Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards.

Daily top performer — Pyth Network (PYTH)

The S&P 500 dropped 1.5% to 5,282.70 this week, down 5.9% in April and 10% year-to-date, led by tech losses. Real estate and energy outperformed, while political pressure on Fed Chair Powell and inflation concerns weighed on sentiment. Gold dipped 0.6% to $3,319 after a record high, as Powell’s stagflation warning tempered its rally. Despite the pullback, the uptrend remains intact. The Coindesk Indices, which tracks the broader crypto market, are up by 0.77%, with Bitcoin and Ether rising 0.64% and 0.72%, respectively, over the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is PYTH, up 10.1%, following the launch of Pyth Entropy for secure on-chain random number generation by Soneium.

Pyth Network (PYTH),  is a blockchain oracle system that delivers real-time crypto price data to blockchains, enabling smart contracts to react to market changes. Soneium 

 Pyth Entropy, a tool for securely generating random numbers on-chain. Two apps, HandsNFT AI and 2p2e, are already utilizing Pyth Entropy to create unpredictable and engaging experiences.

Check out the latest prices, charts, and data of 

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards. This approval follows recent changes to local laws, with China Asset Management (ChinaAMC) partnering with OSL Digital Securities to launch the ETF by May 15. The ETF will offer exposure to Ethereum staking, transforming it from a passive investment into an active participant in the Ethereum network. The staking process is powered by Kiln, with OSL providing custody and insurance services. The rewards will contribute to the ETF's net asset value, benefiting shareholders.

Yesterday, Bitcoin spot ETFs saw $25.9M in inflows, all from non-GBTC funds, while GBTC recorded no flow.

" and a points campaign called Drops, where users can earn points—potentially leading to an airdrop—by engaging with Linera content on X. To join, sign up on 

, complete tasks like joining Discord and interacting on X, then enter the campaign. Keep engaging to earn more points, but avoid spamming.

Beginner

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Hong Kong approves Ethereum ETF with staking rewards, boosting institutional participation

Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

US president Donald Trump’s tariff policies are influencing both crypto and US equities. Last week, BTC and the S&P 500 rallied due to a 90-day pause in reciprocal tariffs (excluding China). Equities are slightly below their April 9 highs, while BTC is holding above $83K. Its implied volatility term structure has normalized, and the volatility skew has improved from last week’s bias toward out-of-the-money puts, though it hasn't fully shifted toward calls.

Please check out the report’s highlights.

Tariff pause briefly brings back trading volume

Since our last report, open interest surged on Apr 9, 2025, as crypto spot prices rose after President Trump’s temporary tariff pause, accompanied by a nearly $10B increase in trade volumes. However, trade volumes have since returned to mid-March levels, and open interest has declined from the April 9 highs. The initial price spike indicates the tariff pause surprised the markets, but the subsequent pullback reflects concerns over remaining tariffs.

After being inverted for much of April due to trade policy shocks and macro headwinds, BTC’s term structure has disinverted, with front-end volatility dropping significantly this week. Call and put volumes have been balanced, with calls slightly exceeding puts most days. Apr 9, 2025, reflected mixed market sentiment, as both call and put volumes rose, but puts were higher overall. Open interest remains greater in calls, and has increased slightly since last week, reaching its highest level for the month (more than double from the beginning of April).

Despite a rally on Apr 9, 2025 that brought ETH close to $1.7K, traders sought downside protection, leading to higher volumes in put contracts as compared to calls. Since then, ETHUSDT options volumes have declined, but open interest remains strongly weighted toward calls with later expirations, which have increased since last week. After being inverted for much of April, ETH’s term structure of volatility has flattened, with volatility compressing around the 70% mark across tenors.

