Mainnet
By CoinGecko | Updated on Mar 03, 2020
It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place. The bitcoins of the mainnet are those that have real value.
Related Terms
Public Blockchain
An open sourced blockchain where participation is public and permissionless
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
Fully Diluted Valuation
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation.
Gas Limit
A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain.
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