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Ethereum Classic (ETC): How It Differs from Ethereum & What’s Next

Did you know that Ethereum Classic (ETC) is the original Ethereum blockchain—and it still exists today, running parallel to Ethereum (ETH)? Created in 2015, the chain split in 2016 after a $60 million hack triggered one of the most heated debates in crypto history. While the Ethereum community voted to reverse the damage through a hard fork, Ethereum Classic chose a different path: preserving the original ledger to uphold the principle that “code is law.” Since then, ETC has evolved into a distinct blockchain network, maintaining Proof-of-Work consensus and a fixed monetary policy. This guide explores Ethereum Classic in detail—how it works, how it differs from Ethereum, and what the future may hold for ETC. What Is Ethereum Classic? Ethereum Classic (ETC) is a decentralized, open-source blockchain network that supports smart contracts and decentralized applications (dApps). It is the continuation of the original Ethereum blockchain launched in 2015 and is best known for its commitment to preserving the immutability of blockchain records. At its core, Ethereum Classic functions as a programmable blockchain platform, similar to Ethereum, using the Ethereum Virtual Machine (EVM) to execute code and deploy decentralized applications. It allows developers to create and launch smart contracts—self-executing pieces of code that run without the need for intermediaries. What distinguishes Ethereum Classic from many other platforms is its adherence to the philosophy that the blockchain ledger should never be altered, even in the event of errors or hacks. This belief was solidified during the infamous DAO incident, when ETC opted not to implement a hard fork, unlike Ethereum. As a result, Ethereum Classic remains ideologically and technically committed to the principles of immutability, decentralization, and censorship resistance. How Ethereum Classic Works Ethereum Classic functions as a decentralized blockchain platform, enabling smart contracts and digital transactions without centralized control. 1. Consensus Mechanism – Proof-of-Work (PoW) Ethereum Classic uses a PoW system, where miners compete to solve cryptographic puzzles. The first to solve it validates a block of transactions and adds it to the blockchain. This process ensures network security and integrity. 2. Smart Contract Execution – Ethereum Virtual Machine (EVM) ETC uses the EVM to run decentralized applications. Smart contracts deployed on Ethereum Classic behave autonomously and execute exactly as programmed, with no possibility of fraud or third-party interference. 3. Transaction Fees – Gas and ETC To execute a transaction or smart contract, users must pay gas fees in ETC. Gas limits and prices are used to prevent spam and ensure efficient use of network resources. 4. Decentralized Network – Full Nodes and Miners Thousands of nodes around the world maintain the ETC ledger and independently verify each block. Miners provide computational power to secure the network and earn rewards in ETC. 5. Fixed Supply – Monetary Policy Ethereum Classic has a hard cap of approximately 210.7 million ETC. It follows a deflationary issuance model, reducing mining rewards by 20% every 5 million blocks in events known as “fifthenings.” 6. Ideological Commitment – Code is Law The network maintains its original stance on immutability, meaning that once data is written to the blockchain, it cannot be changed—even in cases of hacks or errors. This foundational principle differentiates ETC from its sibling, Ethereum. History of Ethereum Classic The story of Ethereum Classic is rooted in one of the most significant events in blockchain history: the DAO hack and the resulting ideological split in the Ethereum community. 2015 – Launch of Ethereum: Ethereum was launched by Vitalik Buterin and a team of developers as a programmable blockchain platform, introducing smart contracts and the Ethereum Virtual Machine (EVM). 2016 – The DAO and the Hack: The DAO (Decentralized Autonomous Organization), an investor-directed venture fund built on Ethereum, raised over $150 million in ETH. In June 2016, an attacker exploited a vulnerability in its smart contract code, siphoning off approximately $60 million worth of ETH. July 2016 – The Ethereum Hard Fork: To recover the stolen funds, the Ethereum community voted to implement a hard fork at block 1,920,000. This decision effectively rewound the blockchain, nullified the hacker’s transactions, and returned the ETH to DAO investors. The majority of users and developers—including the Ethereum Foundation—migrated to the new chain. Birth of Ethereum Classic: A group of community members strongly opposed altering the blockchain’s history. They continued to support and maintain the original, unaltered chain, which was soon renamed Ethereum Classic. This marked the ideological beginning of ETC, based on the principle that “code is law.” 2017–2019 – Infrastructure and Identity Building: Ethereum Classic formed its own development teams and governance structure. During this time, it worked to maintain EVM compatibility while developing a separate identity and reinforcing its philosophical stance. 2019–2020 – Security Incidents: ETC experienced several 51% attacks due to its lower hash rate compared to Ethereum. These attacks resulted in chain reorganizations and double-spending incidents, raising concerns about network security. 2020–2022 – Defensive Upgrades: To address security risks, Ethereum Classic implemented multiple upgrades such as Thanos and Magneto, which improved mining access and node performance. The chain also permanently removed Ethereum’s “difficulty bomb,” committing to remain a Proof-of-Work network. Post-2022 – Impact of Ethereum Merge: When Ethereum transitioned to Proof-of-Stake in 2022 (the Merge), many ETH miners redirected their hash power to Ethereum Classic. This increased ETC’s network security and reinforced its role as a leading Proof-of-Work smart contract platform. Ethereum vs. Ethereum Classic: Key Differences Though Ethereum Classic (ETC) and Ethereum (ETH) share a common origin, they have evolved into two distinct blockchain networks with different philosophies, technologies, and trajectories. Aspect Ethereum Classic (ETC) Ethereum (ETH) Philosophy & Governance “Code is law” — prioritizes immutability, minimal governance intervention Pragmatic, flexible governance; decisions based on social consensus Consensus Mechanism Proof-of-Work (PoW); mining-based validation Proof-of-Stake (PoS); validators secure the network by staking ETH Monetary Policy Fixed supply (~210.7 million ETC); block rewards decrease over time via “fifthening” No fixed cap; ETH may become deflationary due to fee burning (EIP-1559) Development & Ecosystem Smaller developer base; fewer dApps; focus on EVM compatibility and stability Large, active developer community; thousands of dApps; rapidly evolving ecosystem Scalability No native scaling solutions; conservative upgrade path Active Layer 2 adoption, sharding roadmap, and scalability-focused innovation Security History Experienced multiple 51% attacks (2019–2020); improved security since Ethereum’s PoS switch Strong security record; no major consensus attacks; supported by large validator base Market Position Niche platform with ideological support for immutability and PoW Industry leader for smart contracts, DeFi, and NFTs with broad adoption Ethereum Classic (ETC) Price Prediction 2025, 2026-2030 Forecasting the future price of Ethereum Classic (ETC) involves analyzing current trends, historical performance, and broader market factors. While no prediction is guaranteed, several patterns and expert insights help outline possible scenarios for ETC’s price movement. 1. Price Outlook for 2025 Most analysts anticipate moderate growth for ETC over the next year, driven by market recovery, continued Proof-of-Work support, and ETC’s position as a legacy blockchain. Conservative Forecasts: Many algorithm-based models project ETC to trade in the $20–$30 range by the end of 2025, assuming steady market conditions and no major protocol developments. Moderate to Bullish Scenarios: If crypto market sentiment improves significantly, ETC could reach between $50–$60, particularly if it benefits from renewed interest in PoW coins or broader Bitcoin-led rallies. Bearish Possibility: In a scenario of market stagnation or reduced developer activity, ETC could remain near $15–$18, close to its mid-2025 levels. 2. Long-Term Forecast (2026–2030) Long-term predictions vary more widely, influenced by Ethereum Classic’s potential adoption, market cycles, and competition. Conservative Scenario: ETC gradually appreciates to $30–$50 by 2030, assuming it maintains its niche role without major growth in dApp activity. Optimistic Scenario: If Ethereum Classic gains traction as a secure, decentralized PoW platform with sound monetary policy, some models suggest prices could reach $150–$400 by 2030. Pessimistic Scenario: Should ETC fail to evolve or lose relevance amid more scalable and innovative chains, its value could stagnate or decline, potentially falling below $10 in extended bear markets. 3. Key Factors Influencing ETC’s Future Price Broader Crypto Market Trends: ETC, like many altcoins, tends to follow Bitcoin’s price cycles and general market sentiment. Post-Merge Mining Dynamics: ETC may continue to attract former ETH miners, supporting hash rate and network security. Development Activity: Ongoing upgrades and ecosystem growth could improve adoption and investor confidence. Regulatory Landscape: Global policy shifts regarding PoW networks may impact ETC’s accessibility and appeal. Investor Sentiment: As a historically significant and ideologically pure chain, ETC may benefit from narrative-driven interest. Conclusion Ethereum Classic (ETC) remains one of the most ideologically driven blockchain platforms in the crypto ecosystem. Unlike Ethereum, which has embraced flexibility and ongoing innovation, ETC has positioned itself as a defender of blockchain immutability and decentralized governance. With its continued use of Proof-of-Work, fixed supply, and original Ethereum codebase, it appeals to users and investors who value long-term consistency and minimal interference in protocol-level decision-making. Looking ahead, Ethereum Classic’s role in the broader market will depend on its ability to maintain network security, attract development activity, and articulate a compelling use case beyond its historical significance. While it may not match Ethereum in terms of adoption or innovation, ETC offers a unique value proposition rooted in principles that continue to resonate with parts of the crypto community. As a result, Ethereum Classic remains a noteworthy project for those seeking philosophical alignment with the original vision of blockchain technology. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

What Is Ethereum?

