Ether, the currency used to complete transactions on the Ethereum network (learn more) and Bitcoin have many fundamental similarities. They are both cryptocurrencies that are rooted in blockchain technology.
Will ethereum beat Bitcoin?
So in each of these near-term and long-term time segments, Ethereum has done better than Bitcoin. Moreover, it has another chief advantage: You can buy more of them for the same amount of dollars. This matters a good deal. Over time ETH might end up catching up to Bitcoin in absolute dollars.
Is ETH or BTC better?
Transactions are much faster on the Ethereum network than on Bitcoin’s. Bitcoin is primarily a store of value and medium of exchange; Ethereum is not. Ethereum was created as a complement to Bitcoin but ended up as competition.
What is the main difference between ethereum and Bitcoin?
While bitcoin was created as an alternative to national currencies and thus aspires to be a medium of exchange and a store of value, Ethereum was intended as a platform to facilitate immutable, programmatic contracts, and applications via its own currency.