Technical Fundamental Comparison of BTC and ETH

in Tron Fan Club5 months ago

MODERN HOUSE FOR SALE (6).png
Background Image Source- Canva.com/Location

Assalam-o-Alaikum Steemians !


I'm @moneyster, a professional level Cryptocurrency investor and an analyzer. As usual, today I thought to share another Crypto-related experience with you. I hope this article will be considerably beneficial for all the Steemians in this community

@moneyster (1).gif

Simple Fundamental Introduction of BTC

Image Source - https://www.simplilearn.comLocation


Bitcoin can be defined as the heart of all the cryptocurrencies and we can also mention that this is the strongest coin in the world because this is the first cryptocurrency that we can see as a decentralized network.

BTC has always taken place to be the world's largest coin among all the crypto fans and they have used to use this Coin as their main payment method. However, it totally depends on miners in the network to validate most of the transactions.

BTC has the attraction of the World largest Crypto Traders due to its scalability and that's why it has been a popular crypto among us. At the same time, we have the ability to use this BTC to buy some large items such as cars or bikes in the market. As an example, Tesla company had accepted this BTC as a payment method for accomplishing their transactions. However, due to extreme volatility, now they have limited those transactions to a certain level.

@moneyster (1).gif

Simple Fundamental Introduction of ETH

ETH is a quite different cryptocurrency if we compare it with BTC from its fundamentals. Because the ETH coin generation process is somewhat different as it does not totally depend on miners. At the same time, the transaction speed it also faster than BTC.

The popularity is also has taken place for this ETH coin but the coin circulation amount is higher as we compare it with BTC. At the same time, the ETH network has not confirmed the Maximum coin limit that they hope to share for coin circulation. It means they have the ability to print more tokens for coin circulation.

However, they have mentioned that the coin circulation will not be increased at a certain level they hope to burn some amount of tokens from the coin circulation. As a result of it, it can be taken the place of 1st in the Cryptoworld.


@moneyster (1).gif

What can be the future of BTC and ETH

If we discuss the future of BTC and ETH, we can clearly see that both of these Cryptocurrencies are very popular cryptocurrencies. However, we can clearly see some differences between these two coins.

First of all, we can see that the BTC doesn't depend on other networks as it has its own blockchain. However, ETH also consists of its own blockchain but there are a lot of other popular Tokens created on it.

Because of the Coin circulation and maximum supply to the chain, I can guess that BTC has a long journey if we compare it with ETH.


At the same time, as I said in my previous article, we should remember that all the indicators and strategies are not efficient completely as nothing we can find 100% efficient in the world. So, we should depend only on these strategies and indicators to confirm our trading opportunities.

@moneyster (1).gif

I have studied the below-sourced articles to study these topics further, and I have explained all the above facts in my own words and experience.


10% benificiary set for @tron-fan-club

Sort:  

Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
image.png
please click it!
image.png
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)

The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.

Thanks alot friend for this well constructed fundamental comparison of bitcoin and Ethereum that you have shared

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.029
BTC 58248.35
ETH 3136.18
USDT 1.00
SBD 2.36