Bitcoin vs. Ethereum : Who will win the Crypto-battle ?

ethvsbtc

Since its introduction back in 2014 by Vitalik Buterin, Ethereum continues to generate enthusiasm among an ever-increasing users. Meanwhile, this technology is often compared to Bitcoin.

Bitcoin (BTC) reached a capitalization of one billion dollars in early 2013, to climb to nearly 14 billion dollars only a few months later. After a major drop, its valuation flirts with the $ 7 billion.

Ethereum (ETH) has seen a dramatic rise in its price as of the end of January 2016, and its capitalization exceeded 1 billion dollars on May 18th.

While Bitcoin and Ethereum both operate on the basis of distributed consensus principles and cryptography, they are very different from a technical point of view.

At first sight, the two systems are similar. They are both based on a crypto-currency, and transactions are verified through a system that rely on proof of work, generating a remuneration for miners.

For more clarity, here is an infographic that highlights the differences between Bitcoin and Ethereum:

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Image credit: Bargainroo.com

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