Question 1

What is BOHR (BR)?

Accepted Answer

BOHR (BR) is the native token of the BoHr blockchain platform, which aims to provide a high-performance public chain with support for both UTXO and account-based models. The project was designed to incorporate smart contract functionality while optimising for low-latency and high-throughput environments.

The BoHr network uses a hybrid consensus model that combines elements of Delegated Proof of Stake (DPoS) and Practical Byzantine Fault Tolerance (PBFT), targeting better scalability and efficiency. BR functions as the primary medium of exchange and coordination on the chain.

Question 2

What is BOHR (BR) used for?

Accepted Answer

BR plays several roles in the BoHr ecosystem:

* **Transaction Fees:** BR is used to pay for gas and transaction execution on the BoHr chain.

* **Staking and Consensus:** BR is staked by validators to participate in the consensus process and secure the network.

* **Smart Contract Execution:** BR is used as gas when deploying and interacting with smart contracts on BoHr.

* **Incentives and Rewards:** Participants in the network may earn BR through staking or running validator nodes.

* **Governance:** Although not formally documented in detail, BR may be used in protocol-level decisions through voting mechanisms.