BinaryX has rebranded to Four, uniting GameFi, IGOs, and MemeFi under one ecosystem. With BNX now FORM, Four continues to innovate in blockchain gaming."

Having launched in May 2021, BinaryX, which started out as a 

 (DeFi) platform, has continued to evolve and adapt to the rapidly changing blockchain landscape. However, in the spirit of adaptability and innovation, the platform switched to 

, focusing its attention on play-to-earn (P2E) games.

As a GameFi platform, BinaryX has also created an 

 (IGO) launchpad from which developers can launch GameFi projects.

Now, BinaryX has rebranded to Four in order to align with the mission of its 

 product, a launch platform for the meme coin ecosystem.

Let's learn more about BinaryX and the way it continues to shape the crypto market with innovative products and adaptable business models.

 hub for the development of GameFi projects, includes an IGO launchpad to facilitate developers in launching games. 

BinaryX began in 2021 as a decentralized derivative trading system that featured the use of 

. But in 2022, the BinaryX team gradually evolved its project into a GameFi platform in order to adapt to the increased demand for P2E games. Its aim is to make web3 games more accessible and approachable to the vast community of gamers.

BinaryX also developed an IGO launchpad to serve as a comprehensive hub for gaming developers to launch their GameFi projects, and for investors to receive early access to promising new play-to-earn games. Furthermore, the BinaryX team announced the incorporation of a 

 (DAO) into its GameFi ecosystem so that its community of token holders could participate in voting on governance matters.

In February 2025, BinaryX rebranded to Four in order to align with its latest product, Four.meme, which was launched in July 2024. Following the rebrand, its native token, BNX, would now become FORM to reflect the project's commitment to innovation and adaptability.

As one of the top web3 platforms on BNB Chain, BinaryX has continued to innovate and experiment with different business models to adapt to the blockchain landscape's fast-paced nature. To this end, BinaryX has the following diverse products under its wing.

BinaryX launched its Initial Game Offering (IGO) launchpad in May 2022 as a dedicated platform to support blockchain gaming projects. The launchpad helps game developers secure funding for decentralized video games. They also get a platform on which to build communities and accelerate their web3 game development.

By leveraging BinaryX’s expertise in GameFi and its existing user base, projects gain exposure to a vast community of crypto gamers. The platform offers early access to promising blockchain games, allowing investors to participate in token sales and 

 presales. BNX holders can use their tokens to vote for games' listings on the BinaryX platform, and they also receive rewards, such as game tokens and NFT 

Some notable games launched on the BinaryX IGO launchpad include 

. These games showcase BinaryX’s commitment to innovation in GameFi, integrating play-to-earn mechanics, NFTs and decentralized governance to help create immersive gaming ecosystems.

BinaryX's GameFi trading platform is a marketplace designed for seamlessly trading blockchain gaming assets, including NFTs, in-game tokens and virtual items. Launched to support the growing GameFi ecosystem, the platform enables gamers and investors to buy, sell, trade and auction assets from BinaryX-powered games in a secure and efficient manner.

 and DeFi principles, BinaryX ensures transparent transactions with minimal fees, and enhances liquidity for in-game assets while empowering players to maximize their earnings.

The BinaryX GameFi trading platform supports transactions involving 

In January 2022, BinaryX launched the BinaryX DAO, a first for a GameFi project, through which BNX token holders can participate in the project's community governance, determine airdrop and dividend ratios, and submit proposals on how to improve the BinaryX ecosystem.

Case in point: BinaryX's community participated in voting for/against the platform's rebranding to Four during a community vote that was held from Sep 21–23, 2024.

The BinaryX Treasury serves as the financial backbone of the BinaryX ecosystem, supporting the development and sustainability of its GameFi projects. Some sources of assets used to fund the treasury include initial capital injection by the BNX team, income from gaming activities, income from the IGO launchpad and profit from external investment.

Profits in the BinaryX Treasury are used to reward BNX stakers, incentivize BinaryX sidechain node providers and finance strategic investments in third-party projects.

BNX is the native token for the BinaryX platform. Its original maximum supply of 2.1 billion tokens was adjusted to 580 million after a community vote in late July 2024.

