Finance Brain
Courses
Home
Sign in
← Ethereum and Smart Contracts
1 / 4
Question
What is the fundamental difference between what Bitcoin and Ethereum enable?
1
Bitcoin is a public blockchain while Ethereum is permissioned, restricting access to verified developers
2
Bitcoin enables faster transactions while Ethereum enables larger transaction sizes
3
Bitcoin enables trustless transfer of value (digital money); Ethereum extends this to trustless execution of logic through smart contracts — enabling decentralised applications, financial protocols, and programmable agreements to run without intermediaries
4
Bitcoin uses proof-of-work while Ethereum uses proof-of-stake, determining their respective energy consumption but not their different functionality
Press 1–4 to pick an answer
Finance Brain