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

Hello Holesky, Ethereum’s Newest Testnet

The new network comes after years of growth for Ethereum’s developer community and will replace the Goerli testnet.

Ethereum (Unsplash)

Tech

Immutable, Web3 Gaming Platform, Launches zkEVM Testnet in Bid to Diversify Infrastructure

The ZK rollup is built using Polygon scaling technology, designed to make it easier for developers to spin up new application-specific blockchains.

(Getty Images)

Tech

Shiba Inu Testnet Blockchain 'Puppynet' Crosses 20M Transactions

A large whale added more than $10 million worth of SHIB tokens on Tuesday, data shows.

(Christal Yuen/Unsplash)

Tech

Shiba Inu's Testnet 'Puppynet' Sees Rising Activity Ahead of Shibarium Mainnet

More than 700,000 transactions have been conducted on the test network so far, although that isn’t extremely large relative to the hype.

(Christal Yuen/Unsplash)

Tech

ConsenSys Launches zkEVM Public Testnet, Renames It ‘Linea’

The release comes in the days after competitors, Polygon and Matter Labs, came out with their own zkEVMs.

(DALL-E/CoinDesk)

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)

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