Advanced

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Bybit X Block Scholes crypto derivatives analytics report (Apr 16, 2025): Bitcoin put bias has moderated, but not yet shifted to calls

KiloEx (KILO) is a user-friendly DEX for perpetuals trading, offering high leverage, rewards, LSTfi integration and a robust multi-chain ecosystem.

 trading is one of the most lucrative areas for cryptocurrency enthusiasts if you know how to navigate the sometimes complex world of these contracts. Unlike standard futures, perpetual futures contracts have no expiration date, allowing traders to hold onto their positions as long as they prefer. You only exit a crypto perpetual (or “perp”) contract when you feel it’s the best time to execute your long or short trade. The lack of an expiration period makes these contracts attractive for traders.

Unfortunately, many crypto perpetual contract trading platforms are far from user-friendly. It seems like many perpetual crypto exchanges assume that only professional traders dabble in these contracts, and along with that assumption goes a second one — that these pros can navigate even the most complex user interfaces. As a result, finding a user-friendly perps platform is a challenge in the world of crypto trading.

 (DEX) that aims to change the status quo by providing a user-friendly environment for traders. Its platform also offers high leverage ratios, integration into the wider liquid staking token finance (LSTfi) ecosystem and generous reward programs for referrers and affiliates.

Thanks to its numerous benefits, this DEX caters to the needs of traders at all levels of expertise who are interested in crypto perpetuals. Operational since mid-2023, KiloEx launched its native token, KILO, in March 2025 to further enhance its platform's reward, staking and governance mechanisms.

 (BNB) that specializes in crypto perpetual futures trading.

 The platform prides itself on offering a user-friendly interface, high 

 ratios of up to 100x, multi-token vaults with generous APYs and a number of reward programs for referrers and affiliates.

Co-founded by Joey Ni (CEO) and Charles Gong (COO), KiloEx was originally launched on BNB Chain's mainnet in June 2023. As of mid-April 2025, the platform has additionally expanded its service coverage to five 

 (B2). This coverage allows KiloEx to access the ecosystems of three leading blockchain platforms — 

Manta, Base and Taiko are Ethereum-focused Layer 2 solutions, while opBNB is an efficient and low-cost optimistic rollup for the BNB Chain, while B

 is a platform linked to Bitcoin that acts as a major Bitcoin DeFi (BTCFi) enabler.

Because it’s a BNB-native platform, KiloEx's industry footprint is most notable within this blockchain's broader ecosystem. In fact, as Apr 17, 2025, KiloEx is the top DEX on the opBNB network by 

Using Layer 2 chains allows KiloEx to offer its users fast and low-cost transactions, which isn't always possible on a typical Layer 1 network. It's true that BNB Chain, the primary Layer 1 used by KiloEx, generally has much lower gas fees than Ethereum, the industry's leading 

 chain that’s notorious for its exorbitant costs. However, KiloEx's partner Layer 2 networks help drive costs and transaction times even lower. BNB Chain's current average gas fee is slightly over $0.10, while the opBNB Layer 2 rollup's comparable fee is only about $0.005.

In 2024, the platform introduced one of its most innovative features — the 

, which allows liquidity providers to stake multiple assets to earn high yields. That same year, KiloEx significantly expanded its partnership network, becoming an active player in the LSTFi ecosystem. LSTFi is a new stream within the DeFi industry that allows you to use 

 (LSTs) on various protocols for additional yield.

Having solidified its market presence in 2024, the project launched its native token, KILO, in March 2025. However, in mid-April 2025, KiloEx 

 and halted trading on April 15 as a risk management measure, pending investigation of the damage.

The Hybrid Vault is among the most innovative features offered by KiloEx. Essentially, it acts similarly to liquidity pools on other exchanges. Liquidity providers can contribute their crypto funds to the vault to support trading activity on the DEX and earn interest on their contributions, based on the fees earned by the protocol.

You can contribute a mix of coins to a KiloEx vault. Supported assets include 

Depending upon trading activity and the mix of coins contributed, you can earn APYs as high as 30%, making KiloEx one of the most lucrative choices for liquidity providers in this niche.

KiloEx uses a health factor calculation for this type of vault to keep your funds and the entire ecosystem safe. Based on the health factor score of your contribution to the vault, your funds could be liquidated if their value drops dangerously low.

