10 Facts About Bitcoin Digital Payments, And Ethereum Digital Contracts

Petrygon Technologies

Of the past we have heard a lot of a unique economy which is a part of the digital revolution. We have two smart kids on the block namely Bitcoin and Ethereum which are the most sought after cryptocurrency in the digital generation. With all new cryptocurrency we have a complete new reformation in digital banking like it is decentralized.

Both Ethereum and Bitcoin are cryptography-based systems but the technology remains the same as the blockchain is the underlying technology of all crypto-technologies. Interestingly both use encryption and time-stamping and both imply currencies

Sometime we define both the Bitcoin and Ethereum in different ways as the Bitcoin is a digital currency or a cryptocurrency while Ethereum is public blockchain platform for the execution of decentralized smart contracts.

Moreover, Bitcoin was created by Satoshi Nakamoto, as open source code and released in January 2009 on the other hand Ethereum was only…

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