What is Berachain?
Berachain is a blockchain with high performance and EVM compatibility, developed on the Proof-of-Liquidity consensus framework. It aims to foster a robust connection between Berachain validators and its ecosystem of projects. The foundation of Berachain is Polaris, a dynamic blockchain framework that facilitates the creation of EVM-compatible blockchains utilizing the CometBFT consensus engine.
What are the features of Berachain?
Berachain offers several key features. It is EVM compatible, meaning it can support all Ethereum tooling and operations while providing additional functionalities tailored for Proof-of-Liquidity and various use cases such as DEXs and Oracles. A distinctive Proof-of-Liquidity Consensus is at its core, designed to align network incentives and foster a strong connection between Berachain validators and the project ecosystem. Additionally, Berachain introduces an innovative Tri-Token System, adding to its uniqueness.
Does Berachain have a token?
Yes, Berachain utilizes a unique "Tri-Token System" comprising three native tokens:
$BERA, serving as the blockchain's gas token.
$BGT, functioning as the governance token.
$HONEY, a native consensus collateralized stablecoin.
Is Berachain on mainnet?
As of now, Berachain's mainnet has not been launched. It was expected to go live in the second quarter of 2024. Nevertheless, Berachain is currently available on testnet. The developer of Berachain is now running testnet features participation across validators, full node operators, delegators, app builders, and end users. You can now explore the Berachain ecosystem using Bitget Wallet.
How to use Berachain Wallet?
The simplest way to start using Berachain is by creating a Berachain Wallet in Bitget Wallet, which can be installed via Google Play, App Store, or as a Chrome extension. After installation, you can now explore the Berachain ecosystem through the Bitget Wallet DApp Browser, which supports various DApps, including DeFi, NFT, DEX, and various tools.