Bitcoin vs Ethereum: Which One Is Better? | Difference Between Bitcoin And Ethereum | Simplilearn [14kwSQ7_cW4]

Bitcoin vs Ethereum: Which One Is Better? | Difference Between Bitcoin And Ethereum | Simplilearn [14kwSQ7_cW4]

| 1h 28m 28s | Video has closed captioning.

🔥IITK - Professional Certificate Program in Blockchain (India Only) - This Bitcoin vs Ethereum video talks about the differences between Bitcoin and Ethereum. In the market that hosts more than 1600 cryptocurrencies and new ones showing up every single day. Two of them stood out for the last two years, they are Bitcoin and Ethereum. Today, we are going to talk about Bitcoin vs Ethereum and understand the differences between these two cryptocurrencies. Below topics are explained in this Bitcoin vs Ethereumvideo: 0:00 Introduction to Cryptocurrencies 00:35 What is cryptocurrency? 01:59 What is Bitcoin? 02:41 What is Ether? / What is Ethereum? 03:39 Bitcoin vs Ethereum 04:24 Introduction of Bitcoin and Ethereum 05:00 Concept of Bitcoin and Ethereum 05:36 Mining of Bitcoin and Ethereum 06:06 Reward system of Bitcoin and Ethereum 06:34 Transaction fee of Bitcoin and Ethereum 07:02 Average block time of Bitcoin and Ethereum 07:15 Hashing algorithm of Bitcoin and Ethereum 07:29 Info on Bitcoin and Ethereum 08:46 Bitcoin vs Ethereum: Which one is better? To learn more about Blockchain, subscribe to our YouTube channel: You can also go through the Slides here: Watch more videos on Blockchain: #BitcoinvsEthereum #DifferencesBetweenBitcoinAndEthereum #Ethereum #Bitcoin #Whatisblockchain #Blockchain #Bitcoin #Blockchainonlinetraining #Blockchainforbeginners #BlockchainTechnology #Simplilearn What is Cryptocurrency? A cryptocurrency is a digital or virtual currency that is meant to be a medium of exchange. It is quite similar to real-world currency, except it does not have any physical embodiment, and it uses cryptography to work. Because cryptocurrencies operate independently and in a decentralized manner, without a bank or a central authority, new units can be added only after certain conditions are met. Differences between Bitcoin and Ethereum: Bitcoin is used to send money to someone. The way it works is very similar to the way real-life currency works. Ether is used as a currency within the Ethereum network, although it can be used for real-life transactions as well. Bitcoin transactions are done manually, which means you have to personally perform these transactions when you want them done. With ether, you have the option to make transactions manual or automatic—they are programmable, which means the transactions take place when certain conditions have been met. As for timing, it takes about 10 minutes to perform a bitcoin transaction—this is the time it takes for a block to be added to the blockchain. With ether, it takes about 20 seconds to do a transaction. About Simplilearn Blockchain Certification Training: Simplilearn’s Blockchain Certification Training has been designed for developers who want to decipher the global craze surrounding Blockchain, Bitcoin and cryptocurrencies. You’ll learn the core structure and technical mechanisms of Bitcoin, Ethereum, Hyperledger and Multichain Blockchain platforms, use the latest tools to build Blockchain applications, set up your own private Blockchain, deploy smart contracts on Ethereum and gain practical experience with real-world projects. After completing this course, you will be able to: 1. Apply Bitcoin and Blockchain concepts in business situations 2. Build compelling Blockchain applications using the Ethereum Blockchain 3. Design, test and deploy secure Smart Contracts 4. Use the latest version of Ethereum development tools (Web3 v1.0) 5. Develop Hyperledger Blockchain applications using Composer Framework 6. More... Learn more Bitcoin & Blockchain at: 🔥🔥 *Interested in Attending Live Classes? Call Us:* IN - 18002127688 / US - +18445327688 For more updates on courses and tips follow us on: - Facebook: - LinkedIn: - Website: Get the Android app: Get the iOS app: #crypto nicknames #crypto etf #bitcoin aktuell in dollar #bitcoin automat berlin