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

Nym Opens Up Staking in New 'Finney' Testnet to Counter Sybil Attacks

“You need to impose some kind of cost on the attacker to slow down or stop unwanted replication of attackers in your system.”

A robotics lab.

Markets

Coda Protocol Touts User Growth One Year Into Testnet

The O(1) Labs project thinks recursive zk-SNARKs are the key to more manageable blockchains.

(Ricardo Gomez Angel/Unsplash)

Markets

Filecoin Pushes Back Final Testing Phase, Announces ‘Calibration Period’ for Miners

Filecoin has delayed the launch of its incentivized testnet by two weeks, providing a window for miners to test their set-ups.

Filecoin creator Juan Benet

Tech

Quantstamp Audit Greenlights Ethereum 2.0 Client Prysm for Launch

Ethereum 2.0 client Prysm is “basically ready” to launch, according to the audit firm's CEO Richard Ma in a phone call with CoinDesk.

(Michael Dziedzic/Unsplash)

Markets

Filecoin Prepares for Network Launch With Final Testing Phase

Decentralized storage network firm Filecoin announced the launch of its Incentivized Testnet, the network’s final phase of testing, on Wednesday

Filecoin is entering the final phase of testing, ahead of a mainnet launch later this summer. (Credit: Shutterstock)

Tech

Schlesi Testnet Is Latest Step in Long Road Toward Eth 2.0

Ethereum clients are beginning to sync and validate a new Eth 2.0 testnet, Schlesi, ahead of the network's prospective launch in July.

The Schlesisches Tor U-Bahn station in Berlin (Credit: Phaeton1 / Wikimedia Commons)

Markets

Coder Proposes Alternative to Bitcoin's 'Notoriously Unreliable' Testnet

Introduced Wednesday, a new proposal called Signet offers a fresh alternative to bitcoin's test network.

code, notes

Markets

Enigma Launches Second Testnet for 'Secret Contract' Blockchain

Ethereum developers can now start coding specialized smart contracts called "secret contracts" that leverage the Enigma protocol for data privacy.

Enigma CEO Guy Zyskind

Markets

A New Test Network Just Activated and Ethereum 2.0 Will Be Using It

Launched today, the Görli test network wants to help developers build applications across ethereum software clients without restricting their access to developer tools.

image of gorlicon (higher resolution)

Markets

Mimblewimble Just Launched Its First Testnet

An experimental blockchain boasting an innovative array of potential features is now entering a new phase of testing.

wand, magic

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