Bitcoin and Ethereum Set Different Rules for Blocks and Token Supply
Photo: TokenPost
Bitcoin (BTC) and Ethereum take different approaches to producing blocks and managing their native assets, reflecting the networks’ distinct design aims. Bitcoin’s original design focused on peer-to-peer electronic cash. Ethereum was conceived as a programmable platform for smart contracts and decentralized applications. Bitcoin uses proof-of-work: miners use computing power to produce valid blocks. The network aims for a new block at an average interval of 10 minutes. That is a target pace, not a guarantee that every block will arrive exactly 10 minutes after the last one. Bitcoin’s protocol caps total issuance at 21 million BTC.
Source: TokenPost
