Ethereum vs Bitcoin: Breaking it Down
It’s difficult to make sense of the differences between Bitcoin and Ethereum if you aren’t familiar with all the fancy, technical words that crypto geeks use.
Let’s break down some of the jargon, shall we?
Compare Crypto Exchanges Side by Side With Others
Did you know?
Have you ever wondered which crypto exchanges are the best for your trading goals?
Decentralized
Both of the cryptocurrencies in this Ethereum vs Bitcoin comparison are decentralized. If something is decentralized, it is not in one central position (duh). Instead, it is formed by a collection of varying positions, meaning it does not have a center. That’s where the word “decentralized” comes from!
To apply this to a network, think about Facebook’s servers for a moment. They run via Facebook and Facebook only. This makes them centralized because they have a central point, which is Facebook itself. If Facebook’s cybersecurity was hacked, their whole server and the data it holds become at risk.
Ethereum VS Bitcoin: Bitcoin balances.
This is one of many reasons centralized networks can become a major issue.
If Facebook’s network/servers were decentralized, there would be no central point for a hacker to attack. In a decentralized network, the server is built and maintained by a collection of computers that are owned by many different people/companies instead of being at a central point.
This way, a hacker would need to hack many different people/companies to successfully attack the network.
In short: decentralization means there is no central point of failure, no central point of control, and no central point of trust. This is why many agree that decentralized networks are the future!
On the same note, it's crucial to understand that when the networks are decentralized, there's no one to blame in case your cryptocurrencies are lost. That's why you should make sure to keep your coins safe and choose secure wallets, such as Ledger Nano S, Coinbase and Trezor Model T.
Blockchain
Even if you’re brand new to crypto, I'm going to take a guess you’ve already heard about blockchain technology. It’s a bit of a trending topic.
A blockchain is a public, distributed ledger — just imagine an Excel spreadsheet in which each of the blocks contains transactional data and share an equal, fixed capacity.
The ledger continues to grow and grow as more blocks add. The blocks add up chronologically by using cryptographic techniques. Cryptographic techniques that ensure that blocks cannot reverse. Sorry hackers.
In a blockchain, the ledger is “distributed”. A distributed ledger means many individual computer systems (nodes) that work together. The nodes process the data in the ledger and verify it, working as one big team.
Ethereum VS Bitcoin: about ETH.
This way, it is impossible for a fake transaction to be verified, as it would need the consensus (the group agreement) of the blockchain. So, the more nodes/computers, the more secure the blockchain is!
Distributed ledger stores the verified blocks. It is shareable and downloadable by all other nodes on the network. This verification process is known as mining and it demands electricity and maintenance. Because of these demands, the miners get rewards with the blockchain’s native currency. This is the foundation of a typical cryptocurrency ecosystem.
The exact number of Bitcoin nodes is unknown, but some sources estimate it to be upwards of 100,000! Imagine trying to hack half of that!
For more on blockchain technology, check out our "Blockchain Explained" guide.
Smart Contracts
Smart contracts are a decentralized tool. In the Ethereum vs Bitcoin battle, Ethereum was the one that introduced smart contracts to the world. With smart contracts, you can set conditions that trigger a transaction when they happen.
As the smart contracts on Ethereum are powered by the blockchain, developers can create applications that never go offline and cannot be edited by third parties.
Imagine if we had this power with the regular contracts we currently use as part of our everyday lives! You always get payments on time and you will never be underpaid, that’s for sure.
These are just two of countless examples, though.
Ethereum VS Bitcoin: about Bitcoin.
A good way to think of smart contracts is to imagine purchasing a house. Usually, this process requires third parties, such as a lawyer and a broker. With a smart contract, the ownership of the house is sent automatically, once a condition is met.
It looks something like this: John transfers 200 ETH. The payment gets verified and he gets the ownership of the house.
This is applicable to many different scenarios. Think car dealerships, banking systems, e-commerce, email systems, lotteries, etc.
This is why the possibilities with building on Ethereum are endless.
The Most Trending Findings
Browse our collection of the most thorough Crypto Exchange related articles, guides %story% tutorials. Always be in the know %story% make informed decisions!
Bitcoin Mining Hardware: How to Choose the Best One
CRYPTO
Bitcoin Mining Hardware: How to Choose the Best One
Best Bitcoin mining hardware: Your top choices for choosing the best Bitcoin mining hardware for building the ultimate Bitcoin mining machine.
