What is Ethereum and how is it different from Bitcoin?
An example of an AI chatbot conversation about Ethereum and its differences from Bitcoin.
What is Ethereum?
Ethereum is a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps).
How is Ethereum different from Bitcoin?
While both are cryptocurrencies, Bitcoin is primarily a digital currency, whereas Ethereum focuses on enabling smart contracts and dApps.
Can you explain what smart contracts are?
Smart contracts are self-executing contracts with the terms of the agreement directly written into code, allowing for automated transactions.
Is Ethereum more versatile than Bitcoin?
Yes, Ethereum's ability to support smart contracts and dApps makes it more versatile compared to Bitcoin's primary function as a currency.
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