Discounts are also offered for fixed-term deposits for established assets, such as USDT and USDC. Withdrawals for the fixed deposits are processed upon maturity, while all other withdrawals are processed within one to three "epochs," with each epoch on the platform lasting about three days. Thus, depending upon your contributed funds, you’ll wait anywhere from three to nine days to receive your crypto back.

The KiloEx platform also runs a generous referral program under which you can earn rewards for referring your friends to the platform. The amount you earn depends upon the trading volumes generated by the people whom you’ve referred. Additionally, your referees to the DEX can also benefit from fee rebates, again depending upon the volume of trade they generate.

There’s a tiered system, comprising nine levels, based on which you and your friends earn commissions and rebates. Under this system, even those referred traders whose monthly volume is at the lowest level (below $5,000) can still benefit from 5% rebates, while you also earn a 10% commission.

The table below shows the structure of this referral system with percentages for commission and rebates based on monthly trading volumes.

KiloEx offers an affiliate program for key opinion leaders (KOLs) with a certain level of social media following and influence in the crypto market. KOLs may apply to join the program by filling out an application, which is then considered by the project team within 48 hours.

To qualify for affiliate status, a KOL must have: 

Approved affiliates are provided a link to the platform, and are encouraged to invite their followers to trade on the KiloEx. If they invite at least five followers who trade at sufficient levels, the affiliates can start earning their commission. KOLs can earn up to 55% commission, depending upon the referred followers' trading activity.

KiloEx’s native utility token, KILO, is a 

 asset launched on BNB Chain. It’s used on the platform for governance, fee discounts on trades, rewards via 

, liquidity provision incentives and staking.

KILO is a supply-capped asset, with a maximum and total supply of 1 billion. The token’s supply allocation shares are shown in the chart below.

xKILO is an escrowed version of the KILO token. You can convert KILO to xKILO at a fixed rate of 1:1. The primary utility of xKILO is to provide boosted liquidity provision, which makes it possible to receive staking rewards. By locking xKILO on the platform, you can access special discounts and other benefits reserved for VIP-level users. Holding xKILO also grants you governance power to vote and influence the platform's future direction.

Unlike KILO, xKILO is nontransferable and isn’t tradable on the secondary market. The only ways to obtain xKILO are either to buy it with KILO or receive it via airdrops.

Platform users can earn points to qualify for KILO airdrops. Typically, you accumulate points by trading, depositing funds, referring others to the DEX, checking in to the platform and completing other specified eligible activities.

The project’s initial airdrop, Genesis Season, had an eligibility snapshot taken back in July 2024. Under the currently running airdrop campaign, Pioneer Season, users can earn points to receive KILO tokens for 180 days past the token generation event (TGE) in late March 2025 (i.e., until late September 2025).

Additionally, you can earn KILO tokens on Bybit simply by participating in the 

 event and holding BNB in your account. Every day at various random times, Bybit will take snapshots of your BNB holdings in your Funding and Unified Trading Accounts to calculate the number of KILO tokens you’re eligible for. The campaign will run through Apr 25, 2025, 11:59PM UTC, and you’ll have your share of KILO airdropped seven days after this date.

 market as a swap pair with USDT. If you don't have a Bybit account, you can easily 

, and access opportunities across hundreds of trading pairs and crypto products on the exchange's Spot and Derivatives markets.

As of Apr 17, 2025, the KILO token is trading at $0.039, which is 76.2% lower than its ATH of $0.1648 on Mar 27, 2025, and 17.3% higher than its ATL of $0.03344 on Apr 12, 2025.

Long-term price forecasts for KILO are mostly bullish. CoinCodex 

 at $0.0387 in 2027 and then rise to $0.135 in 2030 while PricePredictions 

When it comes to perpetuals trading, both traditional 

 (CEXs) and DEXs have often struggled to offer an intuitive trading experience. In contrast, KiloEx has made user-friendliness a cornerstone of its operations. With KiloEx, you can enjoy a streamlined trading process, access market trends info for thorough research, get an overview of the cryptocurrency market and conduct other activities via an interface that’s designed for anyone, irrespective of their familiarity with decentralized trading.

