Beru Protocol x Crypto Challengers AMA Recap
Dear Crypto Challengers Community,
š Here is a recap of the AMA held with Beru Protocol on 29th December 2023, a session where we got to know more about Beru Protocol where the team answers the questions from Host, Twitter & Live segment respectively. The AMA session was consisting of Introduction segment, Twitter segment and Live segment.
š Guest: Mars ā Community Lead
ā° Time: 12 PM UTC
š Venue: https://t.me/CryptoChallengersD
š Rewards: 50$
Introduction Segment
- The host will introduce the guest and give a brief overview of their background. The host will then ask the guest a few questions about their work, their goals, and their vision for the future.
Twitter Segment
- The host will open up the chat to questions from Twitter users. The top 5 questions are selected and will ask guest to answer them.
Live Segment
- The host will open up the chat to allow users to send their questions in the chat. The guest will select 5 questions to be answered.
š Did you know? You can clap up to 50x. By clapping 50x youāre helping us to spread the recap.
Part 1 : Introduction Segment
Could you give us a quick intro to Beru Protocol?
BERU Protocol is an innovative Layer 2 solution based on BRC-20, designed to optimize the performance and scalability of the BRC-20 ecosystem through its unique underlying protocol architecture. Weāre committed to becoming the key infrastructure of the BRC-20 ecosystem by implementing faster transaction processing and reduced fees.
Furthermore, BERU Protocol can address these issues by constructing additional processing layers above the main chain. This not only significantly boosts transaction speed but also reduces transaction costs, enhancing the overall user experience in the crypto sphere.
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.
How does Beru Protocol differ from other Layer 2 solutions available in the market?
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.
What are the upcoming developments or milestones the community can look forward to from Beru Protocol?
We plan to complete the major product development of BERU Protocol by 2023, syncing new progress with the community, and open sourcing the protocolās source code as soon as possible. In the next phases, weāll introduce automated liquidity protocols, relay protocols, and farm pool protocols. When appropriate, weāll build a decentralized trading protocol for perpetual futures. By 2025, our team aims to complete the validation protocol for Bitcoin Layer 2.
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 protocolās technical framework to maintain a leading position in the fiercely competitive crypto market.
Have you released your token? Whatās its name?
Yes, our token has been released.
Part 2 : Twitter Segment
Could you share with us some killer features of Beru Protocol project that set it apart from its competitors? What competitive advantages does your platform have that you feel most confident in?
Cool, when it comes to our killer advantages, there is 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:
1.Fast P2P payment channel
It is easy to create new P2P payment channels and quickly execute small payments with unlimited TPS.
2. The full potential of the Taproot
This system integrates best practices from Taproot-related systems and utilizes a complete set of opcodes of Tapscripts.
3. Open and standard
The format and wired protocol specifications of the system are provided in the form of RFC documents to ensure maximum interoperability.
4. Compatible with EVM
The compatibility with existing EVM bytecode greatly reduces the cost of transitioning to the new system.
5. Token compression encoding
By avoiding JSON but adopting byte-oriented encoding methods, the amount of space required to represent transactions is reduced.
6. 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.
Can you tell us some of the use-cases of the $BERU token in your platform? What are the uses of this tokens in your platform and in the market? What are the benefits when buying and holding $BERU tokens for a long period of time?
$BERU is the native token powering our ecosystem. Itplays a vital role in governance, incentivization, and faciliating various functionalities within the BRC20 ecosystem
Can you tell us about the main BERU Protocol targets you are currently focusing on and the market you are trying to reach? Are you going to make the BERU Protocol project that grows on a global scale or will you be active only in certain regions for now?
Certainly! We have ambitious plans for the BERU Protocol project.
Our main focus is on optimizing the BRC-20 ecosystemās performance and scalability. We aim to create a Layer 2 solution that benefits the global crypto community by providing faster transaction processing and reduced fees
While we are starting with a global approach, we understand the importance of catering to various regionsā unique needs and regulatory requirements. We intend to expand our presence and actively engage with different markets as we progress. Our long-term vision is to grow globally, making the BERU Protocol a valuable asset for crypto enthusiasts and businesses worldwide.
Strong backup and partnerships in the crypto market might bring huge benefits to new projects. During this point, can you tell us about the investors and partners of Beru Protocol at this point? Do you consider the feedback from the community of players as well?
Absolutely, our partnerships and the support of our community are vital to our projectās success. We have secured strategic partnerships with key players in the Bitcoin Ecosystem, such as 20EX, BISO, BIIS, Bitland, etc.
These partnerships not only provide us with resources but also invaluable insights into market trends and user preferences.
We highly value the feedback and input from our community. Their opinions and suggestions are crucial in shaping the future direction of the BERU Protocol. We actively engage with our community members through various channels, such as social media, forums, and AMAs, to gather feedback and ensure that our project aligns with their expectations.
What does the Beru Protocol name stand for? There are interesting stories behind every successful project, and of course, you have to work hard ever day. Can you share one of these interesting stories with us?
Put it easy, 1 $BERU = 1 $BTC
Thatās the story! We aim to do so.
Part 3 : Telegram Live
Where can I currently buy token?
You can buy the $BERU on unisat wallet and OKX WEB3 wallet.
Do $BERU token holders currently have prizes or profits in our wallets?
Have you noticed the 20EX airdrop to $BERU holders? https://x.com/BeruProtoc5597/status/1739666302078156833?s=20
Where I can get the latest updates or more information about the project?
Hey mate, follow up $BERU official accounts
Social Links
- Website: https://www.beru.world/
- Twitter: https://twitter.com/beruprotoc5597
- Telegram_EN: https://t.me/BERUDevelopers
- Telegram_CN: https://t.me/BERU_CN
- Telegram Channel: https://t.me/BERUAnnouncement
- Medium: https://medium.com/@BeruProtocol
Tell us about your partners.
Yes, weāve partnered with the following project.
- @BisoSwap
- @BIIS_official
- @Bitland_zone
-@20EX_CHANGE
And more partnership is just around the corner.
Can you tell me about ambassador program? Do you have any?
As of now, the ambassador program is not opened yet. But we do have plan for it. Please keep close eye on our twitter updates
The AMA is now over!
About Beru Protocol:
BERU is a scalable decentralized modular TPS extension protocol based on BRC and OrdinalsTheory.
