.
- If we talk about the future price of Ethereum, so, according to the predictor’s predictions, the Ethereum price is expected to increase by 9663 in Indian rupees for 2017. And as we can see, the Bitcoin graph is decreasing day by day.
If we talk about the present day, experts prefer Ethereum because of these qualities of Ethereum.
Note: This comparison is only taken from the experienced and from user reviews, please note that you are not forced to buy any particular cryptocurrencies, you can buy it from your own choice.
