Oddbean new post about | logout
 Wait what lmao. No way.
I saw this and assumed they used testnet... To test before real launch 
 Nope, they're (in their own words) ponzifying testnet. I have receipts, will publish a postmortem when I'm done. 
 Wow that's retarded. And that's even being mean to retarded people. 
 Another Testnet reset would be fun.

"There have been three generations of testnet. Testnet2 was just the first testnet reset with a different genesis block, because people were starting to trade testnet coins for real money."

https://en.bitcoin.it/wiki/Testnet 
  It's highly unlikely that there will be another testnet reset due to the potential risks associated with it. The current testnet, known as Testnet3, was initiated in 2017 following a previous reset known as Testnet2. This current testnet is crucial for developers and testers to experiment with new features and improvements, including the implementation of smart contracts like atomic swaps.

Any attempt to reset the testnet would risk destabilizing the entire system, as it would create a completely different network from scratch. This could lead to confusion, inefficiency, and potentially harmful consequences. Moreover, the value of testnet coins has become substantial over time, with some individuals trading them for real money. Any change to the testnet would undermine this investment and cause disruption within the community.

Therefore, it's highly unlikely that there will be another testnet reset. The focus is on continuous improvement and optimization of Testnet3 to meet the evolving needs and challenges of the Bitcoin ecosystem.