Solv Protocol serves as an on-chain Bitcoin reserve, offering BTC holders the opportunity to earn yield on their assets through SolvBTC and more.

 currently boasts a market capitalization of $1.96 trillion, solidifying its position as the world’s most valuable cryptocurrency. Yet, much of this BTC remains idle in investors' wallets, held for long-term gains. But what if there were a way to generate yield while 

ing Bitcoin? Enter Solv Protocol — a platform designed to maximize Bitcoin's utility by enabling users to earn staking and 

 (DeFi) yields on their BTC holdings. Let's dive in!

 serves as an on-chain Bitcoin reserve, offering BTC holders the opportunity to earn yield on their assets through 

 (WBTC) for SolvBTC, which can then be utilized in 

 (LSTs) across multiple chains. By integrating with BTC liquidity solutions, Solv Protocol bridges the gap between Bitcoin and DeFi. The platform currently boasts $2.7 billion in 

 (TVL), with nearly 26,000 BTC staked and over 590,000 users.

 is Solv's universal Bitcoin reserve token. Designed to unlock the full potential of over $1 trillion in BTC assets, SolvBTC ensures price stability with a direct 1:1 peg with Bitcoin. 

Users can mint the SolvBTC token by depositing either native Bitcoin or WBTC. Doing so provides them with an asset they can utilize to earn additional yield on their Bitcoin holdings via 

Through Solv DeFi vaults, you can utilize your Bitcoin in DeFi applications to generate yield and 

. Solv Protocol has integrated DeFi protocols from across 12 blockchains, enabling users to execute SolvBTC strategies ranging from lending and liquidity provision to staking and restaking.

SolvBTC LSTs establish the standard for all liquid staking tokens within Solv’s ecosystem. By staking SolvBTC in the form of an LST, you can earn staking rewards on your assets while maintaining liquidity. Since there’s no need to lock up your Bitcoin, you can generate additional yield on SolvBTC LSTs by depositing them to DeFi protocols. These liquid staking tokens can be unstaked at any time to access SolvBTC deposits and cash out staking rewards, and can be transferred seamlessly across multiple blockchains. Examples of SolvBTC LSTs include SolvBTC.BBN, SolvBTC.CORE, SolvBTC.ENA and SolvBTC.JUP.

How Does Solv's Staking Abstraction Layer (SAL) Work?

SAL is the core infrastructure underpinning Solv's ecosystem. As a unified interface for Bitcoin holders, it abstracts BTC staking's complexities across several blockchains. SAL provides users with a range of multichain yield-generating strategies, which they can execute while holding SolvBTC (a liquid representation of their BTC holdings). SAL integrates with different DeFi platforms and ecosystems, simplifying the process for holders who wish to diversify their yield strategies while keeping exposure to Bitcoin.

How Solv Protocol Enables Users to Earn Yield on Their Bitcoin Holdings

Solv enables users to participate in DeFi by providing a seamless entry point into staking for Bitcoin holders. This is in great contrast with BTC residing on the Bitcoin mainnet, which lacks native yield-generation properties. As mentioned above, with Solv Protocol users can swap their BTC for SolvBTC to earn staking rewards via SolvBTC LSTs and generate yield via DeFi protocols.

In addition to offering new opportunities for Bitcoin holders to maximize their earnings, Solv's platform also simplifies the BTC staking process and makes it accessible to more users. In addition, Solv is integrated with multiple blockchains — including Bitcoin, Ethereum, BNB Chain, Merlin Chain, Arbitrum, Botanix, Linea, Scroll and Core — unifying liquidity across these chains and enabling users to access cross-chain yield opportunities with minimal effort through SolvBTC.

Solv Protocol maintains a transparent Proof-of-Reserve (PoR) system to ensure SolvBTC's 1:1 peg with BTC. These on-chain reserves can be publicly verified by anyone, with Solv featuring completed security audits from Quantstamp, CertiK, SlowMist, Salus and Secbit.

