If one has to define testnet in one word, then the best suitable word for it would be tested network. Those who are using the share market from quite a time now must know what a test network is. In simple words, the test network is formed for the users to learn about the basics of trading. If we talk about the testnet, in particular, then it is a test network that is free from any risk and the customers trade their cryptocurrencies in the way they do it on the main network.
So, we have come across two main words in this whole discussion and they are testnet and mainnet and the readers probably have understood the difference between the two. Now, let us discuss that even if the testnet is not associated with the main trading, why people give so much of importance to this.
Importance of testnet
On the testnet platform, the coders could perform their experiment and could check whether their coding is wrong or right, before putting it on the mainnet. In this process, the main bitcoin network is not disturbed.
Types of testnet
After the importance of the testnet platform, let us now discuss its types.
In a nutshell, we could say that the testnet has emerged as an amazing platform. If you have proper knowledge of it you won’t do any mistake on the main net.
So, we have come across two main words in this whole discussion and they are testnet and mainnet and the readers probably have understood the difference between the two. Now, let us discuss that even if the testnet is not associated with the main trading, why people give so much of importance to this.
Importance of testnet
On the testnet platform, the coders could perform their experiment and could check whether their coding is wrong or right, before putting it on the mainnet. In this process, the main bitcoin network is not disturbed.
Types of testnet
After the importance of the testnet platform, let us now discuss its types.
- BitMEX
- Ethereum testnet
- Ropsten
- Rinkeby
- Kovan
- Bitshares
In a nutshell, we could say that the testnet has emerged as an amazing platform. If you have proper knowledge of it you won’t do any mistake on the main net.