How Blockchain works?

Phoenix VC
Feb 1, 2021

Part 3

In the past parts we learned how the chain is made of decentralized blocks and what the block forming parts are.

But what if we want to start a new token and added to the chain, how can we test our product before launch?

Simple, every blockchain have two of what is called the “net”. A Testnet and a Mainnet,

The Mainnet is the real normal blockchain upon which actions taken are real, transactions are real, and tokens posses a real value.

While the Testnet is a mimic chain, in which programmers can test their tokens and test a process like mining of these new token currencies.

To be continued…..

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Phoenix VC

CryptoVC based in Dubai,UAE. Investing in game changing Decentralized Platforms.