How are bitcoin and ethereum different?

Bitcoin is primarily designed to be an alternative to traditional currencies and hence a medium of exchange and store of value. Ethereum is a programmable blockchain that finds application in numerous areas, including DeFi, smart contracts, and NFTs.

Is Ethereum better than Bitcoin?

Main Takeaways: Bitcoin vs. Ethereum. … Transactions are faster on the Ethereum network than on Bitcoin’s. Bitcoin is primarily a store of value and medium of exchange; Ethereum is seen as a general purpose blockchain.