Testnet

A testnet is a phase of a project where a set of software nodes can help on the network to validate the conceptual ideas and practical operations. By participating in a testnet via resources (VPS servers, etc), the participants might get some tokens or criptocurrencies in exchange, allowing them to become early investors without actually paying for the tokens.

January 1, 2020 · 1 min · Pablo Iranzo Gómez

Token

Token is the symbol for a cryptocurrency and it’s associated with a contract to be shown on a wallet like metamask

January 1, 2020 · 1 min · Pablo Iranzo Gómez

VPS

A VPS is a Virtual Private Server, that is a virtual machine that is running in a provider, but under total control of the user, allowing to install, upgrade and operate, making them ideal for running testnet nodes

January 1, 2020 · 1 min · Pablo Iranzo Gómez

Wallet

A wallet is a place to hold tokens, it might be online at an exchange, at your browser like metamask or a piece of software running on your computer or mobile phone. A wallet has an address and it’s protected by a seed phrase that is used to restore it on another device and usually by other methods like pin or passwords to protect it from misuse. Each wallet is used on a network and others, allow several networks, providing different addresses on each one to receive the funds or cryptocurrencies....

January 1, 2020 · 1 min · Pablo Iranzo Gómez

Wise

Wise.com is a platform to make bank transfers (wire transfers) cheap across countries, which is ideal to bring money from accounts overseas into your own country.

January 1, 2020 · 1 min · Pablo Iranzo Gómez
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