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Update parallel-networks.md
Testnet -> Betanet
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@@ -17,7 +17,7 @@ To help members of the XRP Ledger community interact with XRP Ledger technology
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| Testnet | Stable releases | An "alternate universe" network that acts as a testing ground for software built on the XRP Ledger, without impacting production XRP Ledger users and without risking real money. The [amendment status](known-amendments.html) of the Testnet is intended to closely mirror the Mainnet, although slight variations in timing may occur due to the unpredictable nature of decentralized systems. |
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| Devnet | Beta releases | A preview of coming attractions, where unstable changes to the core XRP Ledger software may be tested out. Developers can use this altnet to interact with and learn about planned new XRP Ledger features and amendments that are not yet enabled on the Mainnet. |
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| NFT-Devnet | [XLS-20 pre-release](https://github.com/ripple/rippled/tree/xls20) | A preview of the [XLS-20d](https://github.com/XRPLF/XRPL-Standards/discussions/46) standard for non-fungible tokens on the XRP Ledger. |
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| [Hooks Testnet](https://hooks-testnet-v2.xrpl-labs.com/) | [Hooks server](https://github.com/XRPL-Labs/xrpld-hooks) | A preview of on-chain smart contract functionality using [hooks](https://write.as/xumm/xrpl-labs-is-working-on-the-transaction-hooks-amendment-for-the-xrp-ledger). |
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| [Hooks Betanet](https://hooks-testnet-v2.xrpl-labs.com/) | [Hooks server](https://github.com/XRPL-Labs/xrpld-hooks) | A preview of on-chain smart contract functionality using [hooks](https://write.as/xumm/xrpl-labs-is-working-on-the-transaction-hooks-amendment-for-the-xrp-ledger). |
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Each test network has its own separate supply of test XRP, which is [given away for free](xrp-testnet-faucet.html) to parties interested in experimenting with the XRP Ledger and developing applications and integrations. Test XRP does not have real-world value and is lost when the network is reset.
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