📊 Crypto Basics | Bitcoin and Ethereum
· Definition: Bitcoin produces a block approximately every 10 minutes, while Ethereum produces a block every 12-second slot.
· How to understand it: Many tokens and DeFi protocols are deployed on Ethereum and its Layer 2 networks. Bitcoin’s main chain is mostly used to transfer and store value.
· Reminder: Keep a small amount of ETH on hand to pay gas fees when using Ethereum; fees for Bitcoin on-chain transfers are paid in BTC.
$BTC 83819.51（+0.93%）
· Definition: Bitcoin produces a block approximately every 10 minutes, while Ethereum produces a block every 12-second slot.
· How to understand it: Many tokens and DeFi protocols are deployed on Ethereum and its Layer 2 networks. Bitcoin’s main chain is mostly used to transfer and store value.
· Reminder: Keep a small amount of ETH on hand to pay gas fees when using Ethereum; fees for Bitcoin on-chain transfers are paid in BTC.
$BTC 83819.51（+0.93%）