Will Ethereum Remain the Dominant Application Builder, or is There Room for Several?
Ethereum’s Innovative Dominance: Applications Within Applications
Blockchain tech has proven to be a game-changer, with Bitcoin, Litecoin, and others showing us the future of payments and sending value.
Ethereum differs from Bitcoin. It can be used to build decentralized applications (DAPPS) using smart contracts that don’t require an intermediary to manage information. Ethereum is more complex and flexible than Bitcoin, but it does not necessarily mean Ethereum is a direct rival to it.
Both of these blockchains have different use cases. Bitcoin is a peer-to-peer cash system that is also used as a digital alternative to gold, while Ethereum seeks to be the foundation for a multitude of applications to be built on top of its network.
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