One of the extremely few programmers with knowledge of both Ethereum (ETH) and Bitcoin (BTC) is Tony Cai. So, he made the decision to examine the variations between the two while wearing his Web3 developer hat. He was able to steer clear of both maximalisms and highlight the advantages of the two blockchains.
Bitcoin (BTC) or Ethereum (ETH): Which one is better for developer?
Building on Bitcoin (BTC) is considerably safer, to start with. It provides prospective assailants with less surface area. Contrarily, Cai said in a recent Twitter thread, using Ethereum (ETH) smart contracts, a bug in two lines of code may cost the team, customers, and investors millions of dollars.
Additionally, Ethereum (ETH) development is less concentrated than Bitcoin (BTC), where the “next big things” are always emerging. Developers follow an unobstructed “clear path of innovation” in the Bitcoin (BTC) ecosystem.
As no token can launch on Bitcoin (BTC) as is, developers do not have to worry about designing balanced and attack-resistant tokenomic designs. For Ethereum (ETH) applications, developing attractive and successful tokenomics is crucial for long-term product development.
Developers of Bitcoin (BTC) can instead concentrate on one specific product and its user-centric design:
In order to give our consumers additional value, Bitcoin is all about pure product development. Our intention? without the noise, achieving product-market fit.
As previously reported by U.Today, the Wall Street Journal claimed in February 2023 that Bitcoin Core made the Bitcoin (BTC) development process centralised and susceptible to censorship; experts from CoinShares debunked this claim.
Ethereum (ETH) celebrates devs, not podcasters
However, Cai must concede that the infrastructure for developers on Ethereum (ETH) is far more advanced and mature. All sorts of apps that may be implemented on Bitcoin (BTC) are represented by lightning apps, fiat on-ramps, multi-sigs, and wallets.
Additionally, Ethereum (ETH) streamlines the onboarding process for new developers through a variety of hackathons. Because of this, engineers working on Ethereum (ETH) feel welcomed right away.
Finally, Cai said that the Bitcoin (BTC) community should listen to the opinions of its developers much like Etherians do. Despite all of its advantages and disadvantages, he believes that Bitcoin (BTC) development “feels right” overall.
The Ethereum (ETH) community frequently criticises Bitcoin (BTC) of being centralised in a variety of ways, it should be emphasised.
