Knowledge Card: 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.”
Bitcoin has a total supply cap of about 21 million coins. Ethereum has no fixed total supply cap; its supply changes with staking rewards and base fee burns.
When comparing Bitcoin and Ethereum, focusing on their purposes and use cases is more useful than looking only at price differences, and makes it less likely that emotions will sway you.
$BTC and $ETH are the native coins of Bitcoin and Ethereum, respectively, and they serve different purposes. Currently 81542.88.
Bitcoin uses proof of work (PoW). In September 2022, Ethereum switched from proof of work to proof of stake (PoS) through “The Merge.”
Bitcoin has a total supply cap of about 21 million coins. Ethereum has no fixed total supply cap; its supply changes with staking rewards and base fee burns.
When comparing Bitcoin and Ethereum, focusing on their purposes and use cases is more useful than looking only at price differences, and makes it less likely that emotions will sway you.
$BTC and $ETH are the native coins of Bitcoin and Ethereum, respectively, and they serve different purposes. Currently 81542.88.