Solv's ecosystem consists of the following key players.

Solv Protocol offers an innovative solution for BTC holders seeking to maximize their assets’ utility beyond long-term investment. By bridging the gap between Bitcoin and DeFi, Solv empowers users to maintain liquidity while they earn rewards through staking and via LSTs. 

With its seamless multichain integrations and transparent 

 (PoR) system, Solv Protocol simplifies BTC yield generation, making it accessible to a broader audience and unlocking Bitcoin's full potential.

You can also earn rewards with Solv Protocol on 

 through Jan 20, 2025, 10AM UTC. Simply stake Solana (SOL) tokens as Bybit Staked SOL (bbSOL), and you can win a share of 1.3 million native Solv Protocol (SOLV) tokens. Don't miss this exciting opportunity to maximize your holdings — 

Intermediate

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Solv Protocol: Earn Diverse Yields Through Bitcoin Staking

Ethena Labs unveiled its 2025 roadmap on January 3, highlighting a Telegram app for payments and savings using its sUSDe stablecoin, aiming to offer a "neobank experience." 

Daily Top Performer — Injective Protocol (INJ)

The S&P 500 gained 1.26% Friday, led by tech stock rallies. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.24%, with Bitcoin and Ether dropping by 0.22% and 0.35%, respectively in the past 24 hours.

Today's top performer is INJ, which surged 6.9% following the approval of Injective's $INJ 3.0 proposal to drastically reduce token supply.

Injective Protocol (INJ), launched in 2018, is a Cosmos-based DEX with cross-chain trading, using an order book model for efficiency. INJ tokens power governance, staking, and trading fees. Injective's governance proposal for $INJ 3.0 

 with 99.99% approval, initiating a new phase to significantly reduce token supply and make $INJ highly deflationary.

Check Out the Latest Prices, Charts, and Data of 

, highlighting a Telegram app for payments and savings using its sUSDe stablecoin, aiming to offer a "neobank experience." The app allows users to manage sUSDe for savings and payments, including Apple Pay integration. Ethena’s goal is to rival Tether by evolving into Ethena Network, a platform for on-chain financial innovation. Key projects include Ethereal, a perpetual and spot exchange, and Derive, an on-chain protocol for options. The roadmap also emphasizes dollars as the backbone of DeFi and the expansion of stablecoin-based products using sUSDe.

Between December 30, 2024, and January 3, 2025, BTC Spot ETF flows showed significant fluctuations. GBTC saw total outflows of $167.2M, while non-GBTC investments experienced inflows of $423.2M, resulting in a net inflow of $256.0M for the period. Notable activity included a large non-GBTC inflow of $908.1M on January 3, 2025, despite earlier outflows on December 30 and January 2. Cumulatively, GBTC has recorded outflows of $21.5B, while non-GBTC investments have attracted $57.4B, yielding a net inflow of $35.9B to date.

" and is currently offering a waitlist. Users can claim their Human role on Discord by joining the server and adding their Human ID. Additionally, daily RWT claims are redeemable for H tokens at TGE. The farming process is free, so don't miss out!

Beginner

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Ethena Labs Reveals 2025 Roadmap with Telegram Payments, sUSDe Integration, and DeFi Innovations

Find out more about AI Rig Complex (ARC), an advanced AI agent framework built in the Rust programming language.

Artificial intelligence (AI) isn’t going away anytime soon, and crypto protocols have started embracing it more and more. 

AI Rig Complex (ARC) is an advanced AI agent framework built in the Rust programming language. It goes beyond the capabilities of traditional AI systems, enabling applications to comprehend and react to human desires and contexts naturally. 

Through its modular and scalable architecture, ARC is redefining the way developers approach AI in a blockchain environment. Whether it’s integrating large language models (LLMs) for intuitive interaction or leveraging Rig Framework's innovative design, AI Rig Complex stands at the intersection of AI and decentralization.

