Bitcoin testnet

E696536

Bitcoin testnet is a parallel Bitcoin blockchain used by developers and testers to experiment with transactions and applications using valueless test coins instead of real bitcoin.

All labels observed (3)

Label Occurrences
Bitcoin testnet canonical 5
Bitcoin mainnet 1
Bitcoin signet 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf Bitcoin network ⓘ
blockchain test network ⓘ
addressPrefixP2PKH m or n ⓘ
addressPrefixP2SH 2 ⓘ
allows easier mining due to lower difficulty ⓘ
testing without risking real bitcoin ⓘ
basedOn Bitcoin protocol ⓘ
bech32HumanReadablePart tb ⓘ
blockReward follows same halving schedule as Bitcoin mainnet ⓘ
coinsAreObtainedVia faucets ⓘ
mining ⓘ
defaultP2PPort 18333 ⓘ
defaultRPCHTTPPort 18332 ⓘ
defaultZMQPort 28332 ⓘ
difficultyAdjustment similar to mainnet with testnet-specific rules ⓘ
governedBy Bitcoin Core implementation defaults ⓘ
linked to: Bitcoin Core
hasNativeCurrency testnet bitcoin ⓘ
hasNetworkMagic 0x0b110907 ⓘ
hasProperty coins can be created in large quantities for testing ⓘ
separate UTXO set ⓘ
separate blockchain from mainnet ⓘ
separate network parameters ⓘ
separate set of addresses ⓘ
hasVersion testnet3 ⓘ
isAlternativeTo Bitcoin regtest ⓘ
Bitcoin signet ⓘ
linked to: Bitcoin testnet
isDocumentedIn Bitcoin Core documentation ⓘ
linked to: Bitcoin Core
isParallelTo Bitcoin mainnet ⓘ
linked to: Bitcoin
isPartOf Bitcoin ecosystem ⓘ
isReferencedIn Bitcoin Core configuration as "testnet" ⓘ
isUsedBy developers ⓘ
testers ⓘ
networkType permissionless ⓘ
public ⓘ
purpose application development ⓘ
software testing ⓘ
transaction experimentation ⓘ
replaced earlier Bitcoin test networks ⓘ
riskLevel low financial risk ⓘ
supports Bitcoin transactions ⓘ
smart contract experimentation via higher-layer protocols ⓘ
tickerSymbol tBTC ⓘ
transactionFees typically very low ⓘ
usedFor education and training ⓘ
exchange integration testing ⓘ
infrastructure testing ⓘ
wallet development ⓘ
usesCoinsWithProperty no real-world monetary value ⓘ
usesConsensusMechanism proof-of-work ⓘ

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

bitcoin-tx → supportsNetwork → Bitcoin testnet ⓘ
P2PKH → network → Bitcoin testnet ⓘ
Bitcoin testnet → isAlternativeTo → Bitcoin signet ⓘ
linked to: Bitcoin testnet
Bitcoin regtest → comparedTo → Bitcoin mainnet ⓘ
linked to: Bitcoin testnet
Bitcoin regtest → comparedTo → Bitcoin testnet ⓘ
Bitcoin regtest → differsFrom → Bitcoin testnet ⓘ
BIP145 → network → Bitcoin testnet ⓘ