In -depth analysis of the new public chain berachain

Berachain is a Layer 1 blockchain compatible with the COSMOS SDK, and is protected by the PROOF of Liquidity consensus.The BERAChain tokens have introduced the BERA network of the three -generation currency system for the first time, with network GAS token BERA, ecological algorithm stable coin Honey, and unpredictable BERA governing token BGT.The BERACHAIN ecosystem has more than $ 250 million in commitment to lock the value.

Below is the combination of ChatGPT in the form of Q & A in the chain tea house to fully understand the fundamentals of BERACHAIN.

1. Berachain belongs to that track field. What are the projects similar to him?

Berachain is a track in the field of blockchain technology and encryption.It is a high-performance EVM compatible blockchain, using Proof-OF-LIQUIDITY (POL) consensus mechanism to solve the key challenges facing decentralized networks.

Similar items similar to BeraChain include:

Ethereum: As the most well -known EVM blockchain, Ethereum provides an ecosystem of smart contracts and decentralized applications (DAPPS).
Binance Smart Chain (BSC): BSC is an EVM compatible blockchain, which aims to provide low -cost transactions and smart contract functions.
Avalanche (Avax): Avalanche is a scalable platform that supports EVM compatibility and custom sub -network, which aims to provide high -performance decentralized financial applications.
Polygon (MATIC): Polygon is an EVM compatible Layer 2 solution, which aims to provide scalability and interoperability to support the development of Ethereum ecosystems.

These projects are competing on the track technology and encrypted tracks to provide high -performance, scalability and interoperability solutions to meet the growing demand for decentralized financial and DAPP markets.

2. What are the main problems?

BERAChain’s main solutions include:

High -performance blockchain requirements: Berachain aims to provide high -performance EVM compatible blockchain to meet the growing demand for decentralized financial and DAPP markets, while providing scalability and high throughput.
PROOF-OF-LIQUIDITY Consensus Mechanism: Berachain’s Proof-OF-LIQUIDIDITITY (POL) consensus mechanism aims to solve the coordination of liquidity, centralization of equity and protocols and verifications to ensure the long-term health and stability of the network.
EVM compatibility and interoperability: As an EVM compatible blockchain, BERACHAIN aims to provide high degree of compatibility with the Ethereum ecosystem, enabling developers and usersOperating.
Decentralization Finance (DEFI) and smart contract applications: Berachain’s technology and economic models aims to promote the development of liquidity, transaction efficiency and smart contracts, and provide more powerful infrastructure for DEFI applications and decentralized financial ecosystems.

In general, Berachain is committed to solving key issues such as performance, consensus, compatibility and application development in the blockchain field, and provides users and developers with more powerful, efficient and reliable blockchain infrastructure.

3. What is the PROOF-OF-LIQUIDITY consensus mechanism, how is it realized?

Proof-OF-LIQUDITY (POL) consensus mechanism is a liquid-based innovation consensus mechanism that aims to solve the coordination of liquidity, equity centralization and protocols in the blockchain network.Specifically, the implementation of the POL consensus mechanism includes the following key elements:

Liquidity provider (LP) pool: POL consensus mechanism depends on liquidity provider (LP) pool, which are used to store digital assets to support network transactions and liquidity.Participants of the LP pool can get rewards as incentives to provide liquidity.
Liquid mining: The POL consensus mechanism may include liquidity mining mechanism, that is, to obtain rewards by depositing digital assets into the LP pool.This mechanism encourages users to inject funds into the LP pool to increase the liquidity of the network.
Lobricity proof: The POL consensus mechanism may require verifications to provide liquidity proof to prove their contribution to network liquidity.This can be achieved by verifiable participants in the LP pool or providing other liquidity support.
Liquidity governance: The POL consensus mechanism may include liquidity governance, that is, let the holder participate in voting for network liquidity and governance decisions.

In general, the POL consensus mechanism is integrated by integrating liquidity providers, liquidity mining, liquidity proof, and liquidity governance. It aims to build a decentralized network that can effectively handle liquidity, equity and agreement governance.The design of this consensus mechanism aims to promote the long -term health and stable development of the network.

4. The main operating principle of Berachain?

Main operation principle:

EVM compatibility: Berachain is built on COSMOS-SDK, supporting EVM compatibility so that it can operate with Ethereum smart contracts and tools.
POL consensus mechanism: Berachain’s POL consensus mechanism has achieved coordination between network liquidity, centralization of equity, and verification by liquidity provider, liquidity mining, liquidity proof and liquidity governance mechanism.
Polaris framework: Berachain uses the Polaris EVM framework to build a modular stack to easily separate the EVM running timing.

In general, the main operating principle of BERACHAIN is high -performance blockchain technology based on EVM compatibility, combining the POL consensus mechanism and the Polaris framework to support the development of decentralized finance and smart contracts, and solve the blockchain blockchain.Key issues in the network.

5. What is the overall business model and what are the users?

Business model:

Blockchain infrastructure services: provide high -performance, scalability and highly compatible blockchain infrastructure services, including smart contract platforms, decentralized financial support and liquidity solutions.
Liquid mining and rewards: Through the POL consensus mechanism, users are encouraged to participate in liquidity mining, provide liquidity, and get corresponding rewards.
Developer tools and support: provides developers’ friendly tools, documents and support so that developers can easily build and deploy decentralized applications and smart contracts based on Berachain.

