askARK What Are The Differences Between Bitcoin And Ethereum?

Cryptocurrency Characteristics - Bitcoin has a capped supply of 21 million coins [1] - Bitcoin utilizes a proof-of-work consensus algorithm to secure the network [1] - Bitcoin's supply schedule is predictable and known in advance [1] - Ethereum employs a proof-of-stake consensus algorithm, requiring users to lock up Ethereum tokens [2] - Ethereum has an elastic supply, which can be inflationary or deflationary based on the amount of Ethereum staked and network fees [2] Use Cases - Bitcoin is primarily considered a store of value, often referred to as digital gold [2] - Ethereum is a developer platform that is Turing complete, enabling programming on top of it [3] - Ethereum is suitable for building applications and financial primitives [3]