Joseph McKay

[Joseph McKay]

Bitcoin and Ethereum blockchain solves different problems and coexist to provide possibility for the future.

Bitcoin is basically digital money. It is a person-to-person electronic money transfer system which stores and handles all transactions from the time Bitcoin network started.

On the other hand, Ethereum handles money transfer along with storing programming logics such as maintaining minimum balance for transferring amount. In Ethereum middle-men is completely eliminated so the cost is reduced.

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