Let’s talk about Bitcoin and Ethereum.
Bitcoin uses proof of work (PoW). In September 2022, Ethereum switched from proof of work to proof of stake (PoS) through “The Merge.”
To be honest, I hadn’t noticed this before either: you need to keep a small amount of ETH on Ethereum to pay for gas; Bitcoin transaction fees are paid in BTC.
$BTC and $ETH are the native coins of Bitcoin and Ethereum, but they serve different purposes.
Every potential return comes with corresponding risks, so first understand how much you could lose in the worst case.
#BTC
Bitcoin uses proof of work (PoW). In September 2022, Ethereum switched from proof of work to proof of stake (PoS) through “The Merge.”
To be honest, I hadn’t noticed this before either: you need to keep a small amount of ETH on Ethereum to pay for gas; Bitcoin transaction fees are paid in BTC.
$BTC and $ETH are the native coins of Bitcoin and Ethereum, but they serve different purposes.
Every potential return comes with corresponding risks, so first understand how much you could lose in the worst case.
#BTC