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Ethereum On QuickNode (1) N

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11 views6 pages

Ethereum On QuickNode (1) N

Uploaded by

lolodileseva3
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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LAKSHMI NARAIN COLLEGE OF TECHNOLOGY

BLOCKCHAIN LAB WORK

SUBMITTED BY :- NIKUNJ MAHESHWARI SUBMITTED TO :-


ENROLLMENT NUMBER :- 0103IS221132 PROF. TANUSHREE DHOLPURIA
DEPARTMENT OF CSE LNCT, BHOPAL
CONTENT
SR.NO TOPIC PAGES

1 MAINNET 1

2 TESTNET 2
• GOERLI
• SEPOLIA
• HOLESKY TESTNET

3 SCREENSHOT OF 3
ETHEREUM APIs ADD-ON
Ethereum is a decentralized, open-source blockchain system that features smart contract
functionality. It is the second-largest cryptocurrency platform by market capitalization, after Bitcoin.
In the context of blockchain, a Mainnet (short for "main network") is the primary and fully
operational blockchain network where actual transactions take place and have real-world value. It is
distinct from testnets, which are used for testing and development purposes. Here are some key
points about Mainnet:

1. Real Transactions: Transactions on the Mainnet involve real cryptocurrency and have real
economic value.
2. Security: Mainnets are typically more secure than testnets because they are maintained by a
larger number of nodes and have more robust security measures in place.
3. Deployment: When a blockchain project is ready for public use, it is deployed on the Mainnet.
4. Network Fees: Transactions on the Mainnet usually incur network fees, which are paid in the
native cryptocurrency of the blockchain.

Mainnets are crucial for the functioning of blockchain applications as they provide the environment
where the actual value exchange occurs. E.g. of a mainnet is Ethereum, polygon, solona etc.
A testnet (short for "test network") is a blockchain network used for testing and development
purposes. It allows developers to experiment with new features, smart contracts, and applications
without risking real assets or affecting the main blockchain network.

1.Goerli Testnet: Goerli is a cross-client proof-of-authority testnet for Ethereum. It was the first of
its kind, launched in January 2019, and supports multiple Ethereum clients like Geth, Nethermind,
and Hyperledger Besu. It transitioned to a proof-of-stake consensus mechanism in 2022.

2.Sepolia Testnet: Sepolia is a proof-of-stake testnet created in October 2021. It is one of the
primary testnets for Ethereum, used for deploying and testing smart contracts and other blockchain
applications before they go live on the mainnet

3.Holesky Testnet: Holesky is the successor to the Goerli testnet, designed to provide a better
testing environment for Ethereum developers. It focuses on comprehensive staking testing,
infrastructure, and protocol-level developments, effectively emulating mainnet capabilities.
These testnets are essential for developers to test and debug their applications in a safe
environment before deploying them on the Ethereum mainnet.
These are screenshots of Ethereum API and add-on for interacting with mainnet
THANK YOU

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