Distribution of the 580 million BNX tokens is as follows:

Following BinaryX's rebranding to Four, BNX will change to FORM, and holders will be allowed to exchange to the new token at a ratio of 1:1 (details to follow at a later date).

BinaryX has integrated a multi-token model. Apart from BNX, the other two tokens associated with the platform are as follows:

BinaryX officially rebranded to Four on Feb 21, 2025, following an overwhelming vote via its DAO, marking a significant transformation in its vision for GameFi and DeFi innovation. This shift comes with a revamped website, which will serve as a hub for the GameFi platform, IGO launchpad and Four.meme, a new addition to Four’s expanding ecosystem.

Following the rebranding, a 1:1 token migration from BNX to FORM is necessary in order to enhance the token's identity and align with the project's new direction. FORM remains on the BNB Chain, ensuring smooth compatibility with existing infrastructure.

 (CEXs) won’t need to do anything — the token swap to FORM will take place automatically. BinaryX will liaise with these exchanges to switch from the BNX contract address to the one for FORM.

 (DEXs), cold wallets and self-custody wallets will need to carry out a manual token swap based on a converter provided by BinaryX. To carry out this token swap, you’ll need to do the following:

 landing page (link will be provided at a later date).

4. Sign to authenticate your transaction to receive the FORM tokens.

5. Add the new FORM contract address into your wallet to see the new tokens.

You can buy BNX as a USDT Perpetual contract (

) on the Bybit trading platform. However, the BNXUSDT contract will be delisted on Mar 17, 2025, 9AM UTC, so make sure to close your open positions and cancel your active orders for BNXUSDT as soon as possible.

Over the years, BinaryX has consistently demonstrated strong performance. The rebranding of BinaryX to Four marks a bold step forward in its mission to impact the web3 space. This transformation reflects the project’s commitment to expanding its ecosystem, enhancing token identity and integrating innovative elements, such as Four.meme, alongside its GameFi platform and IGO launchpad.

By adapting to the evolving crypto landscape, Four is positioning itself as a comprehensive hub for web3 and gaming enthusiasts so that it can offer a seamless experience for gamers, investors and meme culture participants. The introduction of the FORM token ensures a more cohesive and recognizable branding, reinforcing Four’s long-term vision. Thanks to the smooth migration process from BNX to FORM, users can continue participating in the ecosystem while benefiting from enhanced liquidity and utility.

Four remains dedicated to GameFi innovation, supporting successful blockchain games such as 

, all of which feature play-to-earn mechanics, NFTs and decentralized governance. The revamped platform is designed to foster a dynamic gaming economy, support new game launches and provide a secure environment for trading digital assets. With its rebranding and expanded offerings, Four is set to lead the next wave of blockchain gaming and DeFi innovation, uniting gamers, developers and investors in a vibrant web3 ecosystem.

Intermediate

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From BinaryX to Four: A unified hub for GameFi, IGOs and MemeFi

Learn about the benefits of using Bybit Pay and the step-by-step instructions to get started with Bybit Pay now.

Traditional financial systems and blockchain-based ecosystems have long operated in silos, creating friction for users and businesses alike. 

 is a new payment solution that’s been designed from the ground up to solve this issue to make cryptocurrency transactions seamless for any users.

With the aim of mainstreaming crypto payment options, Bybit Pay has already begun partnering with traditional payment solution providers, enabling users to transact with cryptocurrencies through existing infrastructure. For example, with its recent 

, Brazilian users can now shop by using cryptocurrencies in a quick and effortless manner. 

In this article, we’ll explain the benefits of using Bybit Pay and provide step-by-step instructions for new users who want to get started with the platform.

With more than 60 million users on the Bybit platform, Bybit Pay empowers merchants with access to the global network of its vast user base. Meanwhile, users benefit from a seamless integration with web3 wallets that makes paying with crypto as easy as paying with fiat currency. The platform also offers collateralized payment tools that allow users to borrow against their NFT and crypto holdings. 

Through these innovative features, Bybit Pay blends the ease of traditional finance with the flexibility of cryptocurrencies, creating an ecosystem that benefits both users and merchants.