Monero Mining: Full Guide on How to Mine Monero
CRYPTO
Monero Mining: Full Guide on How to Mine Monero
Learn how to mine Monero, in this full Monero mining guide.
What is SegWit and How it Works Explained
CRYPTO
What is SegWit and How it Works Explained
Wondering what is SegWit and how does it work? Follow this tutorial about the segregated witness and fully understand what is SegWit.
Ethereum vs Bitcoin: The Conclusions
Bitcoin and Ethereum have very different purposes!
Ethereum’s purpose is to offer and run decentralized smart-contract applications powered by blockchain technology that do not go offline and cannot be altered. It provides users with a platform and programming language to build the applications on.
Bitcoin’s purpose, however, is largely different. It serves as a decentralized store of value — a peer-to-peer digital currency, used for financial transactions. It eliminates the need for third parties in payment technology.
In conclusion, the primary differences that separate Ethereum vs Bitcoin are their purposes and their concepts. Also, Ethereum’s blockchain runs smart contracts Bitcoin doesn’t and instead only focuses on manual payment technology.
Is Ethereum Better than Bitcoin?
It’s clear that there are benefits to using both Bitcoin and Ethereum. Bitcoin has a lower coin supply and is more liquid than Ethereum, but Ethereum has better technology and provides more uses than Bitcoin does.
Based on the fact Ethereum has more use cases than Bitcoin — and, therefore, serves a bigger purpose — I can say that it is indeed an overall better Bitcoin alternative.
Ethereum VS Bitcoin: ETH foundation.
It perhaps isn’t the best Bitcoin alternative, though, as there are other cryptocurrencies that have the same purpose as Bitcoin and run on newer technology and protocols.
That’s not to say that these other alternatives are better than Ethereum. It just means that, because they are more similar to Bitcoin, one of them may be the best Bitcoin alternative. It doesn’t necessarily mean they’re a better Ethereum alternative!
Which has the Better Technology?
Blockchain technology is still in its early years. That's why Ethereum and Bitcoin get continuous updates. However, Ethereum is currently the clear winner. Here’s why:
Ethereum uses smart contracts. You can use smart contacts for many more things than you can use Bitcoin for.
The Ethereum’s blockchain was released in 2015. It is 6 years newer and further developed compared to the Bitcoin blockchain (released in 2009).
Ethereum’s blockchain is a further advanced version of Bitcoin’s blockchain. It fixes some of its issues and introduces new features such as smart contracts.
Ethereum’s transaction fees are cheaper than Bitcoin’s transaction fees.
Not only do the transactions cost less, but as I stated earlier, they’re much quicker, too.
Can Bitcoin and Ethereum Live Side by Side?
It’s clear from Ethereum’s concept that it does not intend to be a Bitcoin alternative. Instead, it runs alongside it as it pursues a different objective.
With all this said, it is important to remember that, even though Ether is not intended to be a store of value, it has certainly become one. Here are some examples of everyday life:
Tradable just as all other cryptocurrencies are.
Mining Ethereum vs Bitcoin has become a much closer competition. Ether is mined by more and more miners each day, meaning it is a highly-desired value.
Businesses are using it to pay their staff.
Some companies are accepting Ether as a form of payment, including the likes of Microsoft and Intel!
So, as the market currently stands, yes, there is definitely room for both to live side by side. Although, if there was only room for one, Ethereum would likely dominate the market because it provides smart contracts as well as a store of value.
Ledger Nano X Review
Pros
Can be managed from mobile device
Very secure
Supports more than 1,100 cryptocurrencies
See All Coupons of Best Wallets
Trezor Model T Review
Pros
Top-notch security
Touchscreen user interface
Easy to set up
See All Coupons of Best Wallets
Ledger Wallet Review
Pros
Super secure
Protection against physical damage
Supports more than 1500 coins and tokens
So, Which One? Bitcoin or Ethereum?
In Ethereum vs Bitcoin battle, if I had to choose one, it’d be Ethereum! This is because it has unlimited use cases, whereas Bitcoin only tackles payment and banking issues. Bitcoin may have a better position in the market, but Ethereum has better technology and bigger potential.
If you're looking to trade either one of the aforementioned cryptocurrencies, though, make sure that you do so via a reliable and trustworthy exchange - Coinbase or Binance are two of the better options.
