What’s the difference between Bitcoin and Ethereum?

The popular cryptocurrency and blockchain system known as Ethereum is based on the use of tokens, which can be bought, sold, or traded. One of the most significant tokens is called ERC-20 , which has emerged as the technical standard used for all smart contracts on the Ethereum blockchain for token implementation.

8 Essential Ethereum Blockchain Tokens

Bitcoin is primarily designed to be an alternative to traditional currencies and hence a medium of exchange and store of value. Ethereum is a programmable blockchain that finds application in numerous areas, including DeFi, smart contracts, and NFTs.