How would you differentiate Bitcoin blockchain and Ethereum blockchain?

devquora
devquora

Posted On: May 16, 2024

 

On the basis of certain factors their differentiation is possible.

SegmentBitcoinEthereum
ConceptDigital currencySmart contract
FounderSatoshi nakamotoVitalik buterin
Release methodGenesis block minedPresale
CryptocurrencyBitcoinEther cryptocurrency
AlgorithmSHA-256Ethash
Block time10 minute12 seconds
ScalabilityNoYes it is

    Related Questions

    Please Login or Register to leave a response.

    Related Questions

    Blockchain Interview Questions

    What do you understand by blockchain?

    The blockchain, emerging alongside Bitcoin, is a decentralized ledger technology ensuring incorruptible records. It operates as a collective, immutable database, offering secure, long-term services th..

    Blockchain Interview Questions

    Tell us the principle behind blockchain technology and how many types of it are available?

    Bitcoin enables information distribution without duplication. Types include public, consortium, and private, offering diverse accessibility and governance...

    Blockchain Interview Questions

    What do you think blockchain is trustworthy?

    Blockchain is currently in the spotlight due to its open-source nature and seamless compatibility with various applications. Its robust security ensures the safety of online transactions and other act..