WHY ETHEREUM DIFFER FROM BITCOIN???????????????????????
To provide a fair comparison between Ethereum and Bitcoin I will start by defining the basics, and expand on how each of
them can be used without drilling down too deep into the technical details
Ethereum is the second largest cryptocurrency in the world behind Bitcoin. It's been actually growing a lot faster than Bitcoin.
BTC has grown around 300% this year but ETH is up about 4000%..
Ethereum is an application platform for "Not just money! Asset issuance, crowdfunding, domain registration, title registration,
gambling, prediction markets, internet of things, voting, hundreds of applications!"
Ethereum discourages centralised pool mining through its Ghost protocol rewarding stale blocks. There is no advantage to being in a pool in terms of block propagation.
in fact, bitcoin isn’t even the top-performing crypocurrency of 2017. While bitcoin has once again doubled in value in 2017, the value of rival currency ether is up 2,000 percent.
On the surface, ether and bitcoin share a number of similarities. Both cryptocurrencies utilize blockchain technology, the decentralized public record of all transactions that is the core of the two currencies’ security features.
The time a transaction was included in a block as it means more computational power went in to securing the block, to more
confirmations the harder IN ETHEREUM