Ethereum:- Cousin of Bitcoin

Bitcoin is a long-term cryptocurrency. It has been a dominant one in the field. Many other digital currencies have been added but no one gained the same popularity as the Bitcoin except Ether. Ether is a cousin of Bitcoin which managed to compete with the Bitcoin. Ethereum created a lot of hype because of its additional features and applications.

A look at what is Ethereum

Ethereum is a blockchain based cryptocurrency with many features. The main feature of Ethereum is the smart contracts. It creates smart contracts on blockchain stored app for contract negotiation and facilitation.
Ethereum Virtual Machine (EVM) which makes Ethereum coins for peer to peer interactions. The main aim of smart contracts is to ensure greater security than the traditional methods.
The benefit of these contracts is that the blockchain provides a decentralized way to verify and enforce them. The decentralized aspect makes it incredibly difficult for fraud or censorship. Ether Wallet enables one to store Ether and other crypto assets in it.
Ether can be used to create digital tokens for any ICO. These tokens can be used to represent virtual shares, assets, proof of memberships. These can thus be used to raise funds for various blockchain-based applications like ICO.
It is now we understand that why most of the ICO’s prefer that investors invest in ethers.
Ethereum is gaining popularity and is of great use.
According to you which is better- Ethereum or Bitcoin?
Share your views here!

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