Ethereum has become one of the most important platforms in the crypto world, second only to Bitcoin by market capitalization. But beyond its size — now valued at around $300 billion as of mid-2025 — Ethereum stands out for its functionality. It powers decentralized finance (DeFi), NFTs, smart contracts, and countless blockchain applications. In 2024 alone, Ethereum handled over $25 trillion in transactions, proving its role as a global settlement layer for digital assets and on-chain innovation. For investors, Ethereum is more than just a cryptocurrency — it's a foundational technology. Holding ETH offers exposure not only to price appreciation, but also to network activity, staking yields, and the broader growth of Web3. This guide will walk you through what Ethereum is, how it works, its development history, upgrades like Ethereum 2.0, staking, comparisons with Bitcoin, and key terminology — all updated with the latest insights for 2025. What Is Ethereum? Ethereum is a decentralized, open-source blockchain platform that enables the creation and execution of smart contracts — self-executing programs that run exactly as programmed without downtime, fraud, or interference. Unlike Bitcoin, which was created to serve as digital money, Ethereum was built to be much more: a programmable platform for building decentralized applications (dApps) across finance, gaming, identity, and more. Founded by Vitalik Buterin in 2013 and officially launched in 2015, Ethereum introduced a revolutionary idea — a “world computer” that could run trustless applications on a global scale. Since then, it has grown into the leading infrastructure for decentralized finance (DeFi), non-fungible tokens (NFTs), DAOs, and Web3 platforms. Today, Ethereum isn’t just a cryptocurrency project — it's the backbone of a new internet economy. How Ethereum Works Ethereum operates as a decentralized platform where thousands of nodes work together to maintain a shared blockchain and execute applications through smart contracts. 1. Smart Contracts and the EVM Ethereum uses the Ethereum Virtual Machine (EVM) to run smart contracts — pieces of code that execute automatically when certain conditions are met. These smart contracts power everything from DeFi platforms to games and digital art ownership. 2. Transactions and Gas Fees Every action on Ethereum — sending ETH, interacting with a dApp, or minting an NFT — requires a transaction. Users must pay a gas fee, priced in ETH, to compensate validators for the computing resources used. The more complex the action or the busier the network, the higher the gas fee. Since the EIP-1559 upgrade in 2021, part of this fee is burned, reducing ETH supply over time. 3. Consensus Mechanism: From PoW to PoS Originally, Ethereum used Proof-of-Work (PoW) to validate transactions. In 2022, it switched to Proof-of-Stake (PoS) via a major upgrade called The Merge. Now, validators are chosen randomly to propose and validate new blocks by staking ETH, making the network far more energy-efficient — over 99% less energy usage compared to PoW. 4. Scalability Solutions Ethereum’s base layer can handle about 10–15 transactions per second — not enough for mass adoption. To scale, Ethereum relies on Layer-2 solutions like rollups, which bundle many transactions off-chain and post summaries back to the main chain. Additionally, Ethereum plans to introduce sharding, which will split the network into smaller parts (shards) to process transactions in parallel. 5. Security and Decentralization Despite these upgrades, Ethereum remains decentralized. Anyone can run a node, and thousands already do, helping secure the network and verify its data globally. A Brief History of Ethereum 2013–2015: Creation and Launch Vitalik Buterin, a young developer and co-founder of Bitcoin Magazine, published the Ethereum whitepaper in 2013. After a successful crowdfunding campaign in 2014, Ethereum officially launched in July 2015. It introduces smart contracts to blockchain, enabling decentralized applications. 2016: The DAO Hack and Hard Fork A major hack on The DAO smart contract led to a controversial hard fork, splitting Ethereum into two chains: Ethereum (ETH) and Ethereum Classic (ETC). 2017–2018: ICO Boom and Network Stress Ethereum became the foundation for thousands of ICOs and dApps, highlighting its real-world potential — but also exposing serious scalability limitations. 2021: EIP-1559 and Fee Burning The London upgrade introduced a new fee mechanism that burns a portion of transaction fees, reducing ETH supply and making it potentially deflationary. 2022: The Merge (Proof-of-Stake) Ethereum transitioned from Proof-of-Work to Proof-of-Stake, cutting energy consumption by over 99% and enabling ETH staking. 2023–2024: Staking Withdrawals and Scaling The Shapella upgrade (April 2023) enabled staking withdrawals. The Dencun upgrade (March 2024) introduced proto-danksharding (EIP-4844), significantly lowering Layer-2 transaction costs. 2025–2026: Shard Chains (Coming Soon) Ethereum plans to implement shard chains — a method of splitting the network into smaller “shards” to process transactions in parallel. This is expected to massively boost scalability and is the next major milestone in Ethereum’s roadmap. What Is Ethereum 2.0? “Ethereum 2.0” refers to a major set of upgrades that transformed Ethereum into a faster, greener, and more scalable blockchain. While the term is less commonly used now, it originally described Ethereum’s shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS), along with planned scalability improvements like sharding. The most significant milestone was The Merge in September 2022, when Ethereum transitioned to PoS — cutting energy use by over 99% and introducing ETH staking. In 2023, the Shapella upgrade enabled stakers to withdraw their ETH, completing the PoS transition. Scalability is now the focus. In 2024, Ethereum introduced proto-danksharding via the Dencun upgrade, reducing Layer-2 rollup costs and paving the way for full sharding — expected to eventually allow tens of thousands of transactions per second. What Is Ethereum Staking? Ethereum staking is how the network stays secure under its proof-of-stake system. Instead of miners using energy to validate transactions, Ethereum relies on validators — users who lock up ETH as collateral to help maintain the blockchain. To become a validator, you stake 32 ETH and run node software that proposes and verifies blocks. In return, you earn rewards in ETH, typically 4–5% annually, depending on network activity. If you go offline or break the rules, you risk losing part of your stake — a process called slashing. Don’t have 32 ETH? Many users stake through pools and platforms like Lido or exchanges, allowing smaller amounts with less technical setup. Some services even issue liquid staking tokens (like stETH), which let you earn rewards while keeping your ETH usable in DeFi. With the Shanghai upgrade in 2023, stakers can now withdraw their ETH and rewards, adding flexibility and reducing risk. Today, over 34 million ETH is staked, reflecting strong investor confidence. In short, staking turns ETH into a yield-generating asset and plays a vital role in powering and protecting Ethereum’s ecosystem. What’s the Difference Between Ethereum, Ether, and ETH? If you’re new to crypto, the terms “Ethereum,” “Ether,” and “ETH” can be confusing — but they refer to different (yet related) things: Ethereum: This is the blockchain platform itself — a decentralized network that runs smart contracts and decentralized applications (dApps). When people say they're "building on Ethereum," they’re talking about using the Ethereum network and technology, not the currency. Ether: Ether is the native cryptocurrency of the Ethereum network. It’s what you use to pay for transaction fees (gas), execute smart contracts, and earn rewards via staking. Think of Ether as the fuel that powers the Ethereum engine. ETH: ETH is simply the ticker symbol for Ether — like “USD” for US dollars or “BTC” for Bitcoin. On exchanges, wallets, and price charts, you’ll usually see “ETH” used instead of spelling out “Ether.” A good analogy: Ethereum is like an app store, and Ether is the money you need to download and run the apps. Ethereum vs. Bitcoin: Key Differences Every Investor Should Know Ethereum and Bitcoin are the two giants of the crypto world, but they serve very different roles. Purpose Bitcoin was designed as digital money and a store of value — often called “digital gold.” Ethereum is a programmable platform for decentralized applications, enabling smart contracts and a wide range of use cases beyond currency. Technology Bitcoin uses Proof-of-Work (PoW), focusing on simplicity and security. Ethereum now runs on Proof-of-Stake (PoS), which is more energy-efficient and enables features like staking and scalability upgrades. Utility Bitcoin handles simple peer-to-peer transactions. Ethereum powers DeFi, NFTs, DAOs, games, and more — all requiring ETH to function. Supply Model Bitcoin has a hard cap of 21 million coins. Ethereum has no fixed cap, but its fee-burning mechanism (EIP-1559) and staking rewards have made it net deflationary at times. Investment Thesis Bitcoin is often held for long-term value preservation. Ethereum is a growth asset tied to the expanding Web3 ecosystem. In short, Bitcoin is about scarcity and security, while Ethereum is about utility and innovation. Many investors hold both to diversify their exposure across crypto’s most important assets. Conclusion Ethereum is no longer just a blockchain – it’s a decentralized engine for value, innovation, and trust. In 2025, its influence spans from art to finance, gaming to governance, all without the need for intermediaries. Ethereum is where the internet of value is being built. Holding ETH means more than participating in a market — it’s a stake in the infrastructure of the future. As the crypto space matures, Ethereum continues to lead through vision, technology, and relentless development. It’s not hype. It’s momentum. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitcoin vs Dollar: Is Cryptocurrency the Future of Money?