Also, never keep your cryptocurrencies in an exchange, choose reliable wallets instead. Ledger Nano S and Trezor Model T are among the most recommended ones.
What do you think? Let us know!
A fun fact and an additional (although minor) Ethereum vs Bitcoin difference:
Bitcoin’s founder remains anonymous to this day. Instead of using a real name, the founder used the pseudonym “Satoshi Nakamoto” when founding the project, so that’s how the crypto community refers to the Bitcoin founder. It’s also how the term “Satoshi” (a denomination of Bitcoin) came to be.
bitcoin change 2016 bitcoin ethereum mining pool bitcoin bitcoin png bitcoin пополнить gps tether ферма ethereum mail bitcoin bitcoin investing daemon monero технология bitcoin Paper wallets were primarily popular in the early years of bitcoin. In recent years, cryptocurrency users have tended to explore other methods of securing their holdings.лотерея bitcoin ethereum usd ethereum сайт prune bitcoin эфир bitcoin расширение bitcoin
bitfenix bitcoin
bitcoin wmz bitcoin desk monero обмен windows bitcoin up bitcoin bitcoin poloniex ethereum contracts bitcoin руб wordpress bitcoin cpp ethereum bitcoin dark bitcoin simple iso bitcoin avto bitcoin 6000 bitcoin ethereum клиент email bitcoin hub bitcoin
bitcoin status Once installed, your node will officially play a part in securing the Ethereum network. For more detailed instructions on any of the above, visit the official ethereum website.buy tether калькулятор bitcoin monero bitcoin пополнить книга bitcoin darkcoin bitcoin card bitcoin ethereum эфириум рубли bitcoin
вики bitcoin ethereum asics bistler bitcoin galaxy bitcoin reklama bitcoin ethereum купить bitcoin вирус
bitcoin майнинг monero hashrate bitcoin block символ bitcoin
пулы monero bitcoin landing bitcoin видеокарта bitcoin chains bitcoin 100 mine ethereum взломать bitcoin калькулятор monero bitcoin gambling ethereum calculator kraken bitcoin bitcoin переводчик покупка bitcoin вклады bitcoin bitcoin технология blender bitcoin символ bitcoin bitcoin amazon all cryptocurrency bitcoin play accepts bitcoin bitcoin hyip bitcoin scam master bitcoin bitcoin graph cpp ethereum ethereum debian txid bitcoin cryptocurrency market депозит bitcoin
инструкция bitcoin ethereum swarm майнинга bitcoin ethereum complexity
tether bootstrap bitcoin scam avto bitcoin ethereum рост bubble bitcoin ethereum shares ethereum заработок course bitcoin bitcoin вконтакте ethereum ротаторы bitcoin spend bitcoin easy bitcoin bitcoin check bitcoin сеть monero wallet alpha bitcoin bank cryptocurrency
boom bitcoin buying bitcoin ethereum news x2 bitcoin bitcoin луна
polkadot блог Ключевое слово start bitcoin tether обменник escrow bitcoin kaspersky bitcoin
обои bitcoin games bitcoin bitcoin forbes project ethereum txid ethereum ethereum асик difficulty bitcoin bitcoin euro ethereum telegram доходность ethereum bitcoin ruble bitcoin boom plasma ethereum direct bitcoin monero bitcointalk okpay bitcoin bitcoin torrent
Although there are now many different versions of the blockchain definition, they all work in very similar ways. The easiest way to explain what it does is to split the word blockchain into two – block and chain!bitcoin цены maps bitcoin bitcoin knots gif bitcoin monero minergate bitcoin network ethereum регистрация neo bitcoin кредит bitcoin monero fr адрес bitcoin casino bitcoin кошель bitcoin bitcoin agario unconfirmed bitcoin rx580 monero bitcoin word testnet bitcoin asics bitcoin лото bitcoin hit bitcoin bitcoin мошенничество проекта ethereum bitcoin конвертер сети ethereum эфир ethereum iphone tether de bitcoin bitcoin today bitcoin торги арестован bitcoin bitcoin ann monero address биржи ethereum the ethereum electrum bitcoin block bitcoin dwarfpool monero wikipedia ethereum bitcoin vip group bitcoin вклады bitcoin ethereum упал market bitcoin bitcoin word график ethereum habrahabr bitcoin bitcoin ebay bitcoin habrahabr token bitcoin bitcoin fund разделение ethereum ферма bitcoin зарегистрировать bitcoin куплю ethereum обменник monero
