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What is the difference between Ethereum and Bitcoin_

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What is the difference between Ethereum and Bitcoin_

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  1. What is the difference between Ethereum and Bitcoin?

  2. The differences between Bitcoin and Ethereum creator of coins It is no secret to anyone that the creator of Bitcoin, blockchain technology and the concept of cryptocurrencies is Satoshi Nakamoto , who published the first version of Bitcoin in 2009. A work that would later give rise to all that avalanche of thousands and thousands of cryptocurrencies that would be born derived from his work. Nobody knows who Satoshi Nakamoto is, nor speaks to give his opinion of him by letting Bitcoin grow freely.

  3. Development finance Currently, most of the development of Bitcoin remains the same. In fact, most developers do not receive stipends for their work. On the other hand, only some of them receive a stipend thanks to donations from procrypt people, foundations and organizations . And finally, only a few earn salaries for jobs related to the crypto world of Bitcoin in other companies, and not directly for their work in the protocol. Even the initial Core participated in the development of Bitcoin without receiving any payment for their work.

  4. Decentralization level As far as decentralization is concerned, Bitcoin is the most decentralized cryptocurrency that exists in the entire crypto world. It is the network with the largest number of nodes, miners, developers, computing power and forks. In addition, the development of Bitcoin is much more decentralized than Ethereum, since in the latter, its developers generate a strong centralization, marking the path that the development of Ethereum must follow.

  5. coin price One of the first differences that we usually see between Bitcoin and Ethereum is the price differential that exists between the two . Bitcoin has always had a higher value than Ethereum, and some reasons for this are: Bitcoin is limited, it is more accepted, it has a much larger user base and it generates more trust as it is a project with more time and maturity.

  6. commission management One point that makes a difference between Bitcoin and Ethereum is the way they handle mining fees . In Bitcoin, mining commissions take into account values ​​​​such as its complexity due to the number of inputs and outputs, since this affects the size of the space occupied by the transaction. This space is what will finally tell you the price of the transaction and the commission to be paid is dictated by the demand and supply generated by users depending on network congestion.

  7. COMPANY BLOCKCHAINX WEBSITE https://www.blockchainx.tech/token-migration E-MAIL contact@blockchainx.tech TANK YOU

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