This website uses cookies to enhance your experience. By using our website, you consent to the use of cookies. You can read more in our Privacy Policy.
kem
Background image | Dunes
Back

You’ve probably heard of Bitcoin, but Ethereum is another powerful name in the world of digital money. While they look similar at first, they do very different things.

What is Ethereum and How is it different from Bitcoin?

EthereumBitcoinCryptocurrencyBlockchainSmart ContractsETH

What Is Ethereum?

Ethereum is a digital platform that allows people to build apps and programs on the blockchain. Its currency is called Ether (ETH).

While Bitcoin is focused on sending and storing value, Ethereum is designed to be more like a “digital computer” that anyone can use to create tools.

Key Differences from Bitcoin:

1. Smart Contracts: Ethereum introduced “smart contracts.” These are like automatic agreements that happen when conditions are met. For example, you could set up a smart contract to automatically send money when a job is finished.

2. More Than Money: Bitcoin is mainly for payments and storing value. Ethereum is used for apps like games, NFTs, DeFi tools, and more. It’s a whole ecosystem.

3. Faster and Flexible: Ethereum processes transactions faster than Bitcoin and allows more customization. This makes it useful for developers.

4. Still Evolving: Ethereum continues to grow and improve. It recently moved to a new system called “proof of stake,” which uses much less energy.

In short, Ethereum is like the internet for digital finance and apps, while Bitcoin is more like digital gold.

April 01, 2025

You've got questions.
We've got answers.

How do I sign up for a Kem account?

To sign up for a Kem account, visit our website and click on the "Sign Up" button in the top right corner. Fill out the required information including your name, email address, and create a password. Follow the verification process and you'll be all set to use your new Kem account.

How do I reset or change my password?

If you need to reset your password, click on the "Login" button and select "Forgot Password" on the login page. Enter your email address and we'll send you a password reset link. To change your password, log in to your account, go to Profile Settings, and select the "Change Password" option.

What information do I need to update my profile?

To update your profile, log in to your account and navigate to the Profile Settings section. You can update your personal information, contact details, preferences, and profile picture. Make sure to save your changes before exiting.

Can I customize my username or display name?

Yes, you can customize your username or display name through your Profile Settings. Log in to your account, navigate to the Profile Settings section, and look for the "Username" or "Display Name" field. Note that usernames must be unique, so if your desired username is already taken, you'll need to choose a different one.