The platform also boasts a diverse range of other benefits not easily found in the world of perpetuals-based cryptocurrency trading — generous leveraged trading options, trading fee discounts, lightning-fast trades, low trading fees and an innovative Hybrid Vault system. Many of these benefits are thanks to KiloEx's collaboration with several Layer 2 decentralized platforms, which provide the technical infrastructure to enable low costs and fast order processing.

If you’re a crypto perpetuals enthusiast, KiloEx is definitely a platform to peruse.

Intermediate

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KiloEx (KILO): More than a DEX — a rewarding ecosystem

In this article, Bybit Learn breaks down how the RFC meme coin was launched by the 'ifindretard' community, what’s driving its popularity and how to trade the RFC meme coin on Bybit.  

RFC quickly became one of the most talked-about and actively traded meme coins in early April 2025. In this article, we’ll break down how the token started, what’s driving its popularity and show you how to trade RFC on Bybit.  

Meme coins have always relied on humor to capture a wide audience and RFC is no different. The coin is inspired by the 

 X account that posts right-leaning, political and social posts on the platform. The account quickly became popular and gained over 718,000 followers as of mid-April 2025. 

 the launch of RFC, a Solana-based meme coin with a core mission of becoming the definitive meme coin for their community. The project aims to counter the prevalence of rug pulls and scams and create a token that is fair and community-centric.

The RFC token was launched on Mar 24, 2025, on the 

 platform. Within a few hours of its launch, the token graduated from the bonding curve and was placed in the liquidity pool. The initial post from the @ifindretards account is likely the major cause of the parabolic rise in the price of the token on the pump.fun platform. 

In the following days, the popularity of RFC experienced a significant surge, largely fueled by an enthusiastic community that rallied around the project. The coin’s 

 on Solana and its allocation of 96% of the supply to the public attracted a lot of attention from the meme coin community. Such community-centric characteristics quickly boosted the coin’s profile. According to 

, over 216 KOLs have mentioned the coin, with 124 being bullish and only five being bearish. This positive momentum was soon reflected in the price surge of RFC.

Following the graduation from the bonding curve, the price momentum continued and the coin reached a peak market cap of around $8 million, but quickly retraced to $1.2 million the next day. Over the next few days, the coin consolidated in the $1 million to $5 million range. 

On Mar 31, 2025, the coin broke out of this range and witnessed a 2-week staggering rally that saw the market cap rise as high as $138 million on Apr 14, 2025. This is a 25x increase from the first day’s close of $5.5 million. The coin has since retraced slightly, and as of Apr 15, it’s currently trading at a valuation of around $91 million market cap. 

The total supply of RFC is fixed at 1 billion tokens. The distribution of these tokens is heavily weighted towards the public, with 96% allocated for a public fair launch. Notably, only 4% of the total supply was allocated to the developer wallet, and the project explicitly states that there were no airdrops or presales.

If you’re interested in riding the RFC wave, you can go long or short on the token with up to 20x leverage on Bybit through its 

 RFCUSDT perpetual contract. Whether you're bullish or bearish, you can dive into the action and start trading the 

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RFC: Trending meme coin with a strong community

Altcoins

Explainers

Ethereum goes beyond just being a digital currency. It is dubbed as the "world's computer" that gives rise to decentralized apps. Learn more here!

Ethereum (ETH) Defined Ethereum is a decentralized, blockchain-based platform known for its native cryptocurrency, Ether (ETH), and its capability to run smart contracts and decentralized applications (dApps). It supports a vast ecosystem, including finance (DeFi), gaming, and non-fungible tokens (NFTs). Ethereum leverages consensus mechanisms like proof-of-stake to ensure network security and validate transactions. Despite its potential, Ethereum presents risks like market volatility and regulatory uncertainty. Investors are advised to consult professionals before investing.

