What is Signet?
Signet is a Bitcoin test network designed for developers to test their applications in a controlled environment. Unlike the traditional testnet, Signet doesn't rely on miners. Instead, blocks are created by a trusted party, providing predictable and consistent block times.
What are the Key Features?
Blocks are created every 10 minutes by a trusted party, ensuring consistency.
Mimics the mainnet environment closely, making it ideal for development and testing.
Endorsed and supported by Bitcoin Core, widely adopted by the developer community.
How is Signet Different from Testnet?
Testnet relies on miners, leading to unpredictable block times, while Signet uses a trusted party, ensuring consistent block production.
Signet offers a more stable environment for testing compared to the often erratic testnet.
Signet is preferred by developers for its reliability and consistency, whereas testnet is used for broader testing purposes.
More information:
https://bitcoinops.org/en/topics/signet/
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