This article explores the foundational elements of ARC, its technological framework and its future potential in the AI and 

 frameworks are rapidly evolving platforms that can improve the way humans interact with technology, particularly with regard to crypto and the broader 

 realm. These frameworks enable applications to perform tasks autonomously, moving beyond simple automation to workflows driven by natural language processing and decision-making processes.

The adoption of agents in real-world applications has surged this year, with developers increasingly integrating them into workflows. For instance, the percentage of LLM-app developers using agents on 

 jumped from 7% to 43%, highlighting their growing utility. Enterprises are focusing on automation and simplification, particularly within customer service, IT, marketing and software development workflows.

Large companies, such as Microsoft AutoGen, Phidata and LangGraph, are also advancing open-source frameworks, demonstrating broader potential beyond crypto. As the market matures, differentiation will be critical. Key characteristics, such as modularity, extensibility and integrations, are becoming essential, while advanced features like 

 (RAG) allow agents to incorporate new information seamlessly into conversations.

 represents a cutting-edge evolution in AI frameworks that’s designed to transcend the limitations of traditional chatbots. While many AI systems excel at executing basic tasks, ARC focuses on creating applications that understand and adapt to human desires and contexts in a far more intuitive manner. Its goal is to make software interactions seamless, contextual and human-like, paving the way for more meaningful engagements between users and AI systems.

At the heart of ARC is Playgrounds, a powerful platform that serves as the foundation for building and experimenting with AI applications. Playgrounds combines a unified interface for multiple LLMs with advanced AI workflow abstractions, enabling developers to implement sophisticated setups like RAG and multi-agent frameworks.

Powered by Rust, ARC offers unmatched performance, safety and scalability. Features ranging from type-safe LLM interactions and flexible embedding support to seamless vector store integration allow developers to build efficient and production-ready AI systems. ARC’s modular design encourages customization and extension, while 

 architecture optimizes resource utilization.

By unifying advanced AI tools and workflows under a consistent API, ARC eliminates vendor lock-in and accelerates development, positioning itself as a leading framework for next-generation AI applications.

The core team is founded by a team with diverse expertise in AI and blockchain. 

 focuses on the technical architecture of AI frameworks, while 

 brings deep experience in software engineering and product development. Meanwhile, 

 contributes strategic insights into scaling AI solutions, and 

 specializes in building robust developer tools. 

Together, this dynamic team is redefining AI frameworks by prioritizing modularity, performance and real-world applications

AI Rig Complex primarily relies on advanced 

 to improve software interaction. These models interpret human language and intent, enabling applications to provide a more natural and interactive experience. Unlike traditional software, ARC leverages LLMs to dynamically adapt to user inputs, offering intelligent and context-aware responses that feel less robotic and more conversational.

At the heart of ARC is Rig Framework, a Rust-based library tailored for high-performance AI development. Rig offers a unified API across various LLM providers, such as 

, making it easy for developers to integrate advanced models. Its pre-built abstractions support streamlined development of workflows, including RAG and multi-agent systems.

Rig Complex’s architecture is modular, enabling scalability and seamless integration with a range of AI models and vector stores. This design ensures flexibility for developers to build applications that incorporate features like semantic search, embeddings and advanced AI-driven workflows. 

AI Rig Complex encourages developers to think beyond basic functionality and to focus on meaning and context. By prioritizing intuitive design and leveraging Rust's memory safety, Rig reduces runtime errors while ensuring that applications are efficient, reliable and ready for production. 

The ARC token is designed for broad community ownership and utility. With 90% of the supply circulating from day one, ARC ensures fair distribution. A 5.5% allocation is reserved for the prize pool, rewarding participants of ARC experiments, while 4.5% is allocated to the team for ongoing development, locked in escrow and vested over a year to align with long-term goals.

