The main difference between Bitcoin and Ethereum: Ethereum is more than one currency
The main difference is that Ethereum is not just a digital currency. This blockchain platform has many advantages and applications.Ethereum has the ability to create smart contracts that can help make communications and devices as smart as possible. Using smart contracts, intelligent processes can be implemented with decentralized blockchain technology. For example, it is not unlikely that in the coming years we will see driverless cars in the city using smart contracts.
Ethereum lets you create digital tokens that can be used to display virtual stocks, assets, proof of membership, and more. These smart contracts are compatible with all wallets. You can download the source from the Ethereum website and create a token for your needs.
Bitcoin and Ethereum sub-differences
1- In Ethereum, the block time is between 14 to 15 seconds, but in Bitcoin it is about 10 minutes. Therefore, Ethereum transactions are faster.Ethereum has done this using the Ghost protocol.
2- Ethereum has a different economic model than Bitcoin - Bitcoin reward blocks are split every four years, but in Ethereum this happens every year.
3-The method of calculating the commission of Ethereum transactions is different and the commissions are calculated according to the computational complexity, the amount of bandwidth usage and storage space. But bitcoin transaction fees are calculated only in proportion to the desired size and time.
4- Ethereum has a complete Turing and this means that anything can be calculated in terms of hardware. Bitcoin is an exception to this rule.
5-Ethereum started by collecting and attracting investors, while Bitcoin was introduced first and then the early miners took over the most available coins. In the Ethereum program, in the fifth year, 50% of the Ethereums will belong to the extractors.
6-Ethereum prevents the activity of concentrated extraction pools.
7-Ethereum uses its hash algorithm called Ethash to allow the use of graphics cards (GPUs) instead of ASIC devices and processors.
