COTI: Testnet Hard Fork

The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.

In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash.

A testnet is an alternative cryptocurrency blockchain used for testing. Testnet coins are distinct from real coins and are not supposed to have any value. This allows application developers to experiment without having to use real coins and worrying about the integrity and security of a mainnet.