One of the key measurements indicates that Ethereum (ETH) had a much higher degree of dependence and growth in the first five years than Bitcoin (BTC).

Compare the total number of addresses in n days for Bitcoin and Ethereum. Source: Cointelegraph, Glassnode, Etherscan.

We compared the total number of addresses generated during the first five years on each of the major blockchain networks. Although the number of titles can be a good indicator of adoption rate, it may not be ideal for various reasons. One reason is that the accounting systems in both networks are different.

Total number of titles in the first five years Ethereum vs. Bitcoin. Source: Cointelegraph, Glassnode, Etherscan.

During the first 600 days, the growth rate in both networks is very similar. In mid-2017, Ethereum's curve has become steeper. The most obvious explanation is the boom in ICOs. The creation, deployment and subsequent deployment of thousands of ERC20 codes has resulted in much faster Ethereum header generation speeds.

Another feature of Ethereum from the very beginning was that it stood on the shoulders of bitcoins and other cryptocurrencies. Although Bitcoin was the world's first decentralized e-currency. Bitcoin adoption has been slow and gradual. The slope was not at the same height as the ICO boom.

We hope this comparison will remain relevant for the next five years.

Source: CoinTelegraph

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