Lara
Member
While Bitcoin and Ethereum are both major cryptocurrencies, they serve different purposes. Bitcoin was created as a digital alternative to traditional money, focusing on being a decentralized payment system. Ethereum, on the other hand, is a platform for decentralized applications and smart contracts, allowing developers to create and run dApps. Ethereum's native currency, Ether (ETH), is used to fuel transactions and computations on the network, making it more versatile than Bitcoin in terms of application.