I'm just getting into cryptocurrencies so forgive me if there are some basics I am missing out on.
I have got a bitcoin account up and running and will soon be buying a few just to test things out, the purpose of buying these is so that I can then buy Ether (Cant go straight from my currency to Ether).
So I have downloaded the desktop version of Mist, and have created an account in both the Main Network and the TestNet, but am not sure what the difference between the two are? Both accounts have the automatic name : Main Account (ETHERBASE). I dont really understand what the etherbase is either? Is that just the network?
I've read that the testnet is just for trying things out? But I'm not sure exactly what that entails.
But I'm presuming that if I have Bitcoin and want to buy Ether (using shapeshift.io for example), that I would need to add the account details for the account that is set up on the main network and not the TESTNET?