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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
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About |
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
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Type |
Type
coin
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Type
coin
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Founding Date |
Founding Date
2009
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Founding Date
2015
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Country |
Country
International
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Country
Canada
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Not Public
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Team
Public
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Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
94840.7140
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Current price (USD)
3084.1738
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All-time high (USD) |
All-time high (USD)
20089.0000
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All-time high (USD)
1432.8800
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Price change (24h) |
Price change (24h)
2.96
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Price change (24h)
-0.63
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Volume (24h) |
Volume (24h)
6481148069.87800
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Volume (24h)
2714517813.56410
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Hashrate |
Hashrate
93000000000
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Hashrate
190120
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Max Supply |
Max Supply
21000000.00000
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Max Supply
No data
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Total supply |
Total supply
No data
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Total supply
No data
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Circulating Supply |
Circulating Supply
19785196.00000
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Circulating Supply
120426320.83693
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Transaction speed / Block time |
Transaction speed / Block time
7
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Transaction speed / Block time
15
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Transaction fee |
Transaction fee
1
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Transaction fee
No data
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Mining profitability |
Mining profitability
low
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Mining profitability
high
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Algorithm |
Algorithm
SHA-256
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Algorithm
Ethash
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Proof type |
Proof type
PoW
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Proof type
PoW
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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Total coins mined |
Total coins mined
18433468.00000
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Total coins mined
111766505.06150
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Is trading |
Is trading
yes
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Is trading
yes
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Block reward |
Block reward
6.250000000000
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Block reward
2.000000000000
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Block time |
Block time
600
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Block time
15
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User rating |
User rating
2 / 5
2 user review
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User rating
5 / 5
3 user review
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Cryptogeek rating |
Cryptogeek rating
4.2 / 5
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Cryptogeek rating
4.6 / 5
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Advantages |
Advantages
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
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Advantages
Well-known Founder
An expanding developer community
More than a cryptocurrency
Continues to attract more businesses
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Disadvantages |
Disadvantages
- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
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Disadvantages
Struggles with scaling
Uses a complicated programming language
High transaction fees
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Bitcoin (BTC) user rating is 2, based on 2 user reviews. Ethereum (ETH) user rating is 5, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.