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Especially given all the warnings in the post, I'm wondering why one would want to do this? I imagine the ostensible answer is security, but given the many rece

Especially given all the warnings in the post, I'm wondering why one would want to do this? I imagine the ostensible answer is security, but given the many recent posts about Solidity's poor design and the many recent heists due to (non-obvious) smart contract bugs, why would anyone want to run a private Ethereum network? Is there a better alternative?

modalduality 9y ago
One common use is to test out your new contract code without using real ethereum. You could even imagine a time where you could run a fuzzer on your contract to try to find bugs. Personally I don't think there's a real risk of exposing your real Ethereum wallet by setting up a testnet, as long as you only let localhost connect to it.
- 6nf 9y ago
  Doesn't ETH have a testnet like Bitcoin?
  - JohnJamesRambo 9y ago
    Yes.
wmf 9y ago
Corda looks pretty good for private ledgers since that's what it's designed for. I don't know if Java smart contracts are any better or worse than Solidity/EVM, though.