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Want to Speak Crypto?
ATAIX glossary all you need to know.
Are you new to the cryptocurrency world and feeling a bit lost? Don't worry, you are not alone. The cryptocurrency space can be daunting for newcomers, with its many terms, abbreviations and definitions that can be difficult to understand.
ATAIX crypto glossary will help make sense of some of the most common cryptocurrency terms and definitions. Armed with this information, you'll be ready to start participating in this exciting and innovative new economy!
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What is Mainnet in Crypto?
A mainnet, also known as the main chain or main network, is the primary blockchain of a cryptocurrency project. It's the first blockchain to be launched and is used to create new tokens. Once a mainnet is live, all other blockchains that are launched are considered "sidechains."
Mainnets are often seen as more reliable and secure than sidechains because they have a longer track record and more hashing power behind them. They're also more likely to be adopted by major businesses and institutions.
That said, not all cryptocurrency projects have mainnets. Some use sidechains exclusively, while others have multiple mainnets and sidechains. It all depends on the project's specific needs and goals.