Bitcoin testnet 4

Bitcoin's testnet provides a risk-free environment for miners, developers, and users to experiment with Bitcoin software. Unlike the main Bitcoin network, where real value is at stake, the testnet has its own coins (tBTC) which hold no real-world value. This means anyone can test without the fear of financial loss.

To be useful for testing, users and developers need to be able to easily acquire testnet coins, this was no longer possible with the old testnet3 network. Coin issuance had almost completely dried up and the coins were starting to trade on secondary markets.

Migrating to testnet4

In response to these issues, a transition to a new testnet (testnet4) is underway. This new version promises a more stable and accessible environment for testing, with ample tBTC available via faucets.

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