Bybit Pay can be accessed using the Bybit App on mobile and desktop. 

While filling in the form, make sure that the information you enter matches the information you’ve already provided during 

: As of now, only verified users in Brazil can make transactions using a Pix QR code.

Since the Pix integration, Brazilian users can use Bybit Pay wherever Pix is accepted. This opens up a vast network of offline establishments in the country, since Pix is Brazil’s leading instant payment system provider. 

In addition to offline establishments, Bybit Pay can also be used with a number of e-commerce providers for online shopping using cryptocurrencies. Bybit Pay will be available to users from other regions soon.

With the launch of Bybit Pay, Bybit is integrating crypto payments with traditional payment services providers — and vastly expanding the number of places where cryptocurrencies can be used.

Beginner

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How to use Bybit Pay for effortless payments

SwapX (SWPX) is a Sonic-based DEX offering concentrated liquidity, automated liquidity management and modular plugins for seamless DeFi trading.

In mid-February 2025, Argentina's President Javier Milei posted a tweet promoting a previously poorly known cryptocurrency, 

 (SOL)–based Libra (LIBRA), triggering a huge price surge from fractions of a cent to over $5 within hours of the tweet. The token's creators, who controlled 70% of the supply, quickly sold their holdings at the peak, causing the price to plummet to less than $1 within hours. Approximately five hours after his initial post, Milei deleted his post, distancing himself from the project as 

The LIBRA token debacle further tarnished Solana's reputation, already undermined by the numerous dubious meme coins on Solana, exacerbating SOL's decline. US president Donald Trump's announcement about including SOL in the proposed US strategic crypto reserve assets list helped soften the decline, but the damage had already been done.

Against the backdrop of Solana’s reputational troubles, developers and 

 (DApp) operators are actively searching for alternatives — and many are turning to 

 (S), the rebranded reincarnation of Fantom (FTM), as a chain that also features great performance and cost advantages, while also being 

 (EVM)–compatible and, importantly, largely free from the image of a scam nest.

Among the many DApps embracing Sonic is SwapX (SWPX), a 

 (DEX) that offers a number of innovative features, including concentrated liquidity (CL) provision, modular plugins for additional functionality, automated liquidity management, user-friendly account abstraction and more.

 (SWPX) is a DEX platform built on the Sonic Layer 1 blockchain, which aims to provide efficient, user-friendly and flexible trading solutions for crypto token traders and liquidity providers. 

SwapX takes advantage of Sonic's speed and cost advantages to offer cheaper transactions and nearly immediate settlement, both of which are important considerations for DEX users.

The SwapX project has implemented several features and services to address the needs of 

 and liquidity providers at all expertise levels.

SwapX's execution engine is powered by Algebra Integral, a 

 (DeFi) technology provider offering a suite of 

 (AMM) solutions. The SwapX DEX has integrated Algebra Integral's V4 engine, a modular architecture that lets exchanges use customizable plugins for additional functionality. SwapX's plugins support modular upgrades and extend the platform's capabilities by adding new services without disrupting core operations.

 (UNI) v3–style CL pools, which let liquidity providers contribute their funds within specific price ranges. The platform also features automated liquidity management (ALM), so users can add a single token to liquidity pools (instead of having to deposit a pair of tokens). It also removes the need for liquidity providers to actively monitor their positions.

SwapX prides itself on its robust operations, which ensures overall security by restricting plugins from handling user funds directly, thus minimizing the risk of potential vulnerabilities. The platform also uses thoroughly audited, verified 

Another innovative feature of SwapX is account abstraction (AA), which simplifies user authentication by allowing access via an email or Google account. Instead of relying solely on 

, AA uses smart contracts to manage accounts, which further enhances security.

The SwapX project is unrelated to the earlier (and, by now, largely defunct) BSCEX AMM aggregator platform, which was sometimes referred to as BSCEX SwapX.

SwapX's choice of the Sonic blockchain isn’t incidental. The 

 chain has been gaining popularity over the past few months, thanks to its stellar technical properties, low transaction costs and scam-free reputation.