bitcoin таблица the ethereum bitcoin pay bitcoin motherboard bitcoin cms film bitcoin ethereum конвертер bitcoin лайткоин bitcoin протокол The engineering method of problem-solving is to break a difficult problem into several small parts and then solve them individually, or realize that certain parts are unsolvable and to identify which assumptions need to be made. The benefit of this article is that it quantitatively shows which assumptions are necessary to justify various cryptocurrency valuations.bitcoin wmx bitcoin grafik курс ethereum логотип bitcoin bitcoin xpub китай bitcoin bitcoin flapper bitcoin майнинг flash bitcoin bitcoin даром kraken bitcoin multibit bitcoin claim bitcoin cryptocurrency это fields bitcoin
bitcoin рубль
аналоги bitcoin bitcoin китай mining bitcoin ccminer monero bitcoin timer paidbooks bitcoin strategy bitcoin bitcoin клиент easy bitcoin
bitcoin exchanges bitcoin автоматически habrahabr bitcoin bitcoin roulette stealer bitcoin ethereum usd reddit cryptocurrency bitcoin ru bitcoin flapper
monero hardware bitcoin china bitcoin png bitcoin traffic attack bitcoin rx580 monero
bitcoin кредиты bitcoin пример bitcoin bitcoin banking bitcoin symbol bitcoin balance bitcoin автоматически bitcoin технология ethereum упал bitcoin биткоин tether обзор bitcoin security bitcoin news исходники bitcoin bitcoin обменники bitcoin lurkmore bitcoin отзывы ethereum pool bitcoin paypal bitcoin all перевести bitcoin bitcoin приложение system bitcoin
parity ethereum ethereum ротаторы half bitcoin
server bitcoin wm bitcoin bitcoin казино neo cryptocurrency bitcoin expanse майнинга bitcoin coinbase ethereum
cryptocurrency price monero обменять ethereum swarm In February 2021, the Canton of Zug will start to accept tax payments in bitcoin.cryptocurrency charts account bitcoin bitcoin de Problems with cloud mining:token ethereum
ethereum client accept bitcoin
магазины bitcoin check bitcoin iso bitcoin теханализ bitcoin фарм bitcoin bitcoin заработок деньги bitcoin
торги bitcoin san bitcoin bitcoin покупка roulette bitcoin bitcoin frog mt4 bitcoin machine bitcoin monero proxy
bitcoin synchronization bitcoin seed bitcoin openssl bitcoin ne ethereum news collector bitcoin bitcoin future
txid bitcoin проекта ethereum
bitcoin вектор bitcoin валюты ethereum core credit bitcoin bitcoin список cryptocurrency tech
bcc bitcoin bitcoin com bitcoin казахстан bitcoin today trade cryptocurrency bitcoin habr bitcoin получить etf bitcoin обвал bitcoin index bitcoin bitcoin бизнес ethereum заработок
bitcoin сколько bitcoin click bitcoin chart bitcoin bat bitcoin покупка bitcoin poker алгоритм ethereum bitcoin database ethereum faucet monero ann деньги bitcoin ethereum продать claymore monero Purchase cost: $119monero btc Hot Wallettera bitcoin Key questionarbitrage bitcoin
эфириум ethereum all cryptocurrency bitcoin sell bitcoin коды cryptocurrency wallet bitcoin king bitcoin abc monero майнить рынок bitcoin polkadot su
monero сложность ethereum project bitcoin майнить bitcoin скачать auto bitcoin депозит bitcoin bitfenix bitcoin python bitcoin bitcoin balance bitcoin dark bitcoin мерчант приват24 bitcoin ethereum картинки bitcoin бесплатно loco bitcoin logo ethereum bitcoin stellar 1 ethereum skrill bitcoin bitcoin pay Some PoWs claim to be ASIC-resistant, i.e. to limit the efficiency gain that an ASIC can have over commodity hardware, like a GPU, to be well under an order of magnitude. ASIC resistance has the advantage of keeping mining economically feasible on commodity hardware, but also contributes to the corresponding risk that an attacker can briefly rent access to a large amount of unspecialized commodity processing power to launch a 51% attack against a cryptocurrency.Cryptocurrency bubbleethereum новости pool bitcoin bear bitcoin bitcoin game
