If the private key to the wallet is lost, are the bitcoins lost forever?”

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Bitcoin (BTC) and Ethereum (ETH) are the two largest cryptocurrencies, but they have distinct purposes, technologies, and features. Here’s a breakdown of the differences: Bitcoin, a digital currency, focuses on value storage and transactions. Ethereum supports smart contracts and dApps. Ethereum offers faster transactions and evolves with Ethereum 2.0. Bitcoin’s supply is fixed, while Ethereum adapts its monetary policies.