In today’s rapidly evolving financial landscape, the debate between Bitcoin vs Dollar is more than a headline; it’s a question about the very nature of money. Traditional currencies like the US Dollar have long been the global standard, but the rise of Bitcoin and other cryptocurrencies is challenging that dominance. As inflation concerns grow and digital assets become mainstream, many investors are rethinking where to store and grow their wealth. Is Bitcoin just a speculative bubble, or is it the foundation of a new financial era? In this article, we’ll compare Bitcoin and the US Dollar in terms of investment potential, inflation resistance, and long-term viability to help you decide which holds the future of money. Bitcoin vs Dollar: Overview Bitcoin (BTC) is a decentralized digital currency, whereas the US Dollar (USD) is a government-issued fiat currency. Bitcoin runs on a peer-to-peer network, while the dollar can be printed at will by the Federal Reserve. A major difference lies in monetary policy: Bitcoin’s supply grows at a decreasing rate (currently under 1% annually), while the U.S. dollar is managed with a 2% annual inflation target, leading to a gradual decline in purchasing power over time. Key Differences: Supply Inflation: Bitcoin’s supply is capped and its issuance rate keeps dropping. The dollar has no cap and steadily loses purchasing power due to inflation (about 96% loss in value over the past century). Value Volatility: Bitcoin’s price is highly volatile – it can swing wildly in days. The dollar is very stable in the short term, though it slowly declines in real value during inflationary periods. Adoption: USD is legal tender and universally accepted. Bitcoin is not official money in most countries, but it’s held by millions as an investment and treated as a reserve asset by some governments. Investment Performance: Bitcoin vs. USD From an investment standpoint, Bitcoin’s returns have vastly outpaced those of the dollar. As of May 2025, Bitcoin trades around $110,000 – a record high. This kind of growth is unheard of for fiat money; simply holding dollars cannot achieve that kind of return. Of course, with high reward comes high risk. Bitcoin’s history is marked by extreme ups and downs. After peaking near $69,000 in late 2021, BTC plunged over 70% during the 2022 bear market. These swings can dramatically impact an investor’s portfolio. The dollar, by contrast, doesn’t experience that kind of volatility – $1 stays $1 in nominal terms. However, holding cash long-term will erode wealth through inflation. Dollars can also earn interest, which helps offset inflation. Bitcoin doesn’t pay interest or dividends – any “yield” comes solely from price appreciation. In summary, Bitcoin is a high-risk, high-reward asset, whereas cash in dollars is low-risk but guaranteed to slowly lose value in real terms unless invested. Inflation and Store of Value Bitcoin’s design makes it appealing as a potential store of value in an inflationary environment. With its fixed supply and unalterable monetary policy, Bitcoin is often promoted as a hedge against currency debasement. In 2025, Bitcoin’s annual supply inflation is below 1% – far lower than the dollar’s inflation rate. (U.S. CPI inflation in early 2025 is about 2.3%, down from a 9.1% peak in 2022.) Over time, persistent inflation means the dollar inevitably loses value – over the past century the USD has lost almost all of its 1913 purchasing power. Bitcoin, by contrast, cannot be devalued by money-printing. This scarcity is why supporters often call Bitcoin “digital gold.” When investors worry about inflation or fiat stability, many turn to Bitcoin as an alternative safe haven. Analysts in 2025 observed that Bitcoin’s fixed scarcity had become “more valuable than ever” amid lingering inflation fears, and a weakening U.S. dollar often coincided with Bitcoin’s strength as some investors rotated out of dollars into crypto. To be fair, Bitcoin is not a perfect inflation hedge in the short term – critics note that during 2022’s inflation spike, Bitcoin’s price fell instead of rising. Still, over longer periods its gains have far exceeded inflation, meaning Bitcoin can preserve and even grow value in ways fiat money cannot. The Future: Cryptocurrency vs. Fiat Money Looking forward, cryptocurrency and fiat will likely coexist rather than one completely replacing the other. Bitcoin has secured its place as a legitimate asset. Even governments are taking notice – the U.S. government created a Bitcoin reserve in 2025 – signaling that crypto will play a growing role as a store of value. That said, traditional fiat currencies like the dollar aren’t disappearing. The dollar remains crucial for commerce, taxation, and day-to-day stability. In the near future we’ll probably see parallel usage: dollars for everyday transactions, and Bitcoin as a kind of digital gold or alternative financial network. Conclusion The debate between Bitcoin vs Dollar is no longer just about preference; it reflects a broader shift in how we perceive value, trust, and control in the financial world. While the US Dollar remains essential for global commerce and daily transactions, Bitcoin has proven its strength as a decentralized, deflationary asset with the potential to safeguard wealth in times of uncertainty. For crypto investors, the question isn’t whether Bitcoin will replace the dollar; it’s how both can coexist in a diversified strategy. As adoption grows and institutional interest solidifies, Bitcoin is evolving from a speculative asset into a credible pillar of modern finance. The future may not be all crypto, but it will almost certainly include it. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

How Bitcoin Works — And Why Banks Are Terrified of It

Imagine being able to send money to anyone, anywhere in the world, without asking a bank for permission or paying hefty transfer fees. This is exactly what Bitcoin promises. Since its debut in 2009, Bitcoin has grown from an obscure experiment into a global phenomenon – and not everyone is happy about it. In particular, many banks see Bitcoin as a threat to the traditional financial order. It’s not hard to see why: Bitcoin’s creator Satoshi Nakamoto unleashed a radically new form of money that operates on a peer-to-peer network, potentially rendering banks useless as intermediaries. In this article, we’ll break down how Bitcoin works in simple terms and explore why it’s so disruptive – in fact, downright terrifying – to traditional banks. Trade Bitcoin (BTC) on Bitget Now! Bitcoin Basics: Digital Money Without a Middleman At its core, Bitcoin is digital cash. Unlike dollars or euros which are issued by governments and managed by banks, Bitcoin isn’t controlled by any single authority. Instead, it runs on a decentralized network of computers around the world. You can buy Bitcoin on online exchanges or receive it as payment, and use it to purchase goods or send value to others. In plain language, Bitcoin is virtual money that relies on computer code and community consensus rather than bank vaults and government policies. One way to understand Bitcoin is to think of a global ledger – essentially a record book – that everyone can see and update. This ledger is called the blockchain, and it’s the technology that makes Bitcoin work. Every time people send or receive bitcoins, those transactions get recorded on the blockchain. How is this ledger special? First, it’s decentralized, meaning it’s not stored on one central server (like a bank’s database) but rather shared across thousands of computers (called nodes) in the network. Second, it’s designed to be secure and tamper-proof. In other words, no bank manager or government official can sneak in and alter the records. Each transaction, once added to this public ledger, becomes effectively permanent and immutable (it can’t be changed or erased). Another key aspect of Bitcoin is that it’s peer-to-peer. This means transactions go directly from person to person without a middleman in between. If Alice wants to pay Bob using Bitcoin, she doesn’t need a bank or payment company to intermediate – she just instructs the Bitcoin network to transfer value to Bob’s Bitcoin address. It’s a bit like handing cash to Bob in person, except it’s done digitally over the internet. By cutting out the middleman, Bitcoin enables direct exchange of money much like how file-sharing networks let people swap files without a central hub. This peer-to-peer design is a fundamental break from traditional banking, and it’s one of the reasons Bitcoin is often called “digital cash.” How Bitcoin Works: The Technology Behind the Scenes So, what actually happens under the hood when you use Bitcoin? Let’s break down the moving parts – blockchain, decentralization, mining, and peer-to-peer transactions – in simple terms. Blockchain: The Shared Public Ledger The blockchain is often described as the backbone of Bitcoin. You can think of it as a giant, transparent ledger or record book that’s distributed across the entire network. This ledger contains every Bitcoin