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{{#seo:
|keywords=bitcoin,mining, Ethereum, block, blockchain, mining, Bitcoin,
|description= Bitcoin vs Ethereum are the most popular cryptocurrencies in the world
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Bitcoin vs Ethereum

[[Bitcoin]] and [[Ethereum]] are the most popular [[cryptocurrency|cryptocurrencies]] in the world.

== History ==

[[Bitcoin]] is the first [[cryptocurrency]] in the world which appeared in 2009. It was developed by a person or a group of people under the pseudonym of [[Satoshi]] Nakamoto. The identity of the developer has not yet been established. [[Bitcoin]] is still the main [[cryptocurrency]] in the world, although, more than 1,000 different [[cryptocurrency |cryptocurrencies]] have appeared on the basis of its technology.

[[Ethereum]] is a platform for creating decentralized online services on the basis of [[blockchain]] using smart contracts. It was offered by the developer [[Vitalik Buterin]] in 2013. To date, this is the most popular platform for developing projects that go to the [[ICO]]. To work with the platform, a special [[cryptocurrency]] – [[Ethereum|ether]] has been developed.

== Technical characteristics ==

[[Bitcoin]]. [[Bitcoin]] is a [[cryptocurrency]], which is made by means of [[mining]] - that is, performing complex calculation operation to confirm transactions, the result of which is formed in [[blockchain|blockchains]]. This is done using the [[Proof-of-work]] protocol. For each new [[block]] in the chain, its creator receives a reward.

The emission of bitcoins is limited to 21 000 000 coins, the issue of new coins is constantly reduced due to the complexity of tasks for performing cryptographic operations in [[mining]]. According to calculations, the emission of bitcoins will be completed by 2140. The constant complication of the [[mining]] process has resulted in the emergence of [[mining farm|mining farms]] that consume large amounts of electric energy.

[[Ethereum]]. The emission of [[Ethereum]] is unlimited. [[Mining]] of new coins is based on the same [[Proof-of-work]] protocol as [[bitcoin]]. To mine new [[Ethereum|ether]] coins, the solution of complex cryptographic problems is also used. Large [[mining farm|mining farms]] work to do this.

The developers of [[Ethereum]] plan to go to the new [[block]] formation protocol in the [[Proof-of-stake]] [[blockchain]], when the computing capacity will not be of great importance when [[mining]]. So they want to minimize the resources for the emission of new coins.

In order to regulate the volume of the ether in the market while preserving unlimited emissions, [[Vitalik Buterin]] also suggests introducing excess [[Ethereum|ether]] "burning" mechanisms. For this purpose, certain operations inside the [[blockchain]] can become fee-based.

== Application ==

[[Bitcoin]] is used as a means of calculation.

Ethereum is considered as a resource with which you can not only make exchange transactions, but also register smart contracts, share resources and so on.

== Exchange rate and capitalization ==

As of November 28, 2017, the [[bitcoin]] rate is $ 9,980.99 per coin. The capitalization of the [[cryptocurrency]] exceeds $ 166.183 billion (more than half of the total capitalization of the [[cryptocurrency market]]). Upon both indicators, [[bitcoin]] is in the first place.

The [[Ethereum]] [[exchanges|exchange]] rate on the same date is $ 476.789 for one [[Ethereum|ether]], the capitalization of the [[cryptocurrency]] is $ 45.773 billion. Despite the fact that in November 2017 the [[Ethereum|ether]] lost the second place by the cost of one coin due to the rise in prices for [[Bitcoin Cash]] and [[Dash]], only [[bitcoin]] outruns the [[cryptocurrency]] by capitalization.

== Prospects==

[[Bitcoin]] is the most widespread [[cryptocurrency]] in the world. Analysts predict its further growth and increased use. Already now, [[Bitcoin ATM|ATMs]] are installed all over the world, with the help of which it is possible to [[exchanges|exchange]] fiat money for [[bitcoin]] (other [[cryptocurrency|cryptocurrencies]] also support the devices, but less often). You can buy [[REAL|real]] estate, various goods and pay services for [[Bitcoin|bitcoins]]. Meanwhile, some experts speak about the financial bubble of [[bitcoin]], which in the future will burst, leaving investors with nothing.

The [[Ethereum]] strategy assumes further development of a virtual platform for the execution of smart contracts. The new roadmap of the project, presented at the end of November by its founder [[Vitalik Buterin]], considers the necessity to solve three problems simultaneously: [[security]], [[privacy]] and scalability. This is especially important, considering the fact that according to the volume of transactions the [[Ethereum]] [[blockchain]] is in the first place. According to [[Vitalik Buterin| Butterin]], the implementation of all stages will take from three to five years. Following the constant improvement of the platform experts predict the [[Ethereum|ether]] rate above $ 500 by the end of 2017.

== See also ==

* [[Cryptocurrency market]]

* [[Bitcoin news]]

* [[Bitcoin ATM]]

* [[cryptocurrency]]

References:

http://telegra.ph/Vitalik-Buterin-predstavil-obnovlennuyu-dorozhnuyu-kartu-Ethereum-11-28

https://coinspot.io/currencies

https://en.wikipedia.org/wiki/Bitcoin

https://en.wikipedia.org/wiki/Ethereum

[[ru: Bitcoin vs Ethereum]]
[[Category:Cryptocurrency]]
[[Category:Bitcoin]]
[[Category:Ethereum]]

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foo>Dos at 14:47, 1 December 2017