The weather conditions can be predicted where the possible events
associated with the change in weather prediction are a feature that
comes along with the application.
To predict their sales and revenues, the organizations may use this
application for company forecasting, which is another significant
feature.
To carry out a specific function the cycle followed in Augur starts with the
selection of the event, which is then followed by the creation of a market.
The next set of steps involved is the buying and selling of shares and
reporting the outcome. The claim of the winners is the last step involved.
Table 4.2 presents the comparison between Bitcoin and Ethereum:
Difference point
Bitcoin
Ethereum
Year of development
In the year 2009 , it was
developed and launched.
In the year 2015 , it was
developed and launched.
Market Cap
Over 10 billion is the current
market cap.
U nder 1 billion is the current
market cap.
Scalable
At the current point in time, it is
not scalable.
With this, scalability is provided.
Limit of block size
At 1 MB the limit is set
In this case, there is no limit
applied.
Global Exchange Adoption
With this cryptocurrency, this
feature has been included.
With this cryptocurrency, this
feature has not been included.
Mining
ASIC
GPU s
Algorithm used
SHA-25 6 is the algorithm used
Ethash is the algorithm used
Primary usage
Digital currency is the primary
usage of cryptocurrency.
Digital
currency
and
smart
contracts are the primary usages
of cryptocurrency.
Blocks time
Set at 10 minutes is the current
value.
In the range of 12– 14 seconds,
the current value falls.
Cryptocurrency used
Bitcoin
Ether
Table 4.2: Comparing Bitcoin and Ethereum
To ensure the presence of current information and state, Ethereum is the
cryptocurrency in which every node present in the network comprises the