What Makes Ethereum Unique?
Ethereum has received a lot of attention since it was released in early 2014, by Vitalik Buterin. Ever since then, it has gained popularity and as a result, many people are constantly comparing it to Bitcoin. It is crucial for potential investors to know the differences and similarities between Ethereum and Bitcoin.

Bitcoin
Bitcoin is a virtual currency that was launched more than seven years ago. It was the first currency with an idea stipulated in a white paper by Satoshi Nakamoto. Bitcoin charges very low transaction fees compared other standard online payment mechanisms and is monitored and controlled by a decentralized authority. It is radically different from government issued currency.

Bitcoin is purely a virtual tool, meaning that there is no tangible Bitcoin, only balances linked to private and public keys. For many years, more and more people have started to appreciate the use of virtual currencies and its popularity has increased among government bodies as well as regulators.

Although bitcoin is not globally recognized as a store of value or medium for payment, it has created a name for itself and continues to pave its way in the financial system in spite of being constantly debated and scrutinized.