, trading 15.11% below its all-time high of $0.4259 but boasting a staggering 1,086.14% increase from its all-time low of $0.03048. The token's 24-hour trading volume is $90.87M, reflecting a 55.40% increase. Its market cap of $362.42M ranks it at #258, with a 

 (FDV) of $362.42M. Over the past week, ARC has outperformed the global market and similar tokens, rising by 87% (as of Jan 3, 2025).

AI Rig Complex is setting the stage for next-generation AI agent frameworks with its advanced platform, modular architecture and seamless integration of LLMs. Its tokenomics ensure fair distribution and long-term development alignment, while recent price performance highlights strong market confidence.

Despite being so new, the AI agent sector in crypto is set for significant growth as enterprises adopt more intelligent workflows. ARC's focus on scalability, interoperability and developer-friendly tools positions it as a top contender in this market. 

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AI Rig Complex (ARC): AI Agent Framework in Rust

Phala Network is a cloud computing platform that runs AI models and programs inside a secure module called a trusted execution environment (TEE). Learn more now!

 became the predominant narrative in the crypto market in 2024, a trend that’s likely to continue in 2025. New and emerging projects — such as 

 — have shown glimpses of what’s possible when these two emerging technologies collide. 

As AI technology spreads, the privacy of the model that’s training data sets becomes an important issue. Phala Network offers a solution to this pressing concern.

 is a cloud computing platform that runs AI models and programs inside a secure module called a trusted execution environment (TEE). TEEs are isolated environments that guarantee the code and data loaded inside are protected from external observation or tampering. This method allows Phala to execute sensitive information like AI model training and inference without compromising the privacy of the data or the integrity of the process. 

Through this innovation, Phala has managed to carve out a niche as the go-to AI coprocessor on web3. In 2024, it hit several notable performance metrics, as detailed below:

To understand Phala’s strong growth in the AI sector, let’s delve deeper into its hybrid architecture and discover what sets it apart from its competitors. 

What Is a Trusted Execution Environment (TEE)?

Phala uses a TEE-blockchain architecture that combines the strengths of TEEs and blockchain technology to create a secure, scalable and efficient system.

TEE refers to a segregated area of hardware that’s protected from the rest of the system using encryption. Data in the TEE can’t be read or tampered with by any code outside that environment; only trusted applications within the environment can access and modify the data. This architecture has been used by governments, enterprises and other cloud service providers to enable secure handling of confidential information on traditional Web 2.0 mediums. With Phala’s integration of TEE to blockchain, web3 DApps have also gained access to the same level of security. 

Within this hybrid architecture, once the TEE handles secure, 

 computations, the blockchain is used to verify their integrity and make sure the computations have been executed as intended. This hybrid approach allows Phala to combine the trust of blockchains with the privacy of TEEs, thereby addressing the limitations of both systems. 

Since this approach is similar to that of 

 (ZKPs), comparisons between the two are inevitable. While TEE proofs and ZKPs share the same goal of ensuring computational integrity and verifiability, they differ in their construction and operation. The computational cost of generating a TEE proof is significantly lower than for a ZKP. In addition, the sizes of ZKPs are also larger than those of TEE proofs, which increases the cost of on-chain verification. Therefore, TEE-based verification methods are often faster and cheaper than ZK-based methods.

Benefits of a Trusted Execution Environment–Blockchain Hybrid

: TEEs ensure that sensitive data such as AI inference remains protected from unauthorized access.

: Blockchain is used to authenticate and verify the correctness of computations performed within TEEs, ensuring that results are trustworthy. 

: Compared to ZKPs, TEEs are faster and cheaper, making them ideal for large-scale computations like those required for artificial intelligence.

: By offloading computations off-chain, the hybrid architecture reduces the load on the blockchain and improves the scalability of the underlying chain.

Phala uses a 3-tier model to provide security, privacy and transparency. The image below depicts the inner workings of the network: 

 is the top layer that manages the network. It blacklists untrusted hardware and verifies the integrity of the 

 generates and manages cryptographic keys, ensuring that computations are secure and data is protected. 

 ensures that all hardwares, such as GPU and CPU and software (TEE) are secure and trustworthy. 

 provides a secure environment for the DApps to run on. 

 is used to ensure the authenticity of TEE transactions stored on the blockchain. 