transaction ever made, grouped into “blocks” that are chained together in chronological order (hence block-chain). Because so many copies of this ledger are held by independent users globally, it’s practically impossible for anyone to fake or alter transactions without everyone else noticing. In non-technical terms, imagine a Google Doc that everyone in a group can see and update, but no single person can secretly change the past entries – any attempt at fraud would be rejected by the others. This makes the blockchain extremely reliable for keeping an honest history of transactions. How does a new transaction get onto the blockchain? It first gets broadcast to the Bitcoin network where nodes (those thousands of computers) verify that it’s valid – for example, checking that the bitcoins you’re trying to send actually belong to you. Valid transactions are then bundled into a new block by special participants called miners (more on them in a moment). Each block is like a new page in the ledger, containing a list of recent transactions. When a block is added to the chain, it references the block before it, forming an unbreakable link. This chaining of blocks, secured by heavy-duty cryptography, ensures that once a transaction is “written” to the blockchain, it’s effectively permanent. Decentralization: No Central Authority in Charge Bitcoin’s network is decentralized, which is a fancy way of saying there’s no boss or central server running the show. Unlike a bank, which has a headquarters and an IT department controlling its database, the Bitcoin network is run by a community of users and nodes spread across the globe. Each of these nodes has a full copy of the blockchain and helps enforce the rules of the system. If one or even many of these computers go offline, the network keeps chugging along. There is no single point of failure and no single point of control. This structure is completely different from how traditional banks operate. Banks are centralized institutions – they operate like a “central cathedral” where every part of the system depends on a higher authority in the hierarchy. Bitcoin, by contrast, works more like a peer-to-peer network of equals with no conductor directing the orchestra. This structural divergence – decentralized vs. centralized – is a big part of Bitcoin’s appeal. In the Bitcoin world, trust is placed in irrefutable mathematics and code rather than in fallible institutions or individuals. The rules are enforced by software and consensus among the network participants, not by the decree of a central bank manager. Mining: How Transactions Are Verified and New Bitcoins Are Created Now, you might wonder: if there’s no central bank or administrator, who makes sure all these transactions are valid and who adds them to the blockchain? The answer is the miners. In Bitcoin, mining is the process that secures the network and processes transactions. You can imagine miners as the accountants of the Bitcoin world, except instead of pen and paper they use powerful computers. Here’s how it works: miners collect pending transactions from the network (those broadcasts we mentioned) and package them into a candidate “block.” But to add this block to the blockchain ledger, miners must compete to solve a very complex mathematical puzzle. This competition is essentially a lottery: the first miner to find a solution (a special number that the Bitcoin program is looking for) wins the round. When a miner wins, their block of transactions gets officially added to the blockchain, and all the other nodes update their ledgers to match. This process is known as Proof of Work – it requires significant computation, which is what makes the blockchain secure. It’s extremely hard to cheat, because you’d have to redo all that computation for every block. Importantly, mining is also the way new bitcoins enter circulation. As a reward for securing the network and adding a valid block, the winning miner receives a certain number of brand-new bitcoins (plus the transaction fees users voluntarily attached to their transactions). In Bitcoin’s early days, the reward was 50 BTC per block; over time it has decreased (it’s around 6.25 BTC as of the latest halving) and will continue to halve every few years. All told, there will only ever be 21 million bitcoins created in total – a hard cap built into the code. To put it simply, miners keep Bitcoin alive. They are incentivized by rewards to play by the rules (following the Bitcoin protocol) and in doing so they collectively take over the role that a central bank or clearinghouse would play in a traditional system. Peer-to-Peer Transactions: Sending Money on the Bitcoin Network With the blockchain and mining in place, sending Bitcoin is straightforward from a user’s perspective. You use a software program called a wallet to initiate a transaction. The wallet holds your private keys – essentially secret passwords that prove you own your bitcoins – and your Bitcoin addresses (which are like your account numbers that others can send money to). When you want to pay someone, you enter their Bitcoin address, specify an amount, and authorize the transaction with your private key (this produces a cryptographic signature). Then you hit send. From there, the magic of the Bitcoin network takes over. Your transaction is broadcast to the peer-to-peer network, where it quickly propagates to all the nodes around the world. The miners will then include it in a block as described above. After a short time (on average 10 minutes per block), your transaction gets confirmed in the blockchain. At that point, the money has officially moved from your address to the recipient’s address. There’s no going back – Bitcoin transactions, once confirmed on the blockchain, are irreversible. From a high-level view, a Bitcoin transaction is much like sending an email. You, the sender, and the recipient just need to be connected to the internet. What’s revolutionary is that this happens without any bank in the middle. Why Banks Are Terrified of Bitcoin Given what we’ve learned about how Bitcoin works, it becomes easier to understand why traditional banks might be shaking in their boots. Bitcoin flips the script on many principles that banks rely on. Below are some of the key reasons Bitcoin represents a disruptive threat to the banking model: No Intermediaries Needed: Bitcoin allows people to transact directly without banks or payment processors. In the Bitcoin system, the network verifies and moves money, not a middleman. If people can exchange value on a peer-to-peer network, the necessity for banks diminishes. Monetary Sovereignty (Your Money, Your Control): With Bitcoin, individuals can have true ownership of their money. You don’t have to park your funds in a bank account to keep them safe; you can store your bitcoins yourself and you hold the keys. No bank can freeze your account or impose arbitrary limits. Bitcoin’s monetary system is predictable and immune to dilution. There will only ever be 21 million BTC, period. Censorship Resistance: Banks and payment companies can often censor or block transactions. Bitcoin changes this dynamic. The network itself does not discriminate or censor; if you have Bitcoin and you broadcast a valid transaction, no one can block it or take it from you. This property means even if a bank or government doesn’t want a certain payment to occur, they have no way to intervene at the protocol level. Borderless and Low-Cost Transactions: Sending money internationally through banks can be slow and expensive. Bitcoin demolishes this model by enabling near-instant, low-cost transfers worldwide. The Bitcoin network is also always on – 24/7, 365 days a year. An Alternative Financial Ecosystem: Around Bitcoin has grown an ecosystem of services that parallel many functions of banking, but in a more decentralized way. Some have described holding Bitcoin as having a “Swiss bank account in your pocket,” since you can secure it with just a memory seed phrase. For the banking sector, the idea of people globally shifting even a portion of their activities into a new, bankless system is alarming. Conclusion Bitcoin’s emergence has been nothing short of revolutionary. For the first time, we have a form of money that operates independently of the traditional banking system. We’ve seen how Bitcoin works: through its use of blockchain technology, decentralization, mining, and peer-to-peer mechanics, it creates a trustless payment network where value can flow freely. And we’ve also seen why this innovation has many bankers losing sleep. Of course, banks won’t disappear overnight. But Bitcoin has sparked a new way of thinking about money – one that emphasizes openness, user empowerment, and innovation over central control. In the long run, Bitcoin and the cryptocurrency movement it spearheaded could coexist with banks, or it could force banks to radically evolve. Either way, there’s no denying that Bitcoin has proven the concept of decentralized digital money, and that concept is here to stay. Banks are terrified because Bitcoin means money can now move as freely as email, largely outside their grasp. For us as users, that opens up an exciting world of possibilities – and it’s a development worth understanding as we navigate the future of finance. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Shardeum (SHM): Solving the Blockchain Trilemma

