Testnet

A testnet, in the realm of cryptocurrencies, refers to a separate blockchain network specifically designed for testing purposes. It allows people involved in the crypto industry, such as companies, protocols, and blockchain networks, to experiment and evaluate their developments without risking real assets or interfering with the mainnet, the live blockchain network. Testnets simulate the functionalities of a blockchain network, enabling developers to identify and rectify any potential issues or vulnerabilities before deploying their projects on the mainnet. This testing environment serves as a crucial tool for ensuring the security, efficiency, and reliability of various crypto-related applications, including decentralized finance (DeFi) protocols, smart contracts, and crypto exchanges. By utilizing testnets, developers can refine their innovations, enhance user experience, and mitigate potential risks, ultimately fostering the growth and advancement of the broader crypto ecosystem.


Tech

Staked ETH Withdrawals Being Processed on Ethereum Goerli Testnet Ahead of Shanghai Fork

Ethereum developers still need to set a date for the Shanghai hard fork to go live on the mainnet blockchain.

Shanghai (Getty Images)

Tech

Ethereum Developers Target March 14 Date for Shanghai Upgrade on Goerli Testnet

The event will be the last “Shapella” dress rehearsal for Ethereum’s upcoming hard fork.

Ethereum is getting closer to its Shanghai software update. (Getty Images)

Tech

Second Ethereum Testnet Successfully Simulates Shanghai Hard Fork

The Sepolia testnet was able to successfully process staked ETH withdrawals. There is one more test on the Goerli testnet that is planned before Shanghai goes live.

Shanghai (Unsplash)

Videos

Testnet Goerli Ether Climbs as Traders Jump on Opportunity Meant for Developers

Goerli ether's (gETH) price skyrocketed to over $1.60 during the weekend, rising from 7 cents Friday to reaching a market capitalization of as much as $15 million. "The Hash" panel discusses the catalysts behind the price spike and why some developers see this as the "start of the end" of Goerli testnet.

Recent Videos

Tech

Ethereum Sets February Date for Sepolia Testnet to Get Shanghai Hard Fork

The second round of testing of staked ether (ETH) withdrawals follows simulations on the Zhejiang testnet. The Goerli testnet would be next, ahead of next month's planned Shanghai hard fork on the main Ethereum blockchain.

Shanghai (Getty Images)

Tech

Ethereum Testnet Processes First ETH Staking Withdrawals

The upgrade on the Zhejiang testnet was the first of three dress rehearsals for the much anticipated Shanghai hard fork.

Shanghai (Unsplash)

Videos

Ethereum's 'Zhejiang' Testnet Is A Step Closer to Removing One Big Barrier to Entry

Ethereum developers plan to launch the "Zhejiang" testnet for simulating ETH withdrawals that are included in the protocol's next big upgrade. Robert Ellison, Allnodes Chief Growth Officer, explains the optimism around how this upgrade could remove one of the biggest barriers to staking ETH.

Recent Videos

Tech

Ethereum Developers to Launch New Testnet ‘Zhejiang’ for Simulating ETH Withdrawals

Users will be able to get a sense of how staked ETH withdrawals will work from a testnet due to go fully live on Feb. 7.

Shanghai (Edward He/Unsplash)

Tech

Sui Network, a New Blockchain From Ex-Meta Employees, Launches Its Testnet

The competitor to the Aptos blockchain said that developers can continue to use its devnet.

(SpaceX/Unsplash)

Tech

Etherscan Set to 'Deprecate' Ethereum’s Ropsten and Rinkeby Testnets

Developers should migrate to Goerli and Sepolia networks ahead of tomorrow’s shutdown.

Dandelion flower plant blowing wind breeze (Bellazza87/Pixabay)

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