Comparison and Analysis of Data and Transaction Structure of Bitcoin and Ethereum

Abstract

With the increasing maturity of encryption algorithms, digital currency emerges as the times require. Blockchain is a highly attractive candidate for developing digital currency. A better understanding of the mechanisms for Blockchain will benefit the comprehensive future development of Blockchain. In the current study, we observed the data and transaction structure of Bitcoin and Ethereum. Therefore, Our study compared the existing structure of Bitcoin and Ethereum and analyzed the reasons for the change of the Blockchain, providing insights for the future development of the Blockchain. The results of this study indicate that he future development of Blockchain will increasingly meet the increasing number of users, lower the threshold for users, meet increasingly cumbersome functional requirements, expand the scope of blockchain applications, and improve security.