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The output of monerod --help and monero-blockchain-import --help show a --keep-fakechain option:

  --keep-fakechain                      Don't delete any existing database when
                                        in fakechain mode.

What is a "fakechain"? What is "fakechain mode"? How do I create a "fakechain" and enter the "fakechain mode"?

(Monero version: Oxygen Orion v0.17.3.0)

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What is a "fakechain"?

A chain that's not on mainnet or testnet.

How do I create a "fakechain" and enter the "fakechain mode"?

Run with the flag --regtest and generate/mine some blocks.

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