Founded by three pseudonymous developers, Berachain, a layer-1 blockchain set to compete with Ethereum and Solana, will launch its mainnet on February 6, 2025.
The network utilizes a new consensus mechanism called proof-of-liquidity, which aims to better align the incentives of network participants while improving security of the chain.
Upon its launch, the new EVM-identical blockchain will try to solve the “cold start problem” that most early blockchains face, providing users and early applications with “meaningful interactions” from day one.
Here’s everything you need to know.
‘EVM-identical’
Berachain is designed as a “high performance, EVM-identical” layer-1 blockchain, meaning it aims to be identical to the Ethereum Virtual Machine at the execution layer. Therefore, any major upgrades to Ethereum mainnet, like the…