March 30, 2023 – Singapore, Singapore
Core is a novel layer one blockchain that’s pushing the boundaries inside the crypto house.
Impressed by Bitcoin and Ethereum, Core progresses past these blockchain behemoths by synthesizing every of their superpowers.
A scholar of blockchain historical past, philosophy and innovation, Core optimally balances decentralization, safety and scalability.
With out Core’s developments, crypto has been affected by the ‘Blockchain Trilemma,’ which states that decentralization, safety and scalability can by no means be achieved concurrently.
Tackling the trilemma head-on, Core DAO contributors have designed a singular consensus mechanism often called Satoshi Plus, which marries the decentralization and safety of Bitcoin’s PoW (proof of labor) with the scalability of DPoS (delegated proof of stake).
With Satoshi Plus consensus, each Bitcoin miners and CORE token holders can take part in community safety by delegating their BTC hash energy and staked CORE to a decentralized set of validators.
With Bitcoin’s decentralization and DPoS’ scalability, validators on Core can securely and shortly produce blocks and validate transactions.
Given this ingenious synthesis of blockchain rules, Core DAO contributors should now be thought of thought leaders in blockchain innovation.
Persevering with to leverage the most effective options of all blockchains, Core can also be EVM-compatible, permitting for the simple implementation of sensible contract purposes from Ethereum-based chains.
The selection of EVM compatibility, like different Core design decisions, outcomes from years of analysis into the trade-offs of different chains. This student-like strategy permits Core to embody the essence of blockchain philosophy centered on decentralization and freedom.
Impressed by philosophy and innovation, Core’s huge and enthusiastic neighborhood constitutes over 1.7 million followers on Twitter and over 239,000 members on Discord.
Carrying over to on-chain exercise, the latest CORE token airdrop was obtained by over 1.2 million contributors, making it one of many largest sensible contract interactions of all time.
Trying ahead, Core’s latest integrations with top-tier tasks like Layer Zero are certain to steer unparalleled ecosystem growth as extra tasks proceed to see the Core alternative.
With main builders, a rising neighborhood and a groundbreaking consensus mechanism, Core is rising to revolutionize the blockchain house.
About CoreDAO
CoreDAO is a brand new impartial blockchain powered by Satoshi Plus, an progressive consensus mechanism that immediately leverages the Bitcoin mining hash fee and the EVM (Ethereum digital machine) to energy an optimally decentralized, safe and scalable Internet 3.0.
Core DAO’s genesis and inspiration come from Bitcoin and Ethereum however its ambition travels past these blockchain titans.
Contact
Antonio Wu, press
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