At its core, Ethereum is a decentralized network that facilitates the development and utilization of digital assets, applications, and organizations without a centralized governing body or central authority. Its primary features include its native cryptocurrency, Ether (ETH), 

 capabilities, and a decentralized platform based on the Ethereum protocol. This powerful combination of features has led to a wide range of potential applications, from financial services and stablecoins to digital art and gaming, all driven by the passionate Ethereum community.

Potential investors must not overlook the various risks tied to this emerging technology, despite the promising rewards that Ethereum investment may bring. These include uncertainties surrounding its future development, environmental concerns, and competition from other agile competitors.

As our exploration of Ethereum’s depth continues, bear in mind the associated risks and rewards, and think about consulting a financial professional before making substantial investments.

The Ethereum blockchain serves as the backbone of its 

 platform, providing an open, resilient, and trustworthy foundation for global coordination and value sharing. This highly secure system relies on a distributed public ledger where transactions are verified and recorded, ensuring that no single entity can control or manipulate the network. Furthermore, Ethereum’s native cryptocurrency, Ether, is required to use the network and powers the Ethereum Virtual Machine (EVM), enabling users to transfer value without the need for traditional bank accounts.

Challenges related to scalability and accessibility are still faced by Ethereum’s decentralized platform, despite its numerous benefits. Block validation times and gas fees can impede interactions between large numbers of users, making it costly to develop on and difficult for those unfamiliar with its technology. Additionally, some platforms require specific wallets, forcing users to transfer their ETH between wallets to access various services.

Nevertheless, Ethereum’s decentralized nature and commitment to innovation continue to attract developers and users, fostering a thriving ecosystem of decentralized applications and services.

Smart contracts and decentralized applications (dApps) form the building blocks of Ethereum, enabling:

These self-executing contracts, coded on the Ethereum blockchain, allow two parties to agree on future goods or services delivery without legal counsel. Execute smart contracts automatically when the contract conditions are met. This programmability sets Ethereum apart from Bitcoin, as it enables users to build applications executed on the blockchain similarly to how software runs on a computer.

The myriad applications of Ethereum are vast and continue to expand, with non-fungible tokens (NFTs) and gaming being prime examples. NFTs, tokenized digital items created using Ethereum, have taken the world by storm, with digital art, sports tokens, and even historic moments in athletes’ careers being represented as unique digital assets. Meanwhile, blockchain gaming has introduced new levels of ownership and monetization for players, allowing them to reap rewards for their engagement and trade in-game assets securely. These use cases represent just a fraction of Ethereum’s immense potential, as its community of developers continues to push the boundaries of what’s possible.

Ethereum was brought to life by founders 

 and Joe Lubin, who envisioned a unified platform for decentralized application development with a native token, Ether, powering the network. To interact with this network, users need an Ethereum account. The project, however, faced challenges early on, with a theft of over $50 million worth of Ether collected for a project known as The 

. This event led to a hard fork, resulting in the permanent split of the original Ethereum and the formation of a new cryptocurrency called 

In response to the challenges faced by the nascent platform, the Ethereum Foundation was established. This Swiss-based nonprofit organization focuses on maintaining and developing the Ethereum network, ensuring its continued growth and innovation. Today, Ethereum stands as a testament to the resilience and vision of its creators, fostering a thriving ecosystem of developers, investors, and users.

Ethereum’s technical foundations consist of the following:

The EVM, a powerful engine, underpins the Ethereum network, enabling developers to create and deploy innovative applications on the blockchain.

To maintain the integrity and security of the network, Ethereum employs consensus mechanisms like proof-of-work and proof-of-stake to verify transactions. These mechanisms ensure that only genuine transactions are added to the blockchain, deterring malicious actors and maintaining network stability.

With the recent transition from proof-of-work to 

, Ethereum has taken a significant step towards improving its energy efficiency, scalability, and overall performance.