What is Shardeum (SHM)? Shardeum (SHM) is an EMV-compatible Layer 1 blockchain that introduces the concept of "dynamic state sharding" to solve the blockchain trilemma. Dynamic state sharding is a method that enables the network to scale linearly by adding more nodes, thereby increasing transaction throughput without compromising decentralization or security. Who Created Shardeum (SHM)? Shardeum was co-founded by Nischal Shetty and Omar Syed. Nischal Shetty is also the founder of WazirX, one of India's largest cryptocurrency exchanges. He envisioned a blockchain that could support widespread adoption without the usual limitations. Omar Syed, a veteran blockchain architect, began developing dynamic state sharding technology in 2018 to address scalability challenges in existing networks. Together, they envisioned Shardeum as a platform that addresses the limitations of existing blockchains by offering scalability, security, and decentralization in equal measure. What VCs Back Shardeum (SHM)? Shardeum has secured significant funding to support its development and ecosystem growth. In October 2022, Shardeum raised $18.2 million in a seed round with participation from over 50 investors, including Jane Street, Struck Crypto, The Spartan Group, Big Brain Holdings, DFG, Ghaf Capital Partners, Foresight Ventures, CoinGecko Ventures, Wemade, ZebPay, Jsquare, MH Ventures, Nestcoin, Veris Ventures, Tupix Capital, Mapleblock Capital, and NetZero Capital. In July 2023, the company completed a $5.4 million strategic funding round with investors such as Amber Group, Galxe, J17 Capital, TRGC, Jsquare, Bware Labs, Tané Labs, Hyperithm Group, Luganodes, Blockchain Ventures Hub, CryptoViet Ventures, and Blue7. How Shardeum (SHM) Works Dynamic State Sharding Traditional blockchains often face scalability issues because every node processes every transaction. Shardeum tackles this by implementing dynamic state sharding, which divides the network into smaller segments called shards. Each shard processes a subset of transactions, allowing for parallel processing and increased throughput. As more nodes join the network, new shards are created dynamically, so the system remains fast and efficient despite increased load. Consensus Mechanism Shardeum employs a hybrid consensus mechanism that combines Proof-of-Stake (PoS) and Proof-of-Quorum (PoQ). In this system, validators are selected based on the amount of SHM tokens they stake, and a quorum of validators must agree on the validity of transactions. This approach enhances security while maintaining decentralization. Autoscaling One of Shardeum's standout features is its ability to autoscale. The network automatically adjusts its capacity based on real-time demand. If there's a surge in transactions, Shardeum adds more validators to handle the load. When demand decreases, it scales down, maintaining efficiency and low costs. Atomic and Cross-Shard Composability Shardeum enables complex transactions that involve different smart contracts across different shards to be processed together seamlessly and reliably. This means that if a transaction involves multiple parts, they all succeed or fail as one unit, maintaining consistency and integrity across the network. By employing transaction-level consensus and dynamic state sharding, Shardeum ensures that smart contracts can interact across shards without issues and multiple smart contracts across different shards can be processed together as a single, atomic transaction. This approach allows developers to build advanced applications without worrying about the underlying shard structure. SHM Goes Live on Bitget Shardeum addresses the "blockchain trilemma"—the challenge of achieving scalability, security, and decentralization, simultaneously. By implementing dynamic state sharding and autoscaling, Shardeum ensures that the network can grow without compromising on speed or cost. Its unique consensus mechanisms also provide robust security, and its open, permissionless nature promotes decentralization by allowing anyone to run a node and participate in the network. The native token of Shardeum, SHM, plays a pivotal role within its ecosystem. Serving as a utility token, SHM is used to pay for transaction fees, stake for network security, and participate in governance decisions. Its deflationary model, where transaction fees are burned, contributes to the increasing scarcity of SHM over time. With a fixed maximum supply of 508 million tokens, SHM's value proposition is strengthened by its limited availability and utility within the network. For those looking to engage with SHM, Bitget provides a user-friendly platform for trading. With its intuitive interface and robust security features, Bitget makes it easy for users to buy, sell, and manage SHM tokens. How to Trade SHM on Bitget Listing time: May 8, 2025 Step 1: Go to SHMUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading Trade SHM on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Wayfinder (PROMPT): The AI Compass for Blockchain Worlds

What is Wayfinder (PROMPT)? Wayfinder (PROMPT) is a blockchain platform designed to help AI agents work and move across multiple blockchain ecosystems. Think of it as a GPS for smart AI agents, guiding them through the complex world of blockchain apps, wallets, and transactions. These AI agents, called “Shells” in Wayfinder, can own and manage their own digital wallets. They can buy and sell tokens, mint NFTs, or use financial tools—without any human help. They do all this by following “Wayfinding Paths,” which are like routes on a digital map made especially for blockchain. Before Wayfinder, AI agents had no clear way to find their way around blockchains. Now, they can follow instructions, make smart choices, and even learn from each other as they go. Who Created Wayfinder (PROMPT)? Wayfinder was developed by Parallel Studios, the same creative minds behind the blockchain-based strategy game Colony. Parallel Studios built Wayfinder as part of the Echelon Prime ecosystem, a decentralized network of tools and games powered by blockchain technology. While Colony is the first game to use Wayfinder, the platform is designed for much more than just gaming. Its creators believe that Wayfinder could help change how AI and blockchain interact in finance, trading, and many other fields. What VCs Back Wayfinder (PROMPT)? The specific venture capital firms backing Wayfinder have not been publicly disclosed in available sources. However, Parallel Studios has undergone multiple funding rounds. ● The first notable round was in October 2021, where Parallel Studios received a $50 million investment led by Paradigm. ● In March 2024, Parallel Studios announced another funding round, raising $35 million from investors such as VanEck, Distributed Global, Solana Ventures, The Operating Group, Focus Labs, Big Brain Holdings, Devmons, Builder Capital, Base, and Spartan Group, along with notable angels like Solana co-founders Anatoly Yakovenko and Raj Gokal, Pudgy Penguins CEO Luca Netz, and YGG co-founder Gabby Dizon. How Wayfinder (PROMPT) Works Components Wayfinder is a set of tools that lets AI agents interact with blockchains the way a human might—with even more speed and less effort. Here's a breakdown of how it works: 1. Shells – AI Agents with Wallets Shells are AI agents that act independently. Each Shell is tied to a secure blockchain wallet. This means it can sign transactions, move assets, and interact with smart contracts. When someone creates a Shell using Wayfinder’s native token, that Shell becomes theirs to program, customize, and direct. Shells can learn from experience. They remember past actions and results and share those memories with other Shells. So, when one Shell learns something new—like how to complete a trade—it helps the whole network improve. 2. Wayfinding Paths – The Smart Routes These are like roads on a map. Wayfinding Paths tell Shells how to reach specific goals in blockchain environments, such as trading a token or joining a marketplace. Each path is reviewed and tested by the community before becoming available. Once approved, these paths are stored in a public library for any Shell to use. Shells pay a small fee (in Wayfinder’s native token) to use a path. The people who build these paths get rewarded in tokens too. This creates a win-win system where developers are motivated to make helpful, safe paths, and users get smart tools that actually work. 3. Learning and Memory Sharing One of Wayfinder’s big advantages is shared memory. If one shell finds a safe way to trade tokens or bridge assets across chains, other shells can use that same path. It’s like every shell is part of a shared brain that gets smarter over time. That also means the network keeps getting smarter the more it’s used. 4. Natural Language Interfaces You don’t need to be a programmer to use Wayfinder. Thanks to language models (like the ones that power ChatGPT), users can give Shells simple, natural instructions—like, “Buy an NFT from Collection XYZ if it’s under $100.” The Shell figures out how to make that happen. This opens the door to a whole new group of users, including people with no coding experience. 