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There are a lot of similarities between Ethereum and Bitcoin. Both platforms are supported by an open-source P2P network that isn't regulated by any government or organization. Because the network is decentralized, it can never go offline. Ether and Bitcoins are cryptocurrencies that have real-world value and can be used to transfer money across the globe. There are no banks or other payment processing platforms involved.coinder bitcoin

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Aside from Bitcoin and Ethereum, no asset even registers on the chart. Only Litecoin can muster over $1k per day in fees. BCH, BSV, Dash, Zcash, Monero, Stellar, Ripple, and Doge are all in the hundreds of $ /day range (chart). This does not bode well for the sustainability of coins which plan to reduce their issuance on a schedule like Bitcoin’s. Currently, no chains aside from Bitcoin and Ethereum appear equipped to enter a regime where fees provide the majority of validator revenue. So pricing block space and allowing a market to develop, although painful in terms of fees, is a critical feature of Bitcoin.bitcoin advertising LedgerLike the aforementioned IBM report, most incumbent technology companies try to cram cryptocurrency into a larger story about 'digital assets' and their promises of 'super efficiency.' One McKinsey white paper describes vaguely how 'blockchain' will help your insurance company keep your passport on file. These incoherent stories typically place cryptocurrency into one of several pre-existing sectors:

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The Ethereum protocol was originally conceived as an upgraded version of a cryptocurrency, providing advanced features such as on-blockchain escrow, withdrawal limits, financial contracts, gambling markets and the like via a highly generalized programming language. The Ethereum protocol would not 'support' any of the applications directly, but the existence of a Turing-complete programming language means that arbitrary contracts can theoretically be created for any transaction type or application. What is more interesting about Ethereum, however, is that the Ethereum protocol moves far beyond just currency. Protocols around decentralized file storage, decentralized computation and decentralized prediction markets, among dozens of other such concepts, have the potential to substantially increase the efficiency of the computational industry, and provide a massive boost to other peer-to-peer protocols by adding for the first time an economic layer. Finally, there is also a substantial array of applications that have nothing to do with money at all.биржа ethereum

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