The Ethereum Virtual Machine (EVM) serves as the decentralized execution environment that powers smart contracts and dApps on the Ethereum network. Providing a runtime environment for developers to create decentralized applications, the EVM processes transactions, executes smart contracts, and maintains the Ethereum blockchain using opcodes. This versatile and Turing-complete machine can be accessed globally through participating network nodes, enabling developers to bring their visions to life on the Ethereum platform.

EVM bytecode, a low-level representation of smart contract code, is executed by the Ethereum Virtual Machine. Generated from high-level programming languages like Solidity, this binary string consists of opcodes that the EVM can interpret and execute. By deploying bytecode on the Ethereum blockchain, developers can create and launch powerful applications, revolutionizing industries and transforming the way we interact with technology.

Ethereum utilizes consensus mechanisms like proof-of-work and proof-of-stake to validate transactions and secure the network. Proof-of-work, the original mechanism employed by Ethereum, required miners to solve complex mathematical puzzles to validate blocks and transactions, consuming significant amounts of energy in the process. In contrast, proof-of-stake, the consensus mechanism currently used by Ethereum, relies on validators staking a specified amount of ETH to generate new blocks and verify transaction data.

The transition from proof-of-work to proof-of-stake has brought numerous benefits to the Ethereum network, including:

The adoption of proof-of-stake marks a significant milestone in Ethereum’s evolution.

Transactions on the Ethereum network involve cryptographically signed instructions from accounts, such as transferring Ethereum-based assets like Ether or tokens from one address to another. These ethereum transactions are sent to any node in the network and are processed by miners who are incentivized by gas fees. Gas fees, paid in Ether, are calculated by multiplying the gas limit and gas price together, representing the maximum amount of computational work a transaction can perform and the cost per unit of gas, respectively.

Gas fees serve a dual purpose in the Ethereum ecosystem: they incentivize network participation by rewarding miners for validating transactions, and they deter malicious actors by imposing a cost on each operation performed on the network. This system helps maintain the stability and security of the Ethereum network, ensuring that its blockchain remains a reliable foundation for decentralized applications and services.

Ethereum’s versatility has given rise to a diverse array of use cases, demonstrating the platform’s potential to revolutionize industries and redefine the way we interact with digital assets. Decentralized finance (DeFi), for example, leverages the power of Ethereum to provide financial services, lending, borrowing, and earning interest without the need for traditional intermediaries like banks. Meanwhile, the gaming industry has embraced Ethereum for its ability to grant players genuine ownership of in-game assets and enable digital asset monetization through non-fungible tokens (NFTs).

These examples represent just a fraction of the countless applications and industries that Ethereum has the potential to transform. As developers continue to explore the capabilities of Ethereum, the platform’s ecosystem is poised for exponential growth, paving the way for innovative solutions to global challenges and creating new opportunities for value creation and exchange.

While the potential rewards of investing in Ethereum can be alluring, it’s important to approach this emerging technology with a healthy dose of caution and due diligence. Investors should consult with a financial advisor to discuss potential risks, such as market volatility, regulatory uncertainties, and security concerns, before committing significant funds to Ethereum or other cryptocurrencies. Given the high-risk and unpredictable nature of the market, any investment in Ethereum should be expendable.

For those interested in exploring investment opportunities beyond directly purchasing Ether, there are alternative avenues to consider, such as investing in companies developing applications on the Ethereum network or professional funds like the Bitwise Ethereum Fund or Grayscale Ethereum Trust. Opening an investment account tailored to these opportunities can be a great way to diversify your portfolio. Regardless of the chosen investment strategy, potential investors should carefully research and assess their financial goals and risk tolerance before diving into the world of Ethereum.

Acquiring Ether involves the following steps:

Each wallet option offers varying degrees of security and convenience.

When handling Ether and other cryptocurrencies, careful management of private keys and account addresses is mandatory to prevent permanent loss of funds due to lost access to these credentials. By diligently researching and selecting the right wallet and exchange, users can safely acquire and store Ether in externally owned accounts while minimizing the risk of asset loss or theft.