5. Security First Each wayfinding path has to be tested and verified by special agents (called Verification Agents) before it’s added to the network. Developers who create paths have to lock up tokens as a kind of deposit. If their path turns out to be dangerous or faulty, those tokens can be taken away. 6. PROMPT Token Wayfinder is expected to launch its own native token called PROMPT. This token will be used for: ● Paying for shell actions and path usage ● Staking and security deposits ● Governance (voting on network decisions) ● Developer rewards and bounty programs What Can You Do with Wayfinder? Wayfinder makes AI more useful in blockchain environments. Here are just a few things it can do: ● Trade cryptocurrencies: Shells can use trading apps to buy or sell tokens. ● Buy and mint NFTs: You can send your shell to grab the latest NFT drop. ● Bridge assets: Move tokens across chains without touching a bridge yourself. ● Run automated strategies: Shells can dollar-cost average, react to news, or trade based on market movements. Wayfinder also supports private paths, which can be used by only a few agents or require extra tokens to access. These paths may include special trading strategies, limited market access, or custom tools. PROMPT Goes Live on Bitget Wayfinder is still early in its journey. But its mix of AI, blockchain navigation, and community-powered tools could make it one of the most important platforms in Web3. By making AI agents truly useful in the decentralized world, Wayfinder is opening the door to smarter apps, games, and financial tools. As more people build with Wayfinder and train their Shells, the system will keep growing, learning, and unlocking new possibilities. It’s like giving every user a personal AI assistant that can think, act, and learn on the blockchain. And for the future of Web3? That’s a pretty big deal. At the heart of this system is PROMPT, Wayfinder’s native token. It powers the network, fuels Shell activity, and rewards the community for building new paths and possibilities. Now that PROMPT is listed on Bitget, one of the leading crypto exchanges, it's easier than ever to get involved. How to Trade PROMPT on Bitget Listing time: April 10, 2025 Step 1: Go to PROMPTUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading Trade PROMPT on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Master Bitget Shark Fin, Bitget Dual Investment & Bitget Savings: The Secret To Growing Your Crypto Like A Pro

Bitget Earn is changing the game for crypto investors, and those in the know are already multiplying their assets like pros. If you're still letting your crypto sit idle, you're missing out on serious profit potential. The secret? Leveraging the right mix of Bitget Shark Fin, Bitget Dual Investment, and Bitget Savings. Whether you're after stable, risk-free returns, high-reward market strategies, or passive income, Bitget Earn has the perfect tool to supercharge your earnings. Bitget Shark Fin: Secure Profits like An Industry Expert with Structured Investments You're playing it safe but want better returns regardless: Bitget Shark Fin is your go-to strategy. This principal-guaranteed structured investment product secures your initial investment, whilst offering juicy APRs when market conditions align with the set range. Why Choose Bitget Shark Fin? Bitget Shark Fin gives you the best of both worlds—the security of principal protection combined with the potential for optimised returns. Your funds remain safeguarded; meanwhile, the structured investment model allows you to earn above-market APRs if the asset price stays within a defined range. It's an ideal choice for investors who want predictability with a touch of extra profit potential. That way, you don't miss out on better earnings even with your risk close to zero. How It Works ● If the asset's price stays within the defined range, you receive an enhanced APR. ● If the asset's price moves outside the range, you nonetheless receive a base APR of 6%. ● Returns are determined based on the price range movement, allowing for potentially higher yields than regular savings accounts. Who's It For? ● Investors who want stability but higher returns than traditional savings ● Those who don't want to stress over market movements ● Anyone looking for a low-risk way to compound crypto earnings Bitget Dual Investment: Turn Market Moves into Profit-Generating Opportunities The market moves every second, and if you're not taking advantage of it, you're leaving money on the table. Bitget Dual Investment lets you capitalise on price changes, no matter if you're aiming to acquire crypto at a set price or convert holdings into stablecoins at a predetermined value. The best part? You earn high interest all throughout the waiting time. Why Choose Bitget Dual Investment? This product is all about strategic positioning. You set a target price, and if the market reaches it, your funds are converted with added interest. If it doesn't, you keep your original asset and still get paid interest. It's a win-win for those looking to increase their holdings or lock in favourable exit points, all while generating passive returns. For investors who like to stay ahead of the curve and make every market movement count, this is unequivocally the tool of choice. How It Works ● Target a conversion price: Set a price at which you want your assets to be converted. ● Accumulate gains as your strategy unfolds: If the market reaches your chosen price, your funds are converted plus extra interest. If not, you retain your original assets and get paid interest. ● Flexible timeframes: Investment periods range from 6 hours to 295 days to give you full control over your strategy. Who's It For? ● Investors who want to profit from price movements instead of just watching the charts ● Those who don't mind waiting for the right price but want to earn in the meantime ● Anyone who wants to actively grow their holdings at reduced risk levels Bitget Savings: A Safe and Reliable Way to Put Your Crypto to Work Want effortless returns without market risks? Bitget Savings is the answer. It's the perfect way to earn guaranteed interest and, simultaneously, keep your funds accessible anytime via Bitget Flexible Savings or lock them in for higher returns with Bitget Fixed Savings. Why Choose Bitget Savings? Sometimes, the best strategy is simplicity. Bitget Savings allows you to earn predictable, secure, and effortless returns without committing to complex strategies. Do you want quick access to funds? Or do you want some higher interest? Bitget Savings makes sure your crypto is working for you without requiring constant management. It's a stress-free way to earn with enormous financial flexibility. How It Works ● Bitget Flexible Savings: Interest starts accruing hourly or daily after deposit, and funds can be redeemed at any time. ● Bitget Fixed Savings: Users lock funds for a specified period (30 or 60 days) for higher returns. Some fixed-term products allow early redemption, but this may result in lower earnings. Who's It For? ● Investors who want a hands-off way to earn crypto interest ● Those who need instant access to funds in parallel with earning returns over time ● Anyone looking for a simple, low-risk way to build crypto wealth Optimising Your Crypto Portfolio with Bitget Earn A well-structured crypto portfolio blends stability, risk-adjusted growth, and strategic positioning. Here's how you can maximise your earnings by combining all three Bitget Earn products. Bitget Savings serves as the foundation of a stable portfolio. By allocating funds to Bitget Flexible Savings, investors maintain both liquidity and a steady passive income. For those willing to commit for better returns, Bitget Fixed Savings provides a higher yet predictable yield. For enhanced yet controlled growth, Bitget Shark Fin offers an ideal solution. It protects principal investments as well as maximising returns through structured pricing models. This ensures stability coupled with APR increases under favourable conditions. Investors looking to actively engage with market dynamics can incorporate Bitget Dual Investment. This product enables capitalising on strategic asset conversions for earnings regardless of whether target prices are met. By integrating these strategies, investors can optimise returns and manage risk effectively. As a result, they can expect their crypto holdings to work efficiently across different market conditions. Below are some possible portfolio scenarios for different investor types: ● A well-balanced portfolio may allocate 40% to Bitget Savings for liquidity, 30% to Bitget Shark Fin for stability, and 30% to Bitget Dual Investment for market-driven opportunities. ● For those focused on maximising returns, a high-yield tactical strategy might allocate 20% to Bitget Savings, 40% to Bitget Shark Fin, and 40% to Bitget Dual Investment for an aggressive yet structured investment mix. ● Conversely, a conservative portfolio may favour 50% in Bitget Savings, 40% in Bitget Shark Fin, and 10% in Bitget Dual Investment for minimal exposure to market fluctuations, yet growth potential is maintained. ● For investors seeking trend-driven growth with capital security, integrating Bitget Smart Trend adds a new dimension to portfolio optimisation. A strategy with 30% in Bitget Savings, 25% in Bitget Shark Fin, and 25% in Bitget Dual Investment can guarantee liquidity, structured stability, and market-driven gains. Investors can also subscribe to Bitget Smart Trend using BGB equal to the remaining 20% of the portfolio, thereby leveraging Bitget's native token to unlock exclusive opportunities and potential benefits. ● More comparisons between Bitget Dual Investment, Bitget Shark Fin, and Bitget Smart Trend can be found here: Bitget Dual Investment: Your Master Key To Smarter Crypto Growth With Bitget Stop Wasting Your Crypto's Potential a.k.a. Start Earning Today! The biggest mistake in crypto investing? Letting your assets sit idle. The smart money is already leveraging Bitget Earn to compound profits, hedge risk, and accelerate growth. Now you know that there's always a Bitget Earn product waiting for you, don't get left behind. Subscribe to Bitget Earn today and be the financial powerhouse of Web3!

