I can't help but think of Bitcoin Testent & why I'm doing what I'm doing while watching Ross Ulbrich's speech:
https://x.com/RealRossU/status/1928496091311518132 You might be surprised to learn that I went and promoted your services to several early testnet miners. Your service looks like a flashback to the glory days of the earliest bitcoin exchanges, which I think were much nicer in practice than the stuff people use today which looks pretty but is full of anti-features. My favorite exchange ever was doublec's namecoin exchange.
I've tried to keep it as simple as possible, but for some reason this confuses new people... I've kinda given up on attracting brand spanking new users, which is a big reason of why we parted ways with FreeBitcoins.com (registered in 2010 shortly after Gavin launched his "Free Bitcoins" service, before $1 or the Silk Road).
I got sick of exchanges holding up my funds or introducing new "rules". Shit should just work IMO (though my view has laxed on that with certain shitcoins). Especially when staying in the cryptocurrency realm. No account freezes, no this and that, but this lingering Testnet attack intrigued me. Attacking Bitcoin is interesting to me. Blowing Altcoins off the map is rude, but funny. Testnet is acceptable, and that's the wild west feel of a tech product finding itself (ish).
A lot of our influence came from Dooglus. Keeping him as a user and/or happy enough for us to be linkable on Just-dice.com. Not pissing Dooglus off is higher on my list than not pissing any current developer of Bitcoin off.

Dooglus sits around these days in his underwear, and I'm not a 20-year-old ambitious monster anymore. I've not made dooglus cranky in ~10 years and life is good not biting a hand that feeds you. However, I've maintained my freedoms as well since I had when I came into Bitcoin. I consider myself a friendly shark, an ally in fact, but I don't want to get called a scammer on a mailing list that I'm too stupid to participate in. (I absolutely and beyond accept that I do
not belong on a mailing list with Sjor. He's a nuke bomb guy, I'm a trench monkey. Big fucking difference, both important.

)
We built this website for y'all to play ball in. I grew up on
"If you build it, he will come". We've been in this corn field by ourselves for a very long time working. My intent was to work with "Satoshi" and this is where I've found myself.
Perhaps we got off on the wrong foot, so to say--
I'm sure a lot of this was my fault. I apologize for being rude. Doing well for Bitcoin means a lot to me, which I'm sure does to all of you as well.
generally only that trade in the current testnet screws up some people's ability to use it for testing.
I strongly feel that trading a current testnet will better prepare participants for mainnet in a similar but different setting.
Having this more aggressive feel will highlight points of Testnet that should be reconsidered. Such as the 20 minute blocks difficulty. This rule presents no value to a tester preparing for Bitcoin and this twist to the game makes an altcoin feel to the decentralized sport of mining. This miner didn't invest in the most expensive new equipment on the market or anything in fact, they are using a rented miner and a bit of logic. It's hard for me not to think that is kind of cool. Dude is killing blocks with a Windows 98 in 2025 (I poke fun at them for causing me so many issues, they are good people/sports, I am 100% sure they have ZERO intent on hurting anything. They are purely here for Bitcoin).

Is this best for Testnet? I do not believe so. Will it make Testnet better for people preparing for Mainnet? Absolutely.
Someone said Testnet 3 was hard for developers to get, but for ~$3000 in Bitcoin, we spooked up 80,000 v3 Testnet for them in <1 week. This allowed 500 v3 TBTC to be sent to the faucet which now anyone in the world can have access to. How much did I buy? Zero. The markets still breathed back after the slaps, it's cool.

Meaning, if you premined 10 million and dumped them @ 1 satoshi, we would have moved around half your stash in <3 days.
Notice how no one panicked, no one cared about the price tanking 300 sats to 7 sats. I think this is the quiet that only exists in laboratories and libraries. People with their nose to the stone with Bitcoin in their mind as the goal. This is just the ePeen Contest. Being Michael Saylor in Bitcoin Testnet:
No one cares, or should care. It's fucking Testnet!
(e.g. when people promoting them make a nuisance of themselves).
I know it doesn't seem like it, but I'm *really* trying not to be a nuisance.
I compare it to the OP_Return bullshit, Cintrea has a way of doing it... they weren't trying to be a nuisance, their methods work, why fight them? It's probably more profitable to accept there is a work around and flow with it. This is a common mindset in Bitcoin and appears to be healthy to me.
The bullshit has been bullshat, now we need to figure out which way this ship is pointed with Bitcoin being the best it can be in mind.
When it comes to testnet developers want a valueless alternative to bitcoin for testing so that doing arbitrary nonsense doesn't have accounting/legal/tax/etc. implications or friction from having to buy stuff, or churn from people hovering up all the coins they can to sell them for a few cents -- and they're just gonna continue to do whatever it takes to get to that for their own use (which is more possible than you might realize because for this purpose there isn't so much a hard requirement for the result to be open/inclusive/etc.) of course no one else is obligated to use their test thing. I suspect if there weren't needs to test mining across the internet signet+regtest would have just replaced testnet completely in Bitcoin Core by now.
Testnet is important for more than just the mining compared to Signet and regtest.
Sadly, people don't care about why Testnet is important... the frequency I get asked to list a Signet market is astounding. I fear my care for decentralization and customers' care for access to these strange coins do not align. I'm not sure how much bad stuff could happen to me in Signet or who the centralized authority would be that could punish us, but I'm not exactly itching to find out!!

it isn't very Bitcoiny.
Friction is going to happen for people. Esp the poor bastards using faucets... the name of the game in faucets is friction.
If we can eliminate that friction at pennies on the dollar cost per hour, by god, it should be done. If reducing that friction helps people who have time to faucet, win/win. The trade activity from v3 this week allowed the faucet to gain 500 v3 TBTC. Which is 100,000 faucet hits for us to distribute. So the seller walks away with ~$3000 in BTC, the buyers have coins to test with, the faucet has free coins for developers, and I got my little pocket change for allowing it to happen in our arena. Every part of that transaction feels good to me.
Sustainability without resorting to shitcoinery tactics is the high road IMO.
Maybe there is a place in the market for another altcoin which is just "bitcoin but not bitcoin". I'm kinda dubious in that there are just so many obvious improvements that haven't been done in Bitcoin due to the tremendous conservatism that goes along with being widely used and valuable. Sure, it's possible to do worse than bitcoin and a great many altcoins do, but it's also possible to do better in many unobjectionable and safe ways. But if there is demand for just a clone, I don't think testnet (of any version) is the best way to get there. Particularly because Bitcoin Core has been designed in a way that makes it extremely easy to make a fork that just changes the chain parameters.
This isn't the race for number one. Testnet is not about being better or worse, or the next ETF or anything of that nature. Testnet is a worthless glimpse of what is to come to Bitcoin. Completely worthless at this stage. It's like trying to get a mushroom trip off of just spores. The spores are worthless until they are mixed with the right medium. Bitcoin is the medium for magic.
I've not met a Testnet user in my ~3 years of doing this that even remotely thought Testnet was a Bitcoin competitor. It's refreshing coming from the Shitcoin world.
It's a completely
different train of thought. Testnet is realllllly fucking weird.
Stwenhao,
Introducing bugs with the anticipation to fuck users over is beyond unacceptable. In any capacity. If a few pennies can expose that, then I think it is further evidence that Bitcoin is rock solid because we have sharks in these waters testing and sniffing for pocket change.