Target customer:

Blockchain developers: Berachain’s target customers include blockchain developers and teams, and they want to build and deploy decentralized applications, smart contracts and DEFI projects.
Liquidity provider: For those who are interested in participating in the blockchain network and obtaining rewards by providing liquidity.
Enterprise and projects: seek high -performance, scalability, and highly compatible blockchain infrastructure services that are highly compatible with Ethereum ecosystem.

In general, BERAChain’s business model aims to provide support for blockchain infrastructure services, liquidity mining awards and developer tools to meet the needs of blockchain developers, liquidity providers and enterprise projects.Provide more powerful blockchain infrastructure and support.

6. What are the main sources of income from the project?

The main source of income of the project may include the following aspects:

Liquidity mining rewards: BERACHAIN uses Proof-OF-LIQUIDITITITY (POL) consensus mechanism to encourage users to participate in liquidity mining by integrating liquidity providers, liquid mining, liquidity proof and liquidity control.And get corresponding rewards.The project can get a certain income from liquidity mining.
Blockchain infrastructure service costs: Provide high -performance, scalability, and highly compatible blockchain infrastructure services that are highly compatible with Ethereum ecosystems, and may charge corresponding service costs.
Developer tools and support charges: Provide developers’ friendly tools, documents and support, and may charge the development of the developer tools and support related costs.
Cooperation income with partners: cooperate with other blockchain projects, enterprises and partners, may obtain cooperation income or gain revenue through cooperation projects.

In general, the main source of income of BERAChain may include liquidity mining awards, blockchain infrastructure service costs, developer tools and support fees, and cooperation income with partners.

7. What are the founding teams of the project and what are their background resumes?

According to the search results, BERACHAIN’s founding team has relatively small information, but the following information can be known:

The founding team members include experienced founders, engineers and researchers who are enthusiastic about designing sustainable economy and Defi innovation.
The founder of the founding team may include co -founder 2 named SMOKEY.

Due to the limited information, I cannot provide a more detailed background resume of the members of the founding team.If you are interested in the background of the founding team members, it is recommended that you consult the official channel or other reliable sources to obtain more detailed information

8. What are the core investment of the project, their background and introduction?

According to TRACXN information, BERACHAIN conducted two rounds of financing, raising a total of $ 42 million.The first round of financing was conducted on December 1, 2022. The latest round of financing was a round of round A financing. It was conducted on April 21, 2023. The financing amount was not made public.

Core investors include multiple institutional investors and angel investors.Organic investors include PolyChain, Agile Angel, and Hack VC.Angel investors include Zaki Manian and so on

9. What are the problems and risks of Berachain?

As an emerging blockchain project, Berachain may face the following problems and risks:

Technical risk: Blockchain technology itself has certain technical risks, including challenges such as security, scalability and performance.The project needs to continuously improve and improve technology to cope with these challenges.
Law and regulatory risks: Blockchain projects may be influenced by the laws and regulatory policies of different countries and regions, and may need to face risks in regulatory compliance and privacy protection.
Market competition: The blockchain industry competition is fierce. The project needs to compete with competitors in terms of technology, marketing, and community construction to ensure the sustainable development of the project.
Market liquidity: The liquidity of tokens may be affected by market supply and demand, and there may be risk of fluctuations and insufficient liquidity.
Project execution risk: The implementation of the project and the stability of the team are also an important risk factor. The project needs to maintain stable development and sustainable innovation capabilities.

The above risks are problems that some common blockchain projects may face. For BERACHAIN, the project party needs to carefully evaluate and respond to these risks to ensure the sustainable development of the project.

10. What are the official partners in the project?

According to the search results, the official partners of BERACHAIN include:

Stakin: Stakin has begun to verify node operation 2 on the public test network of Brachain.
Polychain Capital and OKX Ventures: Berachain has recently completed a $ 42 million financing wheel, led by Polychain Capital and Okx Ventures.

11. The current valuation of the project, the amount of financing?

BERAChain disclosed its Series A financing on April 20, 2023, with a financing amount of $ 42 million and a valuation of $ 420 million

12. Does the founding team have a black history and which projects have you done before?

According to the search results, the members of Berachain’s founding team appeared in the form of a pseudonym (Smokey The Bera, Papa Bear, Homme Bera, and Dev Bear). Therefore, their personal history and previous projects did not make public information

13. What are the technical innovations of the project?

According to BERAChain’s official information and related reports, the project claims to have the following technological innovation:

Layer 1 blockchain technology: Berachain is a layer 1 blockchain technology, which aims to provide high performance, low cost and scalability to support DEFI applications and other blockchain solutions.
DEFI Focus: Berachain focuses on the field of DEFI (decentralized finance) to provide users with faster and cheaper transactions and financial services, while supporting various DEFI applications and protocols.
Cross -chain interoperability: Berachain may have cross -chain interoperability, so that it can operate with other blockchain networks, thereby providing users with wider financial and transaction options.
Smart Contract Platform: Berachain may provide a smart contract platform that enables developers to build and deploy various smart contracts to support diverse decentralized applications.
Chain governance and governance tokens: BeraChain may support the governance model on the chain, allowing holders to participate in the governance decision -making of the network, and may have governance tokens for voting and decision -making.