Testnet

Door CoinGecko | Bijgewerkt op Mar 03, 2020
Testnets are alternative blockchain network that mirros the consensus protocol on the main network (Mainnet). Testnets are useful for developers or people who want to experiment with transactions, smart contracts or various other operations in a test environment without fearing loss of cryptocurrency.

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Gerelateerde termen

Nonce
Abbreviation for ‘number only used once’ It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Bots
Refers to software or programmes that automatically trade based on preset behaviours.
Arbitrage
A strategy where investors buy a currency in a market and sell it at a higher price in another market to gain profit.
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
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