On Phala 1.0, TEEs were CPU-centric in providing security and privacy. However, most AI models depend upon GPUs for the bulk of their computational requirements. To meet this new and emerging demand, the Phala team decided to upgrade the network to Phala 2.0, which brings in GPU TEE support. This enables higher processing power and efficiency to handle demanding AI workloads. With this upgrade, Phala is also integrating NVIDIA 

 technology, which allows sensitive GPU-based computations to remain isolated and protected, even if the host machine is compromised. 

Another major recent release from Phala Network is 

, a computer solution that empowers developers to offload sensitive workloads into a secure environment. The Dstack SDK streamlines the deployment process, enabling seamless program integration with Phala Network's Confidential Virtual Machine (CVM). It provides developers with an experience comparable to Web 2.0 cloud services such as Amazon Web Services (AWS), but with enhanced security. 

In December 2024, Phala announced a new collaboration with ai16Z to build Eliza’s TEE framework. 

 has emerged as the leading open-source AI agent framework on Solana. Through this partnership, Phala is furthering its role as a privacy-preserving AI framework. By utilizing Phala Network’s TEE, Eliza’s various capabilities will gain cryptographic verifiability and enhanced privacy across different platforms like Telegram, X (formerly Twitter) and Discord. Additionally, Phala’s modularity and custom plug-ins will offer Eliza improved scalability and developer-friendly integrations. 

PHA is the native token of the Phala Network. It serves multiple purposes on the network, such as the following: 

The token was launched through an Initial Parachain Offering. It has a total supply of 1 billion and a 

 (FDV) of $373 million. Initial token distribution was as follows:

The intersection of AI and cryptocurrencies is a new and emerging trend in web3. As with 

 blockchains and DeFi, emerging sectors in the blockchain space often experience intense hype cycles, attracting significant attention and capital. Such growth will eventually demand the development of robust infrastructure to support scalability and innovation. For instance, during the DeFi summer of 2020, projects like 

Similarly, Phala aims to position itself as a foundational infrastructure provider in the AI sector, becoming a key player in the ecosystem through its innovative use of TEE-blockchain hybrid architecture that allows it to provide fast, cheap and secure AI computation.

Bybit users can now trade PHA by heading to the 

phala network.png

Phala: Powering Decentralized AI Computing

Bybit Learn

Blockchain

Should you trade crypto on a testnet before diving in with your funds? Learn how a mainnet differs from a testnet.

When you're checking out new blockchain projects, you may come across phrases like "mainnet" and "testnet." For blockchain beginners, these phrases may be perceived as some mysterious technology, but in reality, they're relatively straightforward. Once you understand how testnets and mainnets work, getting involved in new cryptocurrencies, blockchain networks, and decentralized applications is easy. Keep reading to learn all about the differences between testnets and mainnets.

 as a single, united system representing the entire network. However, the reality is that a blockchain can have multiple chains that operate independently of each other. One of the most common types of alternative chains is a testnet. As you can probably tell from the name, a testnet is meant to test certain concepts. 

You can think of a testnet as similar to the beta version of a game. Companies use testnets when designing a brand new blockchain or experimenting with an upgrade to a current blockchain. The testnet is a testing and development environment for the main project and usually doesn't run at full capacity depending on the purpose of the project. It allows developers to test and run experiments with their applications without risking their real assets. All tokens used on a testnet have no real-world value, and decisions made on the testnet will not affect the main blockchain. That also means the transactions made on the testnet are not recorded on the real blockchain. 

The mainnet is the live and fully operational version of a blockchain network. All the transactions on the mainnet are real-world transactions and typically are executed via s

. The native cryptocurrency that is used and traded bears an actual monetary value. Some people call it the actual blockchain or the real blockchain. 