Monad (MON): A New Layer-1 That Enhances the Speed and Efficiency in Crypto

What is Monad (MON)? Monad (MON) is a new Layer-1 blockchain designed to be compatible with and to enhance the Ethereum Virtual Machine (EVM). This means it can run the same smart contracts and dApps as Ethereum. However, Monad aims to improve upon Ethereum by offering faster transaction speeds, lower costs, and better scalability. With 10,000+ TPS, Monad can support a multitude of large-scale dApps in various categories such as DeFi, GameFi, metaverse, etc. Who Created Monad (MON)? The Monad Foundation is the organization behind Monad blockchain. This independent group is responsible for developing the technology, promoting its adoption, and ensuring its long-term success. The foundation focuses on community engagement, governance, and providing resources for developers who want to build applications on Monad. Keone Hon, the CEO of Monad, is one of its co-founders. He has a strong background in computer science and blockchain technology, having worked at several tech startups before leading Monad. Under his leadership, Monad has focused on improving blockchain efficiency and transparency. Eunice Giarta, the co-founder and General Manager of Monad Foundation, also brings years of experience in technology and finance. She has worked as a product manager at major firms like Shutterstock and Broadway Technology and has experience in banking, trading, and software development. Together, Keone Hon and Eunice Giarta are driving Monad toward becoming a major player in the blockchain space. What VCs Back Monad (MON)? Monad has attracted significant interest from investors. In 2023, Monad raised $19 million from Dragonfly Capital, Placeholder Capital, Lemniscap, Finality Capital, Shima Capital, Naval Ravikant, Cobie, Hasu, and others. Then, in 2024, the project raised $225 million in a funding round led by Paradigm, one of the biggest names in blockchain venture capital. Other major investors in this round included Electric Capital, Coinbase Capital, among others. How Monad (MON) Works Monad achieves its impressive performance through several innovative technologies: 1. MonadBFT Consensus Mechanism Efficient Agreement Monad uses a consensus protocol called MonadBFT, an optimized version of the HotStuff algorithm. This system streamlines communication between nodes (computers in the network) and block leaders (nodes proposing new blocks), reducing the number of steps needed to agree on new blocks. Fallback Mechanism If the block leader doesn't propose a valid block in time, MonadBFT has a backup process. This ensures the network can still reach an agreement, even if there are delays or issues. 2. Asynchronous Execution Decoupling Processes In Monad, the process of agreeing on the order of transactions (consensus) is separated from the process of executing those transactions. This means nodes can decide on the order of transactions without immediately executing them, allowing both processes to run simultaneously in different "lanes." Efficient Use of Time By separating these processes, Monad ensures that both consensus and execution can use the full block time (one second) independently, leading to better performance. 3. Parallel Execution Concurrent Processing Unlike traditional blockchains that process transactions one after another, Monad executes multiple transactions at the same time. This is possible through a method called optimistic execution, where transactions are processed in parallel, and any conflicts are resolved by re-executing affected transactions. Dependency Management Monad uses tools to predict which transactions might affect each other. By understanding these dependencies, it schedules transactions more effectively, reducing the chances of conflicts and the need for re-execution. 4. MonadDb Storage System Custom Database MonadDb is a specialized database designed to store blockchain data efficiently. It uses a structure called a Patricia Trie, which helps organize data in a way that's both space-saving and quick to access. Asynchronous Input/Output (I/O) To support multiple transactions happening at once, MonadDb handles data reads and writes without causing delays. This is achieved through asynchronous I/O, allowing the system to continue processing other tasks while waiting for data operations to complete. Direct Storage Access MonadDb can bypass traditional file systems, writing data directly to storage devices. This reduces overhead and improves performance, especially when using modern solid-state drives (SSDs). Efficient Data Management As the blockchain grows, MonadDb manages old data by compacting and organizing storage space. This ensures the system remains fast and doesn't consume unnecessary storage. Closing Thoughts Monad is an exciting new blockchain that promises to bring high speed, low costs, and better efficiency to smart contracts and decentralized applications. By using parallel execution, an optimized virtual machine, and an improved storage system, Monad aims to solve Ethereum’s biggest problems while remaining compatible with its ecosystem. If Monad succeeds, it could become a major player in the blockchain space, offering a faster and more scalable solution for developers and users worldwide. However, it will need to prove its reliability, security, and ability to attract adoption in the competitive crypto landscape. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Swarms (SWARMS): Revolutionizing Enterprise Automation with AI Collaboration

What is Swarms (SWARMS)? Swarms (SWARMS) is a platform that leverages Large Language Models (LLMs) and other AI technologies to improve how businesses operate. Unlike traditional AI solutions that rely on a single AI system to handle tasks, Swarms uses a multi-agent collaboration system. This means multiple AI models work together as a team to complete tasks, each specializing in different roles. Think of it as an AI workforce, where every "worker" focuses on what it does best. The name "Swarms" reflects this concept perfectly. Just like bees in a hive or ants in a colony, the AI agents in Swarms collaborate to achieve complex goals. They don’t just work individually—they communicate, coordinate, and complement each other’s strengths. This approach overcomes many of the limitations of single AI systems, such as a lack of accuracy, slow processing, and the inability to handle multiple tasks at once. Who Created Swarms (SWARMS)? Swarms was created by Kye Gomez, a passionate leader and innovator in AI. Kye has been programming since the age of 12, and over the years, he has turned his early interest into a remarkable career. Today, he serves as the CEO of Swarms and leads a global AI research community called Agora, an open-source non-profit organization with over 8,200 researchers worldwide. Kye’s vision is bold yet clear: to democratize access to revolutionary AI technologies. He believes that advanced AI should be available to everyone, not just big corporations with deep pockets. His work at Swarms reflects this philosophy, focusing on making AI solutions accessible and practical for enterprises of all sizes. What VCs Back Swarms (SWARMS)? When it comes to VC support, the specifics about Swarms’ backers remain under wraps for now. However, Swarms is clearly making waves in the industry, thanks to its innovative technology and strong leadership. While the exact VC names are not public, the company’s rapid growth and adoption suggest it has significant interest from investors who see the potential of multi-agent AI systems. How Swarms (SWARMS) Works What Multi-Agent Collaboration System Is The magic behind Swarms lies in its multi-agent collaboration system. Here’s how it works: 1. Breaking Down Complex Tasks When a business needs to automate a task—say, analyzing customer feedback or managing supply chains—Swarms doesn’t rely on a single AI model to do everything. Instead, the task is broken down into smaller, manageable parts. Each part is assigned to an AI agent that specializes in that area. 2. Agents with Specialized Roles Every AI agent in the swarm has a specific role. For example: ● One agent might focus on processing data from spreadsheets. ● Another might summarize lengthy reports. ● Yet another could generate predictions based on historical trends. By dividing the workload, Swarms ensures that each agent works efficiently without being overwhelmed. 