Sonic, a rebranding of an earlier popular blockchain Fantom (FTM), launched its mainnet in December 2024. The Sonic chain boasts a throughput capacity of up to 10,000 

 and sub-second finality times. Unlike Solana, Sonic is also EVM-compatible.

In February 2025, DeFi activity on Sonic began to rise, with some of the new activity supported by Solana's difficulties and the search for a less controversy-affected hosting platform.

Supported by the broader shift from Solana to Sonic, some Sonic-based DeFi protocols — such as Shadow (SHADOW), Metropolis (METRO) and SwapX itself — saw their token prices surge around mid-February. However, by early March, many of the tokens were off the highs to which they’d quickly climbed.

We noted above that plugins are one of SwapX's core features, allowing it to extend the basic AMM functionality. YieldSync is probably the most important of these plugins.

The plugin, created jointly by SwapX and Algebra Integral's developer, enhances liquidity pools containing yield-bearing assets like 

 (LSTs) and liquid restaking tokens (LRTs). It redirects part of these tokens' yield into incentives that encourage voting within the platform's governance system. 

This process increases the overall rewards for liquidity providers and makes the pools more attractive, which draws in more liquidity and boosts the pools' efficiency.

CL, another key feature of SwapX, allows liquidity providers to contribute their funds within specific price ranges to optimize the use of their liquidity. First introduced by Uniswap v3, the CL model can deliver greater returns and lead to more efficient capital usage than the standard AMM setup, whereby the contributed liquidity is spread over the entire price range in the pool.

It should also be noted that while CL-based liquidity provision can be highly profitable, it requires active management and is more complex than the standard AMM model.

SwapX features four distinct liquidity pool types 

 Classic Volatile AMM, Classic Stable AMM, CLAMM and single-token pools offered in partnership with the ICHI liquidity strategies provider.

Earlier on, we mentioned SwapX's ALM functionality, which is leveraged by the ICHI pools. In essence, SwapX's ALM helps liquidity providers in CL pools automate the process of adjusting liquidity within specific price ranges. This reduces the need for constant monitoring and manual adjustments, one of the core drawbacks of the standard CL model. ALM aims to maximize yields by keeping liquidity active within profitable price ranges. In other words, SwapX's ALM might be described as an "auto-pilot" mode for concentrated liquidity provision.

 asset issued on the Sonic chain. Its primary function is to facilitate 

 voting on the platform. Holders of SWPX can lock their funds and be issued veSWPX, an NFT asset that grants the rights to participate in on-chain votes, and attain voting power alongside farming rewards. In addition, veSWPX qualifies you to receive weekly rewards from swap fees and voting incentives. Eligible users can also receive the token via 

SWPX has a max supply of 123 million and a total supply of over 58 million, of which around 14.44 million are in circulation. The token's maximum supply limitation is 123 million. As of Mar 14, 2025, the token is trading at $0.30 and has a market cap of $4.44 million, according to data from CoinGecko.

SwapX is among the newer DeFi platforms taking advantage of the Sonic blockchain's recent popularity, technical efficiencies and low costs. With an array of options for traders at all levels of expertise, SwapX has solid potential to become a significant player, at least within the Sonic ecosystem. 

Whether you want basic token swaps and liquidity provision, or prefer to utilize more advanced strategies, such as CL-based liquidity provision and ALM, SwapX has something to offer you.

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SwapX (SWPX): The future of liquidity provision on Sonic

Indices are essentially statistical measures that track the performance of a group of assets. Learn more here.

From the Dow Jones Industrial Average (DJIA, or simply the Dow) to the Hang Seng Index (HSI), the world’s major stock market indices are vital benchmarks that reflect the performance of leading companies across regions. For beginning and veteran traders alike, such indices act as overarching market bellwethers that provide deeper insights into market trends and serve as tools for trading strategies, risk management and portfolio diversification.

Given their mass popularity, indices are widely traded in the forms of futures, options and 

 (ETFs), enabling traders to effortlessly hedge against volatility or speculate on market movements through their preferred instrument. In this article, we’ll explore the world’s biggest market benchmarks, their composition, significance in trading and their role in shaping global financial markets.

