#BTCvsETH BTC vs ETH: Key Differences

Bitcoin (BTC) and Ethereum (ETH) are the two largest cryptocurrencies but serve different purposes.

- Purpose: BTC is digital gold—a decentralized store of value and medium of exchange. ETH is a programmable blockchain, enabling smart contracts and decentralized apps (DApps).

- Supply: BTC has a fixed supply of 21 million coins, making it deflationary. ETH has no hard cap but uses a burn mechanism to reduce inflation.

- Consensus: BTC uses Proof-of-Work (PoW), while ETH transitioned to Proof-of-Stake (PoS) for scalability and energy efficiency.

- Use Cases: BTC excels as "sound money," while ETH powers DeFi, NFTs, and Web3 innovations.

Both dominate crypto but cater to different needs.