Unlike Bitcoin, which has a very limited scripting language, Ethereum is designed to be a general-purpose programmable blockchain that runs a virtual machine capable of executing code of arbitrary and unbounded complexity.
Where Bitcoin’s Script language is, intentionally, constrained to simple true/false evaluation of spending conditions, Ethereum’s language is Turing complete, meaning that Ethereum can straightforwardly function as a general-purpose computer.
- Bitcoin Blockchain
- Bitcoin -> Ownership
- Bitcoin UTXO
- Transfer -> Transition
- Ethereum Blockchain
- General-Purpose State
- Ethereum Account Balance
- State -> Transition