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Difference between Bitcoin and Ethereum

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Difference between Bitcoin and Ethereum

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  1. difference between Bitcoin & Ethereum

  2. Bitcoin & Ethereum • Satoshi Nakamoto, an anonymous developer or group of developers, introduced Bitcoin to the public in 2009. Bitcoin is a decentralized digital currency that can be transferred through the bitcoin peer-to-peer network. A public ledger records the transaction and copies are held on worldwide servers. • VitalikButerin, a programmer, created Ethereum in 2013. It is a decentralized, open-source blockchain that supports smart contracts. Ethereum is a decentralized blockchain platform that creates a peer-to-peer network for securely executing and verifying application code known as smart contracts. Smart contracts enable participants to transact with one another without the need for a trusted central authority.

  3. Difference between Bitcoin and Ethereum

  4. Is Ethereum have smart contracts? • Ethereum is a decentralisedblockchainplateform that creates a peer-to-peer network for securely executing and verifying smart contract code. Participants can transact with one another without the need for a trusted central authority. Participants have full ownership and visibility of transaction data since transaction records are immutable, verifiable, and securely distributed across the network. • Ethereum accounts come in the form of smart contracts. This indicates that they have a balance and are able to send transactions across the network. They are not, however, controlled by a user; instead, they are deployed to the network and run according to a set of instructions.

  5. EthereumSmart Contract Scenario

  6. Does Ethereumuse blockchain? • Ethereum (ETH) is a blockchain-based platform that is best known for its cryptocurrency. Ethereum'sblockchain technology allows for the public creation and maintenance of secure digital ledgers. • Ethereum uses the smart contract block chain.

  7. We Provide Other Services • Blockchain accounting software • AI development services • NFT consulting • Cybersecurity service provider • Blockchain consulting services

  8. Feel Free To Contact Us NORTHERN CALIFORNIA 7677 Oakport Street, Suite 460, Oakland, CA 94612 Phone:510-768-7101 NEW MEXICO 6565 Americas Parkway NE, Suite 800, Albq, NM 87110 Phone:505-814-0011 SOUTHERN CALIFORNIA 16870 W. Bernardo Drive, Suite 250, San Diego, CA 92127 Phone:858-848-1784 MAIL US info@saratechnologies.com Feel free to contact us round-the-clock for smart contract development services

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