What is the difference between Bitcoin and Ethereum?
Criteria
Bitcoin
Ethereum
Concept
P2P currency
P2P currency and smart contract
Consensus mechanism
Proof of work
Proof of work/ Proof of stake
Hashing Algorithm
SHA-256
Ethash
Time is taken to mine a block
10 Minutes (approx.)
12-15 seconds
Reward
12.5 BTC
3 ETH
Transaction fee
Optional
A fee is calculated in gas
Value (8/21/18)
1 BTC = 6934.34 USD
1 ETH = 278.98 USD
