Is ethereum based on bitcoin

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Billionaire Michael Saylor Explains The Difference Between Bitcoin And Ethereum
Top Ethereum projects � MakerDao � Uniswap � Chainlink � Axie Infinity � Aave. Aave is a decentralized lending and borrowing platform that. Ethereum is a decentralized blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, ether. bitcoin and ether. Each was created with different purposes in mind to address separate issues, but they also have many similarities.

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Traders commonly keep an eye on these events as some have created market volatility while others have created no noticeable market movements. Where Bitcoin and Ethereum Meet Despite the above differences, Bitcoin and Ethereum were both born out of a shared endeavor to decentralize economies, industries, and value systems around the world. Take the Next Step to Invest. Ether generally has four purposes: It is traded as a digital currency on exchanges, held as an investment, used to purchase goods and services, and used on the Ethereum network to pay transaction fees. The blockchain technology that powers Ethereum enables secure digital ledgers to be publicly created and maintained.

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