3. Communication and Coordination The real magic happens in how these agents collaborate. Swarms uses advanced communication protocols to allow AI agents to share insights, validate each other’s work, and coordinate their efforts. This reduces errors and ensures that the final output is accurate and reliable. For example: ● If one agent spots a potential error in another agent’s work, it can flag it for review. ● Multiple agents can cross-check their results to reduce the risk of misinformation, a common issue in single-agent systems. 4. Human-AI Collaboration Swarms doesn’t aim to replace humans—it augments them. While the AI agents handle repetitive or time-consuming tasks, human team members can focus on strategic decisions and creative problem-solving. This partnership boosts productivity and allows businesses to achieve more with fewer resources. Why Multi-Agent Collaboration Matters To understand why Swarms’ approach is groundbreaking, it helps to look at the limitations of traditional AI systems: ● Context Window Limits: Many AI systems can only process a limited amount of information at once, leading to incomplete or inaccurate results. Swarms solves this by distributing the workload across multiple agents. ● Hallucination: Some AI models generate incorrect or nonsensical information when uncertain. Swarms reduces this risk by enabling agents to cross-verify each other’s outputs. ● Single-Task Focus: Most AI systems are designed for a specific task and struggle with multitasking. Swarms excels by deploying specialized agents for different tasks simultaneously. ● Slow Processing: By working in parallel, the agents in Swarms complete tasks much faster than traditional AI systems. In short, Swarms is designed to overcome the biggest challenges in enterprise automation, making it a game-changer for businesses. SWARMS Goes Live on Bitget Swarms is well-positioned to revolutionize how businesses use AI. Its unique approach to multi-agent collaboration offers a glimpse into the future of enterprise automation, where AI doesn’t just work for humans but works with them. As more companies adopt Swarms, the possibilities are endless. From making businesses more efficient to empowering human workers, Swarms is paving the way for a new era of intelligent automation. In Kye’s vision, the ultimate goal is simple: to democratize AI and make it a force for good in every corner of the world. With Swarms, that vision is becoming a reality. Trade SWARMS, the native token of Swarms, on Bitget now! How to Trade SWARMS on Bitget Step 1: Go to SWARMSUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading. Trade SWARMS on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

From High-Performance Blockchain To Gaming Revolution: Sonic Paves The Future Of Web3 Gaming

What Is Sonic (SONIC)? Sonic (SONIC) is a blockchain platform designed to enable sovereign game economies with unparalleled speed and efficiency. Built as the first Solana Virtual Machine (SVM) chain, Sonic leverages the innovative HyperGrid framework for horizontal scaling and customisability and empowers developers to create Full-Onchain Games (FOCGs) and Autonomous Worlds while maintaining low costs, high throughput, and composability with Solana L1. With its own chain, Sonic introduces a dynamic infrastructure tailored for gaming in that players and developers are encouraged to harness blockchain technology in an accessible, scalable way. By integrating sovereign economies into games, Sonic delivers unmatched opportunities for in-game asset ownership, monetisation, and seamless gameplay experiences. How Sonic (SONIC) Works True ownership and sovereign economies Sonic provides players with true ownership of in-game assets by utilising NFTs and blockchain technology. Unlike traditional gaming platforms, Sonic ensures that all transactions are immutable, secure, and transparent. Players can trade, buy, or sell game assets, creating dynamic game economies that extend beyond the digital realm. HyperGrid: Scaling for the future HyperGrid is Sonic’s state-of-the-art Layer 2 framework, designed to overcome the limitations of Solana L1 in handling massive transaction volumes. By introducing parallel processing and native composability, HyperGrid ensures low-latency, high-throughput gaming experiences. HyperGrid’s Shared State Network (HSSN) and Bridge enable seamless interoperability and high-security roll-ups to Solana, ensuring a scalable and secure ecosystem for developers and players alike. Developer-friendly ecosystem Sonic introduces RUSH, a Rust-based Entity-Component-System (ECS) framework that streamlines blockchain integration for game developers. By abstracting complex blockchain logic, RUSH allows developers to focus on creating engaging gameplay experiences without extensive blockchain expertise. Features like one-click deployment, customisable on-chain logic, and composable gaming primitives make Sonic a preferred choice for Web3 game development. Economic opportunities Sonic enables developers to build monetisation infrastructures, including payment systems and traffic settlement, directly on-chain. Players can also engage in a thriving marketplace to trade assets, earn through gameplay, and participate in staking for network security and rewards. Sonic's unique combination of decentralised infrastructure and economic integration ensures a vibrant and sustainable gaming ecosystem. The SONIC token The SONIC token serves as the backbone of the Sonic ecosystem and its interconnected SVM networks. As a utility token, SONIC plays a crucial role in platform operations, enabling staking for network security, governance participation, and in-game transactions. Users can stake SONIC to earn rewards and bolster network security, with validators and delegators incentivised through token emissions and surplus fees. It also functions as a payment currency for in-game purchases, asset trading, and as a medium of exchange within Sonic's sovereign economies. Additionally, token holders have the power to influence governance decisions, shaping the ecosystem's future. With a sustainable tokenomics model that incorporates vesting schedules and milestone-based releases, SONIC ensures long-term ecosystem stability and maintains its token value over time. SONIC Goes Live on Bitget Sonic is revolutionising blockchain gaming with its high-performance infrastructure and seamless integration of gaming and economic systems. The introduction of SONIC further enhances its vision by empowering players and developers alike to thrive in a decentralised ecosystem. SONIC on Bitget Launchpool SONIC will be a part of Bitget Launchpool, a platform for users to farm new tokens for free over the course of a few days. Join now to get the best out of it! From January 07, 2025 at 12:00 to January 10, 2025 at 12:00 (UTC), you can grab a share of 7,800,000 SONIC through: BGB Pool: ○ The minimum BGB locking amount is 5 BGB. ○ Each VIP0 user can lock up to 10,000 BGB in Bitget Launchpool to earn from the 7,800,000 SONIC pool. ○ Each VIP1-VIP7 user can lock up to 30,000 BGB in Bitget Launchpool to earn from the 7,800,000 SONIC pool. To use Bitget Launchpool, follow these simple steps: ● Step 1 - Coin Locking: Begin by selecting a pool from the available options. Choose the cryptocurrency you want to lock and the duration of the locking period. Once selected, confirm your locked amount to join the pool. ● Step 2 - Coin Distribution: After locking your coins, you'll automatically grab a share of the promotion pool based on the proportion of your locked amount compared to the total locking pool amount. ● Step 3 - Results Display: Keep track of your earnings by checking the Participation History. Here, you can view the distribution of earnings and monitor your locking progress. For more specific information on how to get SONIC tokens on Bitget Launchpool, check out the announcement here . Lock BGB to get SONIC now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.