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While Bitcoin takes 10 minutes to confirm a transaction, Ethereum averages just 16 seconds. Ethereum is also able to confirm more transactions per second than Bitcoin, averaging 16 over Bitcoin’s 7. The firm will start by adding Bitcoin and Ethereum, and will consider adding other currencies in the future, said the person, who asked to remain anonymous because the matter is private. While bitcoin can only do manual transactions, Ethereum can run programmable transactions via smart contracts. Surprisingly, Ethereum was meant to be a complement to bitcoin. Ethereum builds off the blockchain technology of bitcoin, in order to increase its functionality and to fix its inefficiencies. Mougayar sees the shrinking gap between the value of Bitcoin and Ethereum as a validation of ETH and a reason that ETH should trade higher. Mike Cagney — Sofi via Fortune.com Mike Cagney, CEO of lending startup SoFi sees “fascinating infrastructure applications” with Ethereum and believes that ETH has much greater upside potential than Aside from Bitcoin, Ethereum has the most promise to deliver short-term, real-world benefits. But if you are still trying to figure out how to trade Ethereum, then this post will show you exactly what you need to know to get started. We will also give you an understanding of how the Ethereum Network works, the risks involved, different trading
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