Testnets and nodes – what they are and how to make money on them

The first mention of cryptocurrency occurred in 2009. Since then, this trend has been gaining popularity and developing. In Japan, Gibraltar, Malta and a number of other countries, Bitcoin allows you to pay for goods and services, in whole or in part. Cryptocurrency allows for secure transactions and anonymous exchange of payment funds. To attract new investors and allow them to earn, young cryptoprojects are launching testnets. Skilled users show activity from several accounts at once and earn thousands of dollars. It’s enough to buy proxy, download anti-detect browser and get several crypto wallets.

What is testnet

Testnet is an exact copy of the main project, only instead of real cryptocurrency in circulation a test one is used. The trial period allows the platform’s web developers to understand where they went wrong and what needs to be fixed. After the refinement period, the project begins to work in the meinnet – a real network with real tokens, where the flaws are already unacceptable.

As a rule, any teenager can handle the testnet. Most often these are simple actions – exchanging test tokens with other participants or visiting site tabs. In terms of rewards, testnets are divided into two types:

  1. Incentives. When projects thank testnet participants with tokens or early access.
  2. Non-incentive. When there is no reward for participants.

Nodes

Nodes is a computer with an installed, constantly running program. The same testnet, only in a different form. Nodes are linked to peers, that is, other participants. This is needed to create consensus – in cryptocurrency, this is the process of “correctness” of transactions in the network. This is to ensure that no errors occur during the exchange of tokens.

Nodes’ fees are quite high, but a limited number of people get access to them: in 2020, Avalanche test participants earned 2,000 AVAX tokens each. Their total value reached $268,000. Another example – Aave’s testnet allowed its testers to earn $100,000 in two weeks, all they had to do was install and run the program without turning it off.

How to start making money on testnetworks and nodes

There are plenty of Telegram channels, sites, and other sources on the web today that cover actual testnets and nodes. It’s enough to follow the recommendations and take part in your first testnets.

Let’s talk about numbers. There’s a story on the Internet about how a guy who participated in 8 testnetas earned $48,000 – and that’s not the limit. If you actively look for new projects, you can earn from 5 to 100 tokens and more, depending on the starting price. Young cryptoprojects are constantly looking for new testers to help make their project better. The more time you spend looking for new testers, the more you can earn. Go for it!

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