Indices are essentially statistical measures that track the performance of a group of assets. For example, by referring to the three major US indices, we can immediately tell how a particular segment of the market is performing, thanks to the snapshot provided by these indices. 

At their core, these indices provide a way to gauge market trends, manage risk and diversify portfolios by offering a broad view of different sectors or asset classes. They’re widely used in financial markets for investment strategies, and as benchmarks for evaluating performance.

While more popular indices typically track the prices of stocks, traders may also consider trading indices that take into account the performance of other asset types, such as commodities and fixed-income instruments (e.g., bonds).

How indices work — mechanics, composition and weightage

Beyond simple tracking, indices also serve as the basis for numerous financial products that enable traders to participate in broad market movements without needing to purchase individual assets. This unmatched level of accessibility makes indices crucial for both institutional and retail traders. To go one step further, the construction of an index — including the specific assets being included, and their weighting — can significantly impact the index’s behavior, and the extent to which it effectively represents its target market.

Overall, understanding these construction methodologies is vital for traders who want to accurately interpret index movements and make informed decisions. We’ll go into more detail on the inner workings of index trading in the subsequent sections of this article.

Index trading involves speculating on the price movements of a group of assets without directly owning them. This is typically achieved through financial instruments, such as contracts for difference (CFDs), futures or options. The following section provides a detailed explanation of the mechanics involved.

As previously mentioned, indices are composed of various assets, such as stocks, commodities or bonds, and their performance is tracked using different weighting methods. The most common methods include the following.

Now that you’re familiar with the technicalities involved with index composition, let’s dive deeper into the instruments involved with the trading of indices.

New to trading indices? No worries. Here’s a quick four-step process to help you get started.

In summary, index trading provides a way to participate in broad market movements through various financial instruments. It offers diversification and flexibility but requires careful 

, given the volatility associated with index trading.

Trading indices offers several compelling advantages that make them an attractive option for both novice and experienced traders. The following reasons are worth considering.

Indices can be categorized based on their coverage, weighting method and focus. 

Following are some of the main types of indices.

Index prices are influenced by a variety of factors that can be broadly categorized into economic indicators, company performance, market sentiment and external events. These factors interact dynamically, influencing the overall performance of indices and shaping market trends.

For traders looking to get started with index trading, 

 with deep liquidity and competitive spreads. For a limited time (from Mar 13 through Apr 12, 2025), we’re running a 

 in which traders can enjoy zero fees on selected index pairs, making it even more cost-effective to explore index trading.

Ultimately, trading indices can seem daunting, given their depth of assets and the mechanics involved. For example, the S&P 500 comprises hundreds of stocks, each with different amounts of weightage. If mega-cap stocks like Tesla were to face some form of volatility, there would definitely be an impact on the index. As such, beginning traders who are new to index trading must 

 prior to transacting with indices, given the risks involved with the use of leveraged instruments.

For those with a longer time horizon in mind, trading indices can certainly be useful, especially if you’re intending to 

 your entries over time when building up your position. Given the extent of diversification involved and the sheer amount of liquidity present, it certainly would make sense for any trader with a long-term bullish inclination to trade indices and hold their ETFs for the long haul.

With a reliable platform like Bybit Gold&FX, you’ll practically be spoiled for choice when it comes to navigating the diverse world of indices and other financial instruments. By empowering traders with access to real-time data, advanced charting tools and a user-friendly interface, Bybit Gold&FX helps traders make informed decisions when analyzing market trends and execute trades with precision.

Whether you're interested in tracking the performance of major stock market indices, exploring commodity indices or diversifying your portfolio with forex and gold, Bybit Gold&FX offers the necessary resources and support. The platform's focus on security and transparency provides traders with peace of mind, allowing them to concentrate on their investment strategies and capitalize on market opportunities. In essence, it transforms the complexities of index trading into an accessible and sleek experience.

