CryptoURANUS Economics: TestNet: Defined in CryptoCurrency

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Thursday, May 6, 2021

TestNet: Defined in CryptoCurrency

TestNet: Defined in CryptoCurrency



TestNet also known as “testnet” is software that is identical to the software used by a cryptocurrency. 

 

Because testnets are built to experiment with new ideas without disturbing or breaking the main cryptocurrency software, its digital currency is worthless. 


Bitcoin’s testnet has been reset several times to stop people who began trading its coins as digital money.

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