Blockchain tutorial 25: Testnet and faucets

laatste update: 06-2022


This is part 25 of the Blockchain tutorial explaining what a testnet is and what faucets are.

This tutorial explains the following:
– what a testnet is
– what the purpose is of a testnet
– show you a Bitcoin testnet block explorer
– show you an Ethereum testnet block explorer
– what a Bitcoin testnet address looks like
– what a faucet is

In this video series different topics will be explained which will help you to understand blockchain.

Bitcoin released as open source software in 2009 is a cryptocurrency invented by Satoshi Nakamoto (unidentified person or group of persons).
After the introduction of Bitcoin many Bitcoin alternatives were created. These alternate cryptocurrencies are called Altcoins (Litecoin, Dodgecoin etc).
Bitcoin’s underlying technology is called Blockchain.
The Blockchain is a distributed decentralized incorruptible database (ledger) that records blocks of digital information. Each block contains a timestamp and a link to a previous block.

Soon people realises that there many other use cases where the Blockchain technology can be applied and not just as a cryptocurrency application.
New Blockchain platforms were created based on the Blockchain technology, one of which is called Ethereum.
Ethereum focuses on running programming code, called smart contracts, on any decentralized application.

Using the new Blockchain platforms, Blockchain technology can be used in supply chain management, healthcare, real estate, identity management, voting, internet of things, etcetera, just to name a few.
Today there is a growing interest in Blockchain not only in the financial sector but also in other sectors.

Explaining how Blockchain works is not easy and for many the Blockchain technology remains an elusive concept.
This video series tries to explain Blockchain to a large audience but from the bottom up.
Keywords often used in Blockchain conversation will be explained.
Each Blockchain video is short and to the point.

It is recommended to watch each video sequentially as I may refer to certain Blockchain topics explained earlier.

Check out all my other Blockchain tutorial videos

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The presentation used in this video tutorial can be found at:

#mobilefish #blockchain #bitcoin #cryptocurrency #ethereum

7 gedachten over “Blockchain tutorial 25: Testnet and faucets”

  1. Great tutorial. I'm currently mining on the safex testnet and was wondering if my mining on their is actually helping the developers iron out kinks before the mainnet launches? As someone who isn't a software developer, is there any point me having my CPU mine on the testnet while waiting for the main net to launch?

    Thanks for your help.

    Nick.

  2. u fail to explain how to read the data shown on the etherscan Ropsten link, nor what is shown on the Bitcoin trail u referred to. then u just end the video. Epic fail in teaching how to interpret the data

  3. A question… So this new PI crypto it's actually on a testnet and it can actually really turn into a real crypto?

    …Or is just another stupid multilevel scam?

  4. Mostly people are telling bit coin flashing is available using software developed by some developers …. Is it true ??? Does BTC flashing really exist on this earth ??? Please help me with the answer

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