What is Testnet?
Testnet is a test blockchain used to run and test blockchain or blockchain projects before they go live. Testnet is a simple way that programmers and developers use to create, modify, and test projects’ functions and test their performance before making the project available to users. If there are any problems or errors before the blockchain is made available, developers can fix these errors on the testnet. In this environment, performance comparisons are made by repeating multiple tests, and as a result, consistency can be checked.
Why is Testnet Important?
It can be assumed by all of us that it is vital to perform checks before operating in any system, especially a financial system. That’s why these checks are done on the testnet instead of the mainnet. Because the tests to be performed on the mainnet can be expensive, and in case of a problem as a result of the trial, user assets and transactions may be interrupted. In addition, developers do not use real currency in their experiments on the testnet, but instead use fake money in the form of worthless tokens.
How to Earn Money from Testnet?
We said that test coins are used instead of real coins on Testnet. So how do we procure the currencies that we will use to test the project, that is, the unreal currencies? We can obtain these coins free of charge via faucet. When you participate in this way, project owners can distribute airdrops because you contribute to the testing of the network. Although these airdrops are not given to every user, they can be distributed to randomly selected wallets at certain rates.
What is the Faucet Method?
Apps or websites that distribute small amounts of cryptocurrency in exchange for completing a few easy tasks are called faucets. Because the rewards given here are on a very small scale, just like drops of water dripping from a leaky faucet. This method is used to obtain the currencies to be used in the testnet stages and to give an idea about the crypto money to the users who will invest. In the past, there has even been a Bitcoin reward with this method. Introduced by veteran Bitcoin developer Gavin Andresen in 2010, Bitcoin faucets were implemented to give 5 Bitcoin rewards for completing simple tasks. The purpose of this action was to raise awareness about Bitcoin as the concept of cryptocurrency is very new. Like the Bitcoin faucet, there are also Ethereum, Litecoin, Monero faucets. It is even known that some crypto assets still give small rewards in this way.
