Introduction To Ethereum

Cash-oriented vs. programming-oriented

Bitcoin and Ethereum are two of the most popular and widely-used blockchains today. They each have their own blockchain infrastructures, and though they share some common features, they were created with different purposes in mind. Bitcoin is a cash-oriented system while Ethereum is very focused on executing programs.

Bitcoin was created as a peer-to-peer electronic cash system. Its main purpose is to provide a decentralized way of conducting transactions without the need for a middle man (such as a bank). So, it strongly focuses on cash transactions, spending conditions, and its digital currency bitcoin.

On the other hand, Ethereum’s purpose is not primarily ...