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Indices: Trading the world’s biggest market benchmarks

Bybit Learn

Altcoins

Explainers

Arbitrum is a scaling solution that supports Ethereum by allowing greater transaction volumes with lower fees. Learn more about Arbitrum and its new token here.

 network continues to face scalability challenges, solutions like Arbitrum are emerging as game-changers in addressing transaction costs and network congestion. Are you curious about “what is Arbitrum crypto” and its impact on the Ethereum ecosystem? Look no further, as we unravel the world of Arbitrum, its unique approach, and its potential to revolutionize Ethereum’s Layer 2 landscape.

 for Ethereum, Arbitrum aims to alleviate the network’s growing pains by processing smart contract transactions on separate Arbitrum chains. Founded by Offchain Labs, a New York-based Ethereum startup, Arbitrum has attracted investments from notable firms such as Alameda Research, Pantera Capital, and Lightspeed Venture Partners.

Arbitrum’s Layer 2 (L2) platform offers the following benefits:

Ethereum’s current limitations in transaction processing speed, high fees, and scalability bottleneck have prompted the community to explore Layer 2 solutions to enhance its performance. High gas fees and slow transaction times hinder the adoption of Ethereum-based decentralized applications (dApps), creating a pressing need for off-chain scaling solutions.

Arbitrum technology is one such solution that addresses these issues by employing optimistic rollups to process transactions off-chain, significantly reducing gas fees and transaction times. Layer 2 solutions such as Arbitrum play a significant role in enhancing the scalability and efficiency of the Ethereum network, leading to a better user experience for 

Arbitrum significantly contributes to Ethereum’s scaling efforts by offering a Layer 2 solution that minimizes mainnet congestion, leading to quicker transaction times and reduced fees. Furthermore, the Arbitrum protocol is designed to be compatible with Ethereum smart contracts, making it a seamless and powerful solution for scaling Ethereum.

The platform’s unique approach to scaling involves using optimistic rollups and the Arbitrum Virtual Machine (AVM) to process transactions more efficiently and securely. By offloading some of the computational load from the Ethereum mainnet to the AVM, Arbitrum enables faster and more cost-effective transactions, improving the user experience on the Ethereum network.

How Arbitrum Works: Optimistic Rollups and Virtual Machine

Arbitrum leverages optimistic rollups and a virtual machine to process transactions off-chain, settling them on the Ethereum mainchain in an efficient and secure manner. This is achieved by creating a sidechain linked to the Ethereum main chain and utilizing the Arbitrum Virtual Machine (AVM) to compile batches of transactions, settle them on the sidechain, and then broadcast the transaction data to the Ethereum 

Optimistic rollups allow Arbitrum to assume transactions are valid by default, verifying them 

 only if a dispute arises. By processing transactions off-chain, Arbitrum significantly reduces the time and cost associated with on-chain transaction processing, making it an attractive scaling solution for Ethereum users and developers.

This efficient approach to transaction processing minimizes transaction fees and the burden on the Ethereum network, allowing for faster and more cost-effective ethereum transactions.

In contrast to other Layer 2 solutions like sidechains, optimistic rollups rely on the security of the main blockchain. This ensures that even in the event of faulty blocks, the integrity of the mainchain remains uncompromised, providing a secure and reliable scaling solution for Ethereum users.

The Arbitrum Virtual Machine (AVM) is an integral component of the Arbitrum ecosystem, allowing developers to deploy their existing Ethereum smart contracts on Arbitrum with minimal modifications.

By leveraging the AVM, developers can unlock the full potential of Arbitrum’s Layer 2 solution while maintaining compatibility with the Ethereum ecosystem.

In addition to compatibility with Ethereum, the AVM offers developers advanced features such as a built-in console, debugging capabilities, and the ability to extend functionality through plugins. As a record-keeper, traffic cop, and enforcer for the execution of smart contracts, the AVM ensures the security and reliability of the Arbitrum ecosystem.

The Arbitrum Ecosystem: Main Components and Evolution

The Arbitrum ecosystem comprises three main components:

As the ecosystem evolves, these components work together to provide a robust and scalable Layer 2 solution for Ethereum applications.

From the mainnet of Arbitrum One to the technical upgrades of Arbitrum Nitro and the scalability-focused Arbitrum Nova, the ecosystem caters to a wide range of use cases and requirements, all with the common goal of enhancing Ethereum’s performance and user experience.