The energy-intensive proof-of-work consensus mechanism of Ethereum has raised concerns about its environmental impact. However, the recent Merge upgrade has dramatically reduced Ethereum’s energy consumption by 99.95%, making it a low-carbon blockchain. This significant reduction in energy usage has been achieved by transitioning from the energy-intensive proof-of-work mechanism to the more sustainable proof-of-stake consensus algorithm.

Following the Merge upgrade, Ethereum’s estimated annual energy consumption has dropped to just 6.56 GWh, representing a reduction of over 99.99% compared to its previous energy usage. This commitment to sustainability demonstrates Ethereum’s dedication to evolving and adapting in response to global challenges, positioning the platform as a responsible and environmentally conscious player in the world of blockchain technology.

, while sharing some commonalities like the use of digital money and decentralized networks, have significant differences in their capabilities and target use cases.

Ethereum’s programmability sets it apart, allowing for the creation of:

On the other hand, Bitcoin primarily serves as a payment network, offering an alternative to traditional bank account transactions.

Furthermore, Ethereum’s transaction validation speed is considerably faster, taking approximately 12 seconds compared to Bitcoin’s 10-minute block validation time.

Despite these differences, both Ethereum and Bitcoin share a common goal: to revolutionize the way we interact with digital assets and enable a more decentralized and secure future. As the world of blockchain technology continues to evolve, both platforms will undoubtedly play a significant role in shaping the future of digital innovation and value exchange.

The future of Ethereum looks promising, with numerous upgrades and developments in the pipeline focused on enhancing scalability, security, and energy efficiency. 

, also known as Eth2 or “Serenity,” represents a major upgrade to the network, featuring the implementation of proof-of-stake consensus, shard chains, and the Beacon Chain, which serves as the backbone of the new Ethereum network.

In addition to the ongoing rollout of Ethereum 2.0, upcoming updates and enhancements, such as EIP-4844 and zero-knowledge scaling solutions, promise to further boost Ethereum’s scalability and performance.

As Ethereum continues to evolve and innovate, its diverse ecosystem of developers, investors, and users will undoubtedly drive the platform to new heights and reshape the future of blockchain technology.

Ethereum stands as a powerful testament to the potential of blockchain technology, offering a decentralized platform that enables global coordination, digital asset creation, and the development of innovative applications and services. With its core features of smart contracts, decentralized applications, and native cryptocurrency Ether, Ethereum has captured the imagination of developers, investors, and users alike, transforming industries and redefining the way we interact with digital assets.

As we witness the continued growth and evolution of Ethereum, it’s clear that this revolutionary technology is just beginning to unlock its immense potential. Whether through the expansion of decentralized finance, the burgeoning world of non-fungible tokens, or the ongoing development of Ethereum 2.0, the future of Ethereum is bright and full of promise. As we embark on this exciting journey, one thing is certain: Ethereum is poised to change the world in ways we can only begin to imagine.

Ethereum is a decentralized blockchain platform that enables users to securely execute and verify application code, known as smart contracts. It establishes a peer-to-peer network and features a token designed to pay for work done supporting the blockchain. Smart contracts allow participants to securely transact without the need for a central authority.

Yes, Ethereum is a real cryptocurrency that can be used to purchase goods and services, as well as traded on exchanges for fiat currencies. Ether is also held as an investment and used on the Ethereum network to pay transaction fees.

By creating a premium decentralized application on the Ethereum blockchain, you can make money directly. You can create digital ledgers, crypto exchanges and more to monetize your application.

What is the difference between Ethereum and Bitcoin?

Ethereum and Bitcoin both enable digital money transactions without payment providers or banks, but Ethereum has the added capability of allowing users to build and deploy decentralized applications, making it a more versatile tool than Bitcoin, which primarily serves as a payment network.

You can acquire Ether through cryptocurrency exchanges and securely store it in a digital wallet requiring an account address and passphrase or private key.

What Is Ethereum (ETH) and How Does It Work?

Compete for 2,500 USDT USDT Every Week

What Is Ethereum (ETH) and How Does It Work?

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT USDT Every Week

Grab Up to 5,000 USDT in Rewards