Cryptocurrencies

    Understanding the significance of mainnet in cryptocurrency

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    The mainnet, or "main network," is the primary blockchain network where actual transactions take place.

    It is distinct from test networks or experimental environments and is the output of development activities.

    The mainnet operates using its own native cryptocurrency, an essential digital asset for running the network.

    This native currency plays a crucial role in the ecosystem's governance processes, staking schemes, and transaction fees.

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