Differences between bitcoin and Ethereum fil

1. bitcoin and Ethereum are the mines of pow computing power. IPFs is a new storage mining mode.

2. BTC: bitcoin LTC: lightcoin eth: Ethereum, Ethereum etc: Ethereum classic

3.

Bitcoin uses SHA-256 encryption algorithm. When mining, it competes with computing power. In order to improve computing power, bitcoin has gone through four stages: CPU mining, GPU mining, FPGA mining and now ASIC mining machine mining, and the degree of specialization is getting higher and higher

Ethereum uses the ethash encryption algorithm. In the process of mining, it needs to read the memory and store the DAG file. Because the bandwidth of each read memory is limited, and the existing computer technology is difficult to have a qualitative breakthrough in this problem, so no matter how to improve the computing efficiency of the computer, the memory read efficiency will not be greatly improved. Therefore, in a sense, Ethereum's ethash encryption algorithm is ASIC resistant.

different encryption algorithms lead to great differences in mining equipment and computing power between bitcoin and Ethereum

at present, bitcoin mining equipment is mainly ASIC mining machine with a very high degree of specialization. The maximum computing power of a single mining machine is 110t / s, and the scale of computing power of the whole network is more than 120eh / s

the main mining equipment of Ethereum is video card miner, and there are very few specialized ASIC miner. On the one hand, the "ASIC resistance" of Ethereum mining algorithm improves the threshold of developing ASIC miner. On the other hand, after Ethereum is upgraded to 2.0, the consensus mechanism will be transformed into POS, and the miner can not continue mining

compared with the ASIC miner, the graphics card miner has two orders of magnitude difference in computing power. At present, the computing power of mainstream graphics card miner (8 cards) is about 420mh / s, and that of Ethereum is about 230th / s.

from the time dimension of the past two years, bitcoin's computing power of the whole network is growing rapidly, while Ethereum's computing power of the whole network is growing relatively slowly

The ASIC mining machine of

bitcoin is monopolized by several major mining machine manufacturers, and miners can only buy it from the market; Although the graphics card miner of Ethereum is also manufactured by a special miner, the miner can buy accessories from the market and assemble them according to his own demand

4.

The user groups of Ethernet and bitcoin are different

5. Bitcoin and Ethereum are both digital currencies. Bitcoin ranks first in market value, followed by Ethereum. After registering with the bitnet exchange, you can invest in them.

6. They are essentially the same, belong to the network virtual currency, but the way of birth is different, because the algorithm is different, so it leads to the difference of the total amount. Bitcoin is a kind of digital currency invented by Nakamoto Cong, which exists in the form of P2P. It realizes distributed accounting through blockchain technology. Due to its scarcity, its valuation is relatively high. Ethereum is a kind of digital token of Ethereum. Developers need to pay Ethereum to support the application. It was invented by a Chinese company based on bitcoin algorithm
if you want to understand the content of blockchain bitcoin, it is recommended to go to relevant websites to have a more comprehensive look, such as bitmaster and Babbitt forum.

7. You can open the Matcha app to see that now Ethernet is the second highest cryptocurrency in market value, second only to bitcoin.

8. Blockchain colloquialism:
mahjong is the earliest application of blockchain in China:
the idea that a wants to play mahjong is equivalent to creating a block:
a calls to inform B, C and D, which means "decentralization & quot; Point to point transmission of
ABCD has formed a consensus that the touch action is "mining", and four people are "miners"
mahjong is a hash value. The Hu card is to hit the correct hash value and get the corresponding chip reward, which is called bitcoin
each of the four recorded the first round of the game. In the whole blockchain, this is only one node. If 20 mahjong games were played that day, that is, 20 nodes (blocks), and 20 blocks were connected together to form a complete ledger, that is blockchain< According to historical records, China is the world's earliest application group in blockchain, so you can be proud to say that China is more than 1000 years ahead of the world in blockchain application
it's powerful. Our country is [strong] [strong] [strong]

9. Ethereum (ETH) is a "chain without separation", each application uses the main chain, and the structure of eth is similar to series connection. And aelf is to distinguish and reshape the structure between chains on the basis of eth. The solution of aelf is to change "series" to "parallel". The so-called "parallel" is a main chain, and then connect each branch chain on the N side. This is what the aelf team calls "mother union + n side chain Multi Chain" structure. Blockchain 3.0 project,? LF can realize the horizontal expansion of nodes through cluster or cloud + blockchain operation mode, continuously improve the overall performance of the network through benign competition, and become an important resource and infrastructure in the Internet era.

10. They are both encrypted virtual digital currencies. The difference is that bitcoin was born early, has a large audience and is highly accepted (Dell and Microsoft both accept bitcoin payment). It is the representative and originator of cryptocurrency, and has a high market value. Bitcoin is also a small-scale social experience, Ethereum is the second generation of digital currency, and lutcoin is the follow-up currency.