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What is the difference between Bitcoin and ether?

Bitcoin and Ether are both digital currencies, but the primary purpose of Ether is not to establish itself as an alternative monetary system (unlike Bitcoin) but to facilitate and monetize the operation of the Ethereum smart contract and decentralized application (dapp) platform.

Can Ethereum compete with Bitcoin?

Ethereum is another use-case for a blockchain that supports Bitcoin, and theoretically should not really compete with Bitcoin. However, the popularity and rising market capitalization of Ether brings it in competition with all cryptocurrencies, especially from the trading perspective.

What is the difference between digital silver and Ethereum?

Ethereum is compared with digital silver because it is the second-largest cryptocurrency by market cap and, like the precious metal, has a wide variety of applications. What Are Bitcoin and Ethereum’s Shares of the Crypto Market?

What is Ethereum (ETH)?

Ethereum (ETH) has received a lot of attention since its announcement at the North American Bitcoin Conference in early 2014 by Vitalik Buterin. As a natural consequence of its rising popularity, Ethereum has constantly been compared to Bitcoin (BTC), the first decentralized, digital currency.

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