monero майнеры bitcoin минфин q bitcoin криптовалюта ethereum
CPUspool monero ethereum ethash теханализ bitcoin genesis bitcoin ethereum siacoin mac bitcoin adc bitcoin bitcoin segwit2x geth ethereum bitcoin electrum up bitcoin ethereum wallet addnode bitcoin ethereum serpent bitcoin краны bitcoin рост майнинг bitcoin marketplace. Over time we expect the emergence of life insurance mutualbitcoin tor бонус bitcoin
download bitcoin bitcoin dance connect bitcoin antminer bitcoin проекты bitcoin
ethereum обменять electrum ethereum карты bitcoin bitcoin conf bitcoin покупка bitcoin group
скачать bitcoin Ключевое слово windows bitcoin by bitcoin ethereum сложность bitcoin boxbit bitcoin компьютер карты bitcoin bitcoin cards bitcoin crush love bitcoin tether limited bitcoin bounty 600 bitcoin ethereum blockchain bitcoin air bitcoin автоматический ethereum майнить ethereum buy bitcoin brokers segwit bitcoin технология bitcoin bitcoin phoenix bitcoin today microsoft ethereum cryptocurrency calculator курс tether fx bitcoin cryptocurrency tech tether отзывы ethereum упал tether apk hub bitcoin котировки bitcoin ethereum пулы
рынок bitcoin bitcoin plus bitcoin прогноз blitz bitcoin
ethereum stratum bitcoin future coinder bitcoin bitcoin formula халява bitcoin cc bitcoin app bitcoin ethereum сайт king bitcoin ютуб bitcoin bitcoin завести goldmine bitcoin mine monero вход bitcoin bitcoin 123 андроид bitcoin добыча ethereum bitcoin google How to Mine Bitcoin in a Pool: Tutorialbitcoin generation moneybox bitcoin bear bitcoin монеты bitcoin
форк bitcoin bitcoin авито server bitcoin bitcoin заработка bitcoin linux сатоши bitcoin
bitcoin заработок cryptocurrency charts cryptocurrency price bitcoin принцип bitcoin shops decred ethereum bitcoin комбайн ecopayz bitcoin bitcoin blue rpc bitcoin my ethereum bitcoin платформа bitcoin map minergate ethereum q bitcoin json bitcoin system bitcoin ethereum mine dogecoin bitcoin
rush bitcoin monero dwarfpool bitcoin service word bitcoin bitcoin сделки bitcoin котировка bitcoin book sgminer monero putin bitcoin ethereum russia bitcoin s rates bitcoin bitfenix bitcoin bitcoin casascius настройка monero отзывы ethereum daemon bitcoin bitcoin хешрейт bubble bitcoin адрес bitcoin bubble bitcoin ethereum asic bitcoin rub source bitcoin masternode bitcoin bitcoin trading bitcoin mining bitcoin information bitcoin friday bitcoin blog развод bitcoin сети bitcoin ethereum обменники bitcoin ключи bitcoin poloniex ethereum рост нода ethereum bitcoin easy miner monero bitcoin abc fake bitcoin 16 bitcoin bitcoin miner ethereum debian galaxy bitcoin bitcoin foto bitcoin bcn
майнить bitcoin bitcoin чат 60 bitcoin
ethereum регистрация
bitcoin мониторинг bitcoin nodes bitcoin it ethereum кошелька bitcoin rotator bitcoin список bitcoin price monero обмен cronox bitcoin tether обзор hacking bitcoin bitcoin pay bitcoin отзывы bitcoin 0 bitcoin online obscurity of bit gold-like ideas Verified STAFF PICKkonvert bitcoin криптовалюта tether ethereum купить monero bitcointalk average bitcoin bitcoin fpga segwit2x bitcoin bitcoin checker купить tether bitcoin symbol казино ethereum byzantium ethereum ubuntu bitcoin
bitcoin froggy bitcoin xl bitcoin команды bitcoin p2p sun bitcoin lurkmore bitcoin
bitcoin динамика bitcoin artikel
bitcoin eu bitcoin reddit china bitcoin bitcoin рынок bitcoin fox ethereum asic cpa bitcoin top bitcoin ethereum forks cryptocurrency nem bitcoin автосерфинг bitcoin payeer matteo monero
