1. | developmentAn identical copy of a blockchain using worthless coins/tokens for the purpose of development and testing. Testnet coins are are kept worthless by allowing everyone to create them at will.
2. | informationTestnets can, and should be used during blockchain development, and for building applications interacting with the blockchain. Mistakes in the testnet causing loss of funds don't impact anyone, so code can be debugged here with confidence.
* All terms and definitions will change as the Cryptionary improves
Proof of Stake
Proof of Work
Pump and Dump
Replace By Fee
Simple Ledger Protocol
Simplified Payment Verification
Stop Limit Order
Transactions Per Second
Two Factor Authentication