Differences between Bitcoin NFT and Ethereum NFT

Bitcoin’s NFT essentially involves attaching arbitrary data to the smallest unit of Bitcoin, “Satoshi,” whereas Ethereum’s NFTs do not require any attachment; the arbitrary data itself is the NFT asset.

Bitcoin’s NFTs must rely on “Satoshi,” which is one hundred millionth of a Bitcoin, so even if the attached data (NFT) is worthless, at least this NFT can be used as Gas fee or worth one hundred millionth of a Bitcoin’s price. However, Ethereum’s NFTs cannot be used as Gas fees, and if the NFT price drops to zero, it has little significance.

The maximum supply of Bitcoin is 21 million, which means there are theoretically at most 21 million trillion “Satoshis” in existence. Therefore, the number of Bitcoin NFTs is capped, whereas the number of Ethereum NFTs or any Token types has no limit.

Besides these, there are many other differences between Bitcoin and Ethereum NFTs, and the core reason for these differences is that Bitcoin does not support smart contracts, while Ethereum’s programming language Solidity supports the writing of smart contracts. **$NFP **$NFT

BTC1.24%
ETH1.36%
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