What it means
The live version of a blockchain, where tokens have real value, as opposed to a testnet used for trying things out.
Developers test new code on a testnet first, using tokens with no value.
How it works
Defied runs on Base mainnet.
Related terms
| Term | What it means |
|---|---|
| Testnet | A copy of a blockchain for testing, where tokens have no real value. |
| Blockchain | A shared record of who owns what, kept by many computers at once, that no single company can change on its own. |
| Base | A public blockchain built by Coinbase that runs on top of Ethereum, with low fees and fast confirmations. |
This glossary explains terms in general. It isn't investment, tax or legal advice.