What Is BeraChain ?
BeraChain is a DeFi focused EVM-compatible L1. It would be a high-performance, scalable, EVM-equivalent smart-contract and cross chain interoperability platform.
Berachain current implemented on the Cosmos-SDK and utilizes its native consensus mechanism Tendermint.
Tendermint :- https://docs.tendermint.com/
Tendermint is trusted, high performant and most important secure implementation of Byzantine Fault Tolerant (BFT) consensus. As of today, over 150 billion USD of assets are secured in Tendermint based chains and it is one of the most battle-tested and production ready consensus frameworks on the market.
What is Proof of Liquidity?
Proof of Liquidity is Berachain’s novel sybil resistance mechanism that utilizes “consensus” vaults to calculate validator vote weights, distribute block rewards.
BeraChain Token ?
Well the berachain is thinking very sharply to the market and they have 3 tokens, a tri token.
Same as terra has two tokens, so they have 3 tokens.
- BERA: the gas token of Berachain
- BGT: the governance token of Berachain
- HONEY: the native consensus collateralized stablecoin.
While thier litepaper is still in development.
When Testnet ?
Well I know Blokhash fam is always ask for testnet lol , so as of now they dont have any king of testnet buy yes,
There’s currently a honeylist (whitelist) competition going on right now. You must invite specific amount of people to Discord in order to get “Honey Listed” for the testnet.
Link To Discord :- https://discord.gg/KeQgVvk5
Also keep an eye out for Twitter Spaces or Discord AMAs and must follow them on all social
Apart from this we will guide you all in future !!
Thanks for reading
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