Bitcoin VS Ethereum

The digital coin industry has emerged relatively recently, especially compared with traditional financial instruments. A too small percentage of the world’s population has been introduced into this area, but perhaps most people have at least heard such words as Bitcoin or Ethereum.

These are the two most popular coins, as they occupy more than 57% of the total capitalisation of the entire cryptocurrency market. In this article, we will discuss Ethereum vs Bitcoin and which is better to invest in.

One of the most popular exchanges for trading cryptocurrencies is WhiteBIT. Only verified coins are offered on this site, and the most popular trading pairs are BTC to USDT and ETH to USDT.

Briefly about Bitcoin

This project needs no introduction because it spurred the entire industry back in 2009. The creator of BTC is a mysterious person or group of people under the pseudonym, Satoshi Nakamoto. There are many theories on the Internet as to who exactly is behind the creation of the first cryptocurrency, but each has its own blind spots.

BTC is the industry’s flagship, and it sets the trends in the market. If the Bitcoin price rushes up, then other projects usually follow. A total of 21 million BTC will be mined, with the last Satoshi mined in May 2140.

Briefly about Ethereum

The Ethereum project was created six years after Bitcoin. Its creator is Russian-Canadian engineer Vitalik Buterin. If we compare Ethereum vs Bitcoin, we can see that Buterin’s brainchild is a more versatile tool since it can create many decentralized applications and smart contracts.

The emission of ETH is unlimited; in the fall of 2022, the ETH blockchain switched to the PoS consensus protocol and, from that moment, began to consume 99.992% less electricity.

As of November 2022, the Bitcoin price Ethereum is 13,04. That is, 1 BTC costs 13,04 Ethereum coins. If you doubt buying Bitcoin or Ethereum, there is no correct answer because both assets are the market leaders, so it would be good to own them both.