The mainnet can facilitate the transfer of value, the execution of smart contracts, and the creation of 

 (DApps). In short, a mainnet is the backbone of a blockchain network and serves as the foundation for the ecosystem built around it. The mainnet is open to a wide variety of users and includes various services. 

Though mainnet and testnet may share similarities, a closer look reveals many differences. Here are some key ways you can tell a mainnet and testnet apart. 

Blockchain network developers have different underlying focuses when they build these networks. Testnets are all about experimentation. They let developers play around with different concepts as close to the real-world environment as possible without risking their assets. Meanwhile, mainnets are meant to provide users with a system for making transactions, designing contracts, and developing DApps. Executing a project on the mainnet is riskier as the developments or upgrades can alter users' accounts. 

The interface and functionality of the mainnet and testnet can differ while they are operating. Mainnets have a much higher transaction frequency while testnets have a much lower number of transactions. Some testnets may also have fewer nodes operating. The interface on testnet is less seamless, as it's still in the development stage. A look at the network ID often shows that the mainnet starts with the number "1," and testnets often use numbers like "3 or 4." Tokens on the testnet have no monetary value, thus there are no transaction fees. 

The level of security on a mainnet is far more critical than on a testnet. Still, the security level can vary depending on the specific blockchain network and the design of its consensus mechanism. Mainnet is far more secure as the tokens or cryptocurrency are used for real-world transactions and real-value storage. Mainnets also usually employ encryption, multi-sig (multi-signature) transactions, and smart contract audits to secure the network and protect users' assets.

There are two main forms of consensus mechanisms to secure the mainnet: 

The level of security on mainnet and testnet depends on how well the codebase is coded and protected against bugs and hacks. Thus, it is uncommon to find exchanges to offer bug bounties for white hackers on mainnet to help filter out potential threats and bugs. 

Because a testnet operates as an entirely separate network, you can't send tokens back and forth between blockchains. If you try to send real tokens to a testnet address, you will lose the tokens entirely. Likewise, testnet tokens can't be sent to a mainnet where they would gain real-world value. 

However, you can transfer developed assets like DApps from a testnet to a mainnet. In these cases, you are essentially taking the product you tested on the testnet and deploying it to the actual blockchain. 

Testnets might seem more flexible because they have fewer monetary consequences, but their use cases are a lot smaller. Most testnets can only be used to experiment with trading and DApp and smart contract development. It is helpful for developers to test new features and upgrades for a blockchain network before they are released on the mainnet. This opens up a gateway for developers to evaluate the impact of these changes and ensure that they will work as intended.

Meanwhile, mainnets supports a broader range of utility, including smart contract execution, facilitation of financial transactions such as lending and borrowing on a decentralized protocol, supply chain management to track and verify the authenticity of goods and material, and even network governance where token holders can vote to make changes to the protocol. 

Mainnet is more impactful because it represents the live and operational version of a blockchain network. Transactions on a mainnet are recorded on the blockchain permanently and are visible to the public. In contrast, transactions on a testnet are used for testing and development purposes and are not recorded on the blockchain permanently. Mainnet is where real value is exchanged and where the full functionality of the blockchain can be utilized.

 allows users to experiment with exciting 

 applications and developers can deploy smart contracts with a modular architecture to boost efficiency in a low-fee environment. 

Mainnets have more impact simply because they're defined and visible to the public. It represents the live and operational version of the blockchain network where any altercation on the mainnet may affect a user's fund. 

In contrast, testnet are often where developers with new ideas for blockchain projects can freely experiment. These blockchain executions may either flourish or fail and are not recorded on the blockchain permanently. 

Why Are Testnets Important for Blockchain Development?

Are testnets necessary? Most developers agree that they are essential. Transitioning from a testnet to a mainnet may take extra effort, but it's usually worth the hassle. 

