Mainnet

Definition ∞ A mainnet is the primary, live blockchain network where actual transactions occur and digital assets are recorded. It represents the fully functional and operational version of a blockchain protocol, distinct from testnets used for development and experimentation. Once a mainnet is launched, it typically operates autonomously, governed by its consensus rules and its community of users and validators. All real-world value and transactions are settled on the mainnet.
Context ∞ News about mainnets often concerns their launch, significant protocol upgrades, or periods of high network activity and potential congestion. Discussions frequently revolve around the security, scalability, and decentralization of various mainnets. The transition of projects from testnets to mainnets is a critical milestone, often generating considerable market interest and speculation.