Читать книгу Cryptocurrency All-in-One For Dummies - Peter Kent, Kiana Danial - Страница 76

Ethereum versus Bitcoin

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The main difference between Ethereum and Bitcoin is that Ethereum wants to be the place users go to execute their decentralized applications. In fact, its goal is to be a sort of massive, decentralized computer that executes smart contracts. That’s why many other cryptocurrencies can run on the Ethereum platform. The Ethereum blockchain forms a decentralized network where these programs can be executed.

Bitcoin is different in this sense. Its platform gets the miners to compete and solve complicated blockchain math problems. The first one who solves the problem is the winner and gets rewarded. But miners can use Ethereum’s platform as a co-working space to create their own products. They get compensated for providing the infrastructure so that inventors can cook their own new types of products. Book 6 covers cryptocurrency mining.

In fact, even major technology players like Intel and Microsoft and financial behemoths like JPMorgan and Credit Suisse are using the Ethereum platform to create new stuff of their own. Along with other giant founding members, various blockchain start-ups, research groups, and Fortune 500 companies have created a group called the Enterprise Ethereum Alliance (EEA). By October 2018, the alliance had more than 500 members, including Accenture, AMD, Credit Suisse, Dash, Pfizer, Samsung, and Toyota, to name a few. You can find out more about the EEA and their current memberships list at https://entethalliance.org/.

Cryptocurrency All-in-One For Dummies

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