Bitcoin vs Ethereum: what are the differences?

By CardCashGo Editorial Team ·

Phone wallet showing Bitcoin and Ethereum next to a chain of blockchain blocks

Bitcoin and Ethereum are the two largest cryptocurrencies, but they were built for different purposes.

Purpose

Bitcoin was designed as digital money. Ethereum is a platform for programs called smart contracts, and ETH pays for using it.

Addresses

Bitcoin addresses on CardCashGo start with bc1. Ethereum addresses start with 0x. Never send one coin to the other's address.

Fees and speed

Bitcoin blocks arrive roughly every 10 minutes; Ethereum blocks every few seconds. Network fees change with demand on each chain.

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