MarQuis Trill brings some of the brightest minds in the blockchain space to end the controversy discussion about Bitcoin Vs Ethereum. Ether and bitcoin are similar in many ways: Each is a digital currency traded via online exchanges and stored in various types of cryptocurrency wallets. Both of these Cryptocurrencies are decentralized, one Bitcoin Maxi may not agree, but meaning that they are not issued or regulated by a central bank or other authority. Both make use of the distributed ledger technology known as blockchain.

However, there are also many crucial distinctions between the two most popular cryptocurrencies by market cap. Below, we’ll take a closer look at the similarities and differences between bitcoin and ether.

KEY TAKEAWAYS

• Bitcoin signaled the emergence of a radically new form of digital money that operates outside the control of any government or corporation.
• With time, people began to realize that one of the underlying innovations of bitcoin, the blockchain, could be utilized for other purposes.
• Ethereum proposed to utilize blockchain technology not only for maintaining a decentralized payment network but also for storing computer code that can be used to power tamper-proof decentralized financial contracts and applications.
• Ethereum applications and contracts are powered by ether, the Ethereum network’s currency.
• Ether was intended to complement rather than compete with bitcoin, but it has nonetheless emerged as a competitor on cryptocurrency exchanges.

Enjoy this 4 hour long discussion as the smartest developers and investors in this space talk about the pros and cons

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