Arbitrum One is the official mainnet of the Arbitrum ecosystem, providing the infrastructure to power the entire ecosystem and process transactions on the Arbitrum Virtual Machine (AVM). Launched on August 31st, 2021, Arbitrum One is designed to enhance user experience by reducing transaction costs and increasing transaction speed.

As the mainnet, Arbitrum One is compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily deploy their smart contracts on Arbitrum and take advantage of its Layer 2 scaling benefits. This compatibility ensures that existing Ethereum applications can seamlessly integrate with Arbitrum One, further expanding the ecosystem’s reach and impact.

Arbitrum Nitro is a significant technical enhancement to the infrastructure of Arbitrum One’s ecosystem, increasing its speed, EVM compatibility, and cost-efficiency. By implementing interactive proofs running on WASM code, Nitro enables developers to use standardized EVM-compatible languages and execute unmodified EVM contracts.

The key improvements offered by Arbitrum Nitro include reduced transaction costs, increased transaction throughput, and enhanced scalability. These enhancements make Arbitrum Nitro an attractive option for developers looking to build and deploy robust and efficient Ethereum applications on Arbitrum’s Layer 2 scaling solution.

Arbitrum Nova is a new chain specifically designed to facilitate applications with high transaction volumes on the Arbitrum network. As an Arbitrum chain, it offers increased scalability but with some trade-off in terms of security, making it an ideal choice for use cases where high throughput is a priority, such as an arbitrum dao.

Arbitrum Nova is built on the Arbitrum One network and utilizes the AnyTrust technology developed by Offchain Labs to reduce fees and enhance transaction speed. Nova is distinct from Arbitrum One in that it does not post transaction data, sacrificing some security features for the sake of increased scalability and performance in high-transaction-volume applications.

The ARB token, also known as the Arbitrum token, is the native governance token for the Arbitrum blockchain, serving the purpose of value transfer, investment, and voting on governance decisions. As a crucial component of the Arbitrum ecosystem, the ARB token empowers token holders to influence the future development of the platform and benefit from its growth and success.

ARB token holders have the authority to cast their votes on key governance decisions, including the allocation of funds, investments, and technical modifications to the network infrastructure. This decentralized governance model ensures that the Arbitrum ecosystem remains responsive to the needs of its users and continues to evolve and improve over time, similar to the collaborative approach of a security council.

The primary roles of the ARB token in the Arbitrum ecosystem are to provide governance rights, enable value transfer, and influence the future development of the ecosystem. As a native utility token, the ARB token allows holders to participate in the decision-making process, ensuring that the platform remains aligned with the needs and priorities of its users.

In addition to its role in governance, the ARB token also offers investment opportunities through governance participation, staking for rewards, and potential price appreciation. As the Arbitrum ecosystem continues to grow and evolve, the value of the ARB token is expected to increase, offering potential returns for long-term token holders.

The tokenomics of the ARB token involve an initial supply of 10 billion tokens, a yearly inflation rate of 2%, and a current circulating supply of 1.275 billion tokens. This economic model ensures a stable supply of tokens while incentivizing long-term holding and participation in the Arbitrum ecosystem.

As the platform gains adoption and usage, the demand for the ARB token is expected to grow, driving its value and making it an attractive investment for those looking to participate in the Arbitrum ecosystem. Investors should carefully consider the tokenomics of the ARB token and its potential for growth before making any decisions.

Comparing Arbitrum to Other Layer 2 Solutions

Arbitrum is often compared to other Layer 2 scaling solutions like Optimism and ZK-Rollups, each with its unique approach to solving Ethereum’s scalability issues. As a result, it’s essential to understand the differences between these solutions and how they impact their respective performance and capabilities.

The subsequent sections compare Arbitrum to Optimism and ZK-Rollups, highlighting their distinctive features and their approaches to addressing Ethereum’s scalability challenges. This comparison aims to provide a clear understanding of each solution’s strengths and weaknesses, assisting you in making a decision about the Layer 2 solution that suits your needs the best.

While both Arbitrum and Optimism use optimistic rollups as their core technology, they differ in their implementation and security models. Arbitrum employs multi-round fraud proofs executed off-chain, whereas Optimism relies on single-round fraud proofs executed on Layer 1.

