Q. Shall I invest in bitcoin or ethereum?

Shall I invest in bitcoin or ethereum?


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Jun, 2018

1 Answer
  • keyvan

    first, it is really important that you understand the fundamentals behind Bitcoin and Ethereum.
    in short: Bitcoin is (hardest) money and store of value
    Ethereum is the crypto-currency for the execution of smart contracts.


       

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Ethereum

A virtual currency named ether grew alongside bitcoin. Ether is the fuel that powers Ethereum. Bitcoin and Ethereum are at times considered to be similar but that's not entirely true, as bitcoin is a cryptocurrency, whereas Ethereum is a development platform. Ethereum is considered to be the largest and the most well-established, open-ended decentralized software platform. Ether is like a vehicle for moving around on the Ethereum platform and is sought by developers to develop and run application inside Ethereum.

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