Why I prefer BCH or SOL over Ethereum?

22 Jun 2024

Each individual prefer some things in any project due to its nature and conditions. My first love in crypto was an ERC20 token (1up) of uptrend which has been dead now and second one was also from Ethereum Blockchain (SWG) from swerge network and which has survival yet. Bitcoin cash ( BCH) is in my portfolio since 2021 and found it cherishing along with SOL since 2022.

Bitcoin Cash (BCH) is a cryptocurrency that was created in August 2017 as a result of a hard fork of the original Bitcoin blockchain. It aims to address some of the scalability issues of Bitcoin by increasing the block size limit. This allows for more transactions to be processed in each block, which can help reduce transaction fees and improve the overall efficiency of the network.

One of the key differences between Bitcoin Cash and Ethereum is their approach to scalability. Bitcoin Cash aims to increase the block size limit to handle more transactions per block, while Ethereum is working on a more complex solution called Ethereum 2.0, which involves changing the underlying consensus mechanism from Proof-of-Work to Proof-of-Stake and implementing sharding to improve scalability.

Another difference is their programming languages. Bitcoin Cash uses a slightly modified version of Bitcoin's scripting language.

Bitcoin's scripting language.
Bitcoin's scripting language is a way of specifying the conditions that must be met in order for a transaction to be considered valid. It is used to control the flow of funds in the Bitcoin network and to enforce the rules of the Bitcoin protocol.

There are several different types of scripts that can be used in Bitcoin transactions, including

  • P2SH (Pay-to-Script-Hash)
  • P2WSH (Pay-to-Witness-Script-Hash).
  • OP_RETURN (Script Operator for Return).
  • OP_IF (Script Operator for If).

Scripts are written in a specific syntax and must be evaluated by the Bitcoin network to ensure that they are valid. They are an important part of the Bitcoin protocol and are used to enforce the rules of the network and to provide additional functionality to transactions.

while Ethereum uses its own programming language called Solidity.

Ethereum language (Solidity).
Solidity is a programming language used to write smart contracts on the Ethereum blockchain. It was created by Vitalik Buterin, the co-founder of Ethereum, and is designed to be a high-level, statically-typed language that is easy to learn and use.

Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. They can be used to facilitate, verify, and enforce the negotiation or performance of a contract. In the case of Ethereum, smart contracts are executed on the Ethereum blockchain, which is a decentralized, distributed ledger that records all transactions on the network.

This allows smart contracts to be executed in a predictable and consistent manner, regardless of the underlying hardware and software.

Solidity is a critical component of the Ethereum ecosystem, and it plays a key role in enabling the development of decentralized applications on the network.

Solidity is specifically designed for writing smart contracts on the Ethereum blockchain. It is a Turing-complete language, which means that it can express any computation that can be performed by a computer. This allows for a wide range of applications to be built on the Ethereum network, from simple contracts that automate routine processes to complex decentralized applications (dApps) that can change the way we interact with the world.

One of the key features of Solidity is its ability to interact with the Ethereum virtual machine (EVM), which is the engine that runs smart contracts on the Ethereum blockchain. The EVM is a virtual machine that is specifically designed to execute smart contracts, and it is built into every node on the Ethereum network. This allows smart contracts to be executed in a predictable and consistent manner, regardless of the underlying hardware and software.

The choice between Bitcoin Cash or Solana and Ethereum depends on your specific needs and preferences. If you prioritize transaction speed and low fees, Bitcoin Cash and Solana may be a better option for you. If you value the ability to run complex smart contracts and are comfortable with the technical details of Ethereum's development roadmap.

Definitely Bitcoin Cash (BCH) and Solana ( SOL) has commanding edge over Ethereum which gives me vital choice to be in its side. BCH & SOL are unique in their house and will remain in my priority list.!!!

Note: The article also published on my read.cash wall.
The lead image taken from Pixabay.

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