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This was achieved thanks to the use of the evm - the ethereum virtual machine it represents a turing machine that compiles smart contracts directly into bytecode to be sent to the blockchain network in this case, all the costs of using the computer are borne by the network
Difference between bitcoin and ethereum
It is well known that btc and eth are similar in many ways as they to the mobile number list for are blockchain platforms however, the functionality of bitcoin has annoying limitations, as well as the scope in addition, the complexity of the ethereum network remains unchanged, unlike bitcoin
The main feature of bitcoin is the ability to conduct transactions with an increased level of anonymity, which, however, has shown little in practice over time thus, bitcoin is a financial instrument characterized by multifunctionality, decentralization and anonymity
Ethereum is a full-fledged platform for running decentralized applications using smart contract technology unlike btc, ethereum finds application in many different areas
Advantages and disadvantages of ethereum
Considering such a question as the advantages and disadvantages of ethereum, the concept should be divided into two components: cryptocurrency and platform.
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