Using a testnet comes with these advantages:

When real-world money is involved, people are a lot more cautious. Users on a mainnet are usually very wary of trying out new features because they don't want to lose their funds. Using a testnet can help mitigate the risks and help users get familiarized with the platform before committing it with their funds. Users don't have to worry about losing their funds, and developers don't have to worry about causing a cascading chain of failures that shuts down their main network. 

Testnets give developers the confidence they need to work around different concepts. The lower risks and reduced costs allow them to try out ideas even if they are likely to fail. All of this experimentation can result in very unusual and exciting designs. Since testnets are so versatile and affordable, developers can even try out different designs simultaneously to see which concepts perform best.

No matter how much effort a developer puts into their design or upgrades, some flaws will only become apparent once they test things out. A testnet allows people to put their theories into practice. They can implement their designs and see how they react when a regular user perform a transaction. This lets them easily identify bugs and try out different solutions.

Even the best developers cannot predict how real users will behave. This is why it can be incredibly helpful to have actual users try out your designs on a testnet. A lot of unexpected use cases can highlight potential improvement areas. The ability to run multiple formats and designs on a testnet lets developers have a clearer overview to determine which model provides better performance.

For many blockchain projects, testnets constitute a significant incentive for their investors and community members. People who have supported the product are often very excited to help test out designs on the testnet. Many companies find that testnets are an excellent way to drive community engagement. They reward valued supporters by inviting them to join the testnet and see what the product looks like months before it's open to the public. 

The safe, risk-free environment of a testnet makes it an ideal way to test and learn. People who are new to crypto and blockchains can use testnets to start figuring out how blockchains work. They can use the functional blockchain to get hands-on experience without losing money or damaging valuable blockchain networks. 

Most people tend to see testnets as just a tool for developers. While it's true that they're essential for people designing blockchains or decentralized applications that run on a blockchain, that's not their only purpose. Participating in a testnet as a standard user can also come with some exciting benefits.

Just like a testnet lets developers try out new features, it also lets users like you try out new trading strategies. It is a good environment to test out these strategies because they provide a safe and low-risk environment for you to work out a trading formula through trial and error. Experimenting with trading strategies on testnet with lower trading volume and less volatility makes it more suitable for users to analyze the trading charts and indicators properly. 

These experimentations of trading methods help users to get real-time feedback on how their decisions affect their wallet balance. For example, some traders might like to see whether they make a more significant profit by doing short-term or long-term trades. This is an excellent way of learning to trade cryptocurrency without actually risking any real money. You get a feel for the market without needing to have a lot of money to invest in the first place. For example, Bybit users can register for a 

If you're interested in the crypto community, taking the time to participate in a few testnets is a great starting point to get involved in the scene. Many developers of new blockchains would prefer real users to test out the upgrades and functionalities for them. You get to play around with the features and exchange discussions with users in Discord groups or other forums. Testnets can become a fun, behind-the-scenes look at blockchain development, and you can also connect with many interesting, like-minded people.

Users on a testnet are often the first to try them out, and their thoughts on the features may potentially impact the development team's decisions. If you want to improve accessibility within the blockchain community, testnets are an excellent way to provide input. You can explore the system and potentially highlight issues that impact accessibility. Furthermore, testnets provide accessibility because there is no economic barrier. People don't need to buy valuable tokens to participate, creating an equal ground for people to interact.

If you're new to the blockchain ecosystem, participating in a testnet is one of the best things you can do. Because the testnet is a unique experience for everyone, the developers typically offer a lot of educational resources. How-to guides, tutorials, and other tools help walk you through each step of working with the testnet. This makes it far less overwhelming and confusing when you're ready to move to an actual blockchain. 

A testnet is a unique type of blockchain that allows more flexibility and experimentation. Users and developers can try out concepts and get immediate feedback, but they don't need to spend any actual money on tokens. This special environment is one of the best ways to develop new blockchains, design DApps, or get used to trading on a blockchain.

Mainnet vs. Testnet: How Users Benefit From These Networks?

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