Testnet
By CoinGecko | Updated on 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.
Related Terms
Decentralized Applications (dApps)
Applications that run on decentralized peer-to-peer networks such as Ethereum.
Composability
Composability refers to the ability to combine different components of a software stack.
Derivatives Market
A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset.
Hashgraph
Hashgraph is a distributed ledger system that has been compared to the blockchain idea as a continuation or successor.
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