Team Europe | On 23 August 2017

While Bitcoin is all about payment technology, Ethereum Blockchain technology is set to bring much more real-world applications. Discover how the two cryptocurrencies work and differs from one antoher.

Key Figures

Bitcoin nearly tripled in value so far this year while Ether is up roughly 4,000% year-to-date.

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Ether virtually lost all its value in a single day in a June “flash crash”, from 319$ to 10 cents on one exchange before recovering all its losses.

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Key Definition

Blockchain is the DNA of a digital currency that records every single transaction made.

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Ether’s Blockchain is called Ethereum.

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Smart contracts let people exchange not just money but also property, stock, etc. without having to go through a lawyer, notary or other service provider.

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