We Hosted An Amazing AMA Session With BERU Protocol On 28th December
Here We Will Present Some Of The Best Questions That Answered in The AMA :
Q1. Could You Give Us A Quick Intro To Beru Protocol ?
Sure. BERU Protocol is an innovative Layer 2 solution based on BRC-20
It designed to optimize the performance and scalability of the BRC-20 ecosystem through its unique underlying protocol architecture.
We’re committed to becoming the key infrastructure of the BRC-20 ecosystem by implementing faster transaction processing and reduced fees.
Q2. What Is The Primary Goal Of Beru Protocol?
Beru Protocol aims to optimize the performance and scalability of the BRC20 ecosystem through its innovative Layer 2 solution.
Our primary goal is to enhance transaction processing speed and reduce fees, making a significant contribution to the evolving blockchain landscape.
Q3. How Does Beru Protocol Differ From Other Layer 2 Solutions Available In The Market?
Good question. Unlike conventional Layer 2 solutions, Beru Protocol, based on BRC-20, leverages a unique underlying protocol architecture.
It enables faster transaction processing and fee reduction while focusing on enhancing the performance and scalability of the BRC20 ecosystem.
Additionally, our commitment to being the key infrastructure of the BRC20 ecosystem sets us apart
Q4. What Are The Competitive Advantages Of BERU ?
when it comes to our competitive advantages, it has a lot to list
BERU Protocol aims to propel Bitcoin beyond its traditional role as a reliable payment tool and store of value. We are striving to imbue it with scalability and composability in its ecosystem, shining a new light on the classical Bitcoin network.
Through technological innovation in the underlying protocol, BERU Protocol possesses several pivotal characteristics:
- Fast P2P payment channel
It is easy to create new P2P payment channels and quickly execute small payments with unlimited TPS.
- The full potential of the Taproot
This system integrates best practices from Taproot-related systems and utilizes a complete set of opcodes of Tapscripts.
- Open and standard
The format and wired protocol specifications of the system are provided in the form of RFC documents to ensure maximum interoperability.
- Compatible with EVM
The compatibility with existing EVM bytecode greatly reduces the cost of transitioning to the new system.
- Token compression encoding
By avoiding JSON but adopting byte-oriented encoding methods, the amount of space required to represent transactions is reduced.
- Disposable UTXO seals
The UTXO present in the BTC ledger can be used as a one-time seal to represent state transition in smart contracts.
Q5. What Are The Upcoming Developments Or Milestones The Community Can Look Forward To From Beru Protocol ?
The long-term development plan of BERU Protocol aims to continue driving technological innovation and expanding the Bitcoin ecosystem
In the future, we plan to onboard more partners and users while continuously optimizing the protocol’s technical framework to maintain a leading position in the fiercely competitive crypto market👍
Q6. Have You Released Your Token? What’s Its Name ?
Yes, our token has released. It’s $BERU
BERU is the native token powering the Beru ecosystem. It plays a vital role in governance, incentivization, and facilitating various functionalities within the BRC-20 ecosystem.
Q7. I would like to understand how the Beru protocol operates, what technologies it utilizes, and how it differentiates itself from other existing protocols in the market?
looks like similiar question with the fourth question in the intro section haha. Let me put it easy
BERU operates as an innovative Layer 2 solution based on BRC-20, designed to optimize the performance and scalability of the BRC-20 ecosystem. It utilizes a unique underlying protocol architecture to achieve these goals.
Q8. What major funding deals have you secured to expand the utility of $BERU within the Beru protocol ecosystem?
We currently prefer to keep this info undisclosed for now. Please stay tuned to our Twitter updates; we’ll have what you’re looking for soon.
Q9. How does the BERU protocol guarantee that every indexer is capable of calculating a totally coherent state using Bitcoin inscriptions and computational logic? And what is the role of $BERU in the ecosystem?
BERU protocol employs a unique approach to ensure that every indexer is capable of calculating a totally coherent state using Bitcoin inscriptions and computational logic. This involves several key mechanisms including Decentralized Indexing, Consensus Mechanism and Data Availability
$BERU plays a pivotal role in the governance, security, and functionality of the BERU protocol ecosystem.
Q10. How does the BERU protocol leverage the BlockDAG mechanism to improve Bitcoin’s TPS and scalability, and how does this compare advantageously to other blockchain systems? Could you discuss how this improvement affects the overall efficiency and speed of transactions within the network?
Unlike traditional blockchain structures, which rely on linear chains of blocks, BlockDAGs allow multiple blocks to reference previous blocks, forming a directed acyclic graph. This structure allows for more parallelism in transaction processing.
This improvement in transaction processing efficiency and speed sets it apart from many other blockchain systems and makes it well-suited for applications where rapid and cost-effective transactions are crucial.
Q11. Many Platforms Operating In The Financial Sector Have To Work Hard To Increase The Number Of Their Users. How Will Beru Protocol Compare To Competing Platforms In The Market, What Additional Will It Offer To Attract Users From Other Platforms?
Collaborating with strategic partners allows us to offer additional services and expand our ecosystem. Users can access a wider range of services and assets through our partnerships.
our partner 20EX offered airdrop to eligible BERU Holders
that’s the powerful indication.
Q12. Many new projects make a good impression at first but are suddenly abandoned , how will you manage Beru Protocol project and the token to get a position in the market and become the best token in the crypto world?
Yes, Beru Protocol has a comprehensive plan to educate and raise awareness within the community. We understand the importance of ensuring that users and potential stakeholders have a clear understanding of our project and its value proposition.
Our team will actively engage with the community through various channels, like today’s AMA for example.
Q13. How does the BERU protocol guarantee that every indexer is capable of calculating a totally coherent state using Bitcoin inscriptions and computational logic? And what is the role of $BERU in the ecosystem?
BERU is the native token powering the Beru Protocol ecosystem. It plays a vital role in governance, incentivization, and facilitating various functionalities within the BRC-20 ecosystem.
Q14. What are the key benefits of BERU’s system, and how does it aim to simplify user interaction and experience within the decentralized finance space ?
BERU’s system aims to simplify user interaction and improve the overall experience by offering faster, more cost-effective, and scalable transactions. Its commitment to interoperability, security, and user-friendly interfaces makes it a valuable addition to the bitcoin ecosystem, catering to both seasoned bitcoin enthusiasts and newcomers.
Q15. Is your platform suitable for crypto beginners? Or does it only limited for professional users ?
if you are a crypto beginner, don’t worry about it. BERU Community will offer you the comprehensive educational materials to help you learn how to play in the BRC2O ecosystem. All you need to do is joining us and ask questions!
Q16. Where can I currently buy Token ?
Our token $BERU had launched on Ordinals markets. You can buy it for Unisat wallet or the ordinals market of OKX Web3 wallet. Happy trading👍
This Was The End Our AMA With BERU Protocol.
If You Have Any Other Questions , You Can Ask Here : https://t.me/BERUDevelopers
Useful Links :
Website : https://www.beru.world
X/Twitter : https://twitter.com/beruprotoc5597
Telegram Community : https://t.me/BERUDevelopers
Telegram Channel : https://t.me/BERUAnnouncement
Medium : https://medium.com/@BeruProtocol
WhitePaper : https://www.beru.world/BERU.pdf