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

Ethereum on Track for Testnet Merge in June

The testnet merge would allow developers to work on any potential risks or bugs ahead of Ethereum's move to a proof-of-stake network.

An informational traffic sign post over a clear blue sky. Photographed with a Canon 5D MarkII and "scrubbed" clean in Photoshop!

Tech

Ethereum Merge Takes Place on Kiln Testnet

Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network.

Ethereum digital currency (Getty Images)

Layer 2

What Ethereum’s Kintsugi Testnet Means for Proof-of-Stake

Kintsugi is a “longer-lived, public testnet” that will allow application developers and users to become familiar with a post-merge Ethereum environment.

Ethereum's Kentsugi testnet is deployed. (svetolk/iStock/Getty Images Plus, modified by CoinDesk)

Tech

IOTA Takes a Step Closer to Decentralization With 2.0 DevNet

The IoT-focused network is gradually looking to remove its central Coordinator role.

IOTA uses the 'Tangle'

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)

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