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The Test Net does NOT work the same way as the Main Net

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by COINS NEWS 231 Views

This post is with regards to certain posts I saw on this Sub, preaching why Moons aren't a crappy Token. I do agree Moons are great! However that post presents some fundamental Misinformation.

The said post, states that Since the distribution of Moons is done by Reddit, they're footing the gas fees while distributing the Moons.

I want to clarify that since Moons are currently are on the Test Net, there exists faucets that provide ETH for free to literally any wallet so that they can do what's intended to be done on a Test Net - Testing.

The ETH on Rinkeby Test net isn't the Same as the ETH on the Main Net. For all the New folks here please understand this and since the Moons are on the Rinkeby Net, Reddit uses the Test ETH that costs them absolutely Nothing.

I would request my fellow people on this Sub to Please do the due diligence, especially when it comes to technical discussions as the Crypto Newbs can take wrong information and interpret it very wrongly.

TLDR:

Test Net ETH is not Main Net ETH, and It's absolutely Free of Cost.

Reddit isn't disturbing these Moons for free because they're great (Which they are), but because Transaction on Test Net is free of cost.

Edit, Comment by u/Sharkytrs :

"To clarify further the moons that are valued at 0.08 are not rinkby testnet moons that you have in your vault, they are xDai moons or xMoons.

basically you take your testmoons and when you sell them they are converted to xDai xMoons by a bridge

I made a post that gave me more info about the whole arrangment and then was able to find this: https://www.xdaichain.com/about-xdai/project-spotlights/xmoon-projects

after I knew that it was an xDai project. It pretty much ELI5s it.

In the end the view of the project is to have its own chain, whether that is a PoW or PoS is not yet known to me, I have not yet seen a whitepaper."

submitted by /u/dhargopala
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