Arbitrum’s use of multi-round fraud proofs enables it to scale more effectively and minimize the burden placed on the Ethereum network. On the other hand, Optimism’s single-round fraud proofs may offer faster transaction speeds, but they also introduce a delay for transaction finality.

Ultimately, the choice between Arbitrum and Optimism will depend on the specific requirements and priorities of the user or developer.

Arbitrum and ZK-Rollups both aim to enhance transaction speed and scalability on the Ethereum network, but they employ different techniques to achieve their goals. While Arbitrum uses optimistic rollups to aggregate multiple transactions into a single batch, ZK-Rollups leverage zero-knowledge proofs to shift most of the computation off-chain.

ZK-Rollups typically offer stronger privacy guarantees and may require more computational resources compared to optimistic rollups. However, the specific benefits and trade-offs of each solution will depend on the user’s priorities and the nature of their applications. By understanding the differences between Arbitrum and ZK-Rollups, users can make an informed decision about which Layer 2 scaling solution best fits their needs.

To ensure the security of your ARB tokens and minimize the risk of loss, it’s crucial to choose secure wallets and reliable exchanges for trading. As with any digital asset, conducting proper research and due diligence is essential to protect your investments and avoid potential pitfalls.

The upcoming sections will provide recommendations for secure wallets to safeguard your ARB tokens and discuss the various exchanges where they can be traded. Armed with this knowledge, you’ll be well-equipped to safely use and trade ARB tokens in the Arbitrum ecosystem.

When it comes to storing your ARB tokens, selecting a secure wallet is of utmost importance. Some of the recommended wallets for using Arbitrum include hardware wallets like Ledger and third-party wallets like MetaMask.

These wallets offer advanced security features to protect your digital assets, such as secure chips, encryption of user data, and cold storage for funds. By choosing a reputable and secure wallet, you can ensure the safety of your ARB tokens and minimize the risk of loss.

ARB tokens can be traded on various exchanges, such as 

. When selecting an exchange to trade ARB tokens, it’s essential to consider factors such as security protocols, fees, and the reputation of the exchange.

Before trading ARB tokens on any exchange, always conduct proper research and due diligence to ensure a smooth and secure trading experience. By choosing reliable exchanges and following best practices for security, you can confidently trade ARB tokens and participate in the exciting Arbitrum ecosystem.

In conclusion, Arbitrum is a promising Layer 2 scaling solution for Ethereum, addressing the network’s scalability challenges through its innovative use of optimistic rollups and the Arbitrum Virtual Machine. With its growing ecosystem and the potential for further development, Arbitrum is well-positioned to become a leading player in the Ethereum Layer 2 landscape, offering users and developers an efficient and cost-effective alternative for building and deploying decentralized applications. #Bybit #CryptoArk

Arbitrum has a strong underlying metrics and is a promising cryptocurrency. Despite currently trading down 90% from its highs, the market worth of $1.51 billion and a 5.1% value growth since May 12 make it a great investment opportunity for those willing to wait for potential 10X gains.

What is the difference between arbitrum and Ethereum?

Arbitrum allows users to select their own group of validators to perform consensus, while Ethereum requires each validator to keep track of all network apps. This means that validators working on one Arbitrum app cannot interact with other Arbitrum apps.

Arbitrum offers developers high compatibility with the Ethereum Virtual Machine, allowing them to deploy their existing smart contracts. It also provides faster transaction throughput, lower costs and quicker finality, making it an ideal choice for scaling Ethereum applications.

Arbitrum is an Ethereum Layer 2 scaling solution designed to reduce transaction costs and network congestion by allowing smart contract transactions to be processed on a separate chain.

How does Arbitrum differ from other Layer 2 solutions like Optimism and ZK-Rollups?

Arbitrum's use of an optimistic rollup with a virtual machine differentiates it from Optimism and ZK-Rollups, which rely on fraud proofs and zero-knowledge proofs respectively for transaction processing.

What Is Arbitrum Crypto? A Beginner's Guide to Ethereum's Game-Changing Layer 2 Solution

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