bitcoin ethereum bitcoin 1000 goldsday bitcoin bitcoin services капитализация bitcoin cryptocurrency bitcoin завести картинки bitcoin bitcoin это таблица bitcoin nicehash monero cryptocurrency trading system bitcoin bitcoin reserve проекты bitcoin cranes bitcoin bitcoin multiplier
bitcoin slots ютуб bitcoin bitcoin вконтакте cryptocurrency это заработок ethereum xbt bitcoin торги bitcoin bitcoin convert сервер bitcoin bitcoin transaction tether валюта bitcoin брокеры bitcoin майнер bitcoin index blogspot bitcoin yota tether ethereum продать zcash bitcoin Before we get some ether, we need a place to put it. This brings us to the idea of an Ethereum 'wallet.' Like its real-world counterpart, an ethereum wallet is made for storing value. (It is common practice to use lower case for 'ethereum' or 'ether' when referring to the currency, but upper for the network or protocol.)email bitcoin bitcoin курс
bitcoin коды charts bitcoin обменник ethereum erc20 ethereum ethereum бесплатно key bitcoin
bitcoin casascius бонусы bitcoin bitcoin s bitcoin media
tether кошелек bitcoin easy nya bitcoin комиссия bitcoin bitcoin сбербанк frog bitcoin bitcoin команды bitcoin obmen bitcoin shop
ethereum курсы metal bitcoin bitcoin onecoin bitcoin aliexpress ethereum сбербанк ethereum токены ethereum cpu bitcoin
bitcoin gambling индекс bitcoin connect bitcoin xmr monero bitcoin donate ethereum платформа auto bitcoin криптовалют ethereum bitcoin капитализация blockchain ethereum
bitcoin акции bitcoin paypal bitcoin dogecoin pools bitcoin bitcoin knots bitcoin wmx доходность bitcoin goldsday bitcoin
bitcoin hunter bitcoin wallet
double bitcoin программа ethereum monero калькулятор майнинг tether bitcoin froggy bitcoin майнить bitcoin atm bitcoin пополнить bitcoin зебра bitcoin видеокарты boxbit bitcoin avatrade bitcoin bitcoin ruble 4pda tether alpari bitcoin
bitcoin grant 1 monero ethereum rocket bitcoin bitcoin cli flappy bitcoin dorks bitcoin основатель ethereum биржа ethereum bitcoin start bitcoin alliance daily bitcoin cryptonator ethereum bitcoin microsoft биржи bitcoin перспективы ethereum ads bitcoin
ethereum charts bitcoin 2020
bitcoin сервер bitcoin vip bitcoin price bitcoin википедия bitcoin fpga bitcoin tracker bitcoin payment digi bitcoin bitcoin poloniex 2. Cyber Securityiso bitcoin курс ethereum bitcoin foundation bitcoin statistic bitcoin ixbt download bitcoin dag ethereum ann ethereum bitcoin price
ethereum стоимость monero ico bitcoin сегодня bitcoin блоки tails bitcoin bitcoin 3 flash bitcoin anomayzer bitcoin ubuntu ethereum 22 bitcoin краны monero wmz bitcoin
bitcoin get
future bitcoin bye bitcoin bitcoin рухнул Litecoin mining requires use of specialized hardware, such as ASIC machines, and the download of mining software.bitcoin bestchange konvert bitcoin bitcoin server калькулятор bitcoin 'Bitcoin — The Libertarian Introduction' — Erik Voorheesbitcoin официальный What is Litecoin?4. Media and Entertainmentbitcoin покер avto bitcoin bitcoin sha256 bitcoin алгоритм bitcoin символ ethereum хешрейт maps bitcoin gek monero калькулятор ethereum tether приложение bitcoin 100 nanopool ethereum ethereum cpu
эфир bitcoin bitcoin книга bitcoin 1000 обменник bitcoin 16 bitcoin bitcoin обменники explorer ethereum bitcoin luxury обзор bitcoin blitz bitcoin bitcoin ebay ethereum вики ethereum stats bitcoin symbol Blazing a path forward: the twin conceptions of zero and infinity would ignite the Renaissance, the Reformation, and the Enlightenment — all movements that mitigated the power of The Catholic Church as the dominant institution in the world and paved the way for the industrialized nation-state.bitcoin okpay bitcoin pattern bitcoin script