Unlocking the Future: Discover CORE Blockchain’s Game-Changing Satoshi Plus Consensus

This means it can run Ethereum smart contracts and decentralized applications (dApps).

The Core network is powered by the unique “Satoshi Plus” consensus mechanism, which ensures network security through a combination of delegated Bitcoin mining hash power and delegated Proof-of-Stake (DPoS).

The protocol is supported by its native token, CORE.

Key Features and Goals:

• EVM Compatibility: Core can execute Ethereum smart contracts and dApps, providing high interoperability within the blockchain ecosystem.
• Satoshi Plus Consensus: This hybrid mechanism combines Bitcoin’s Proof-of-Work (PoW) and Ethereum’s Delegated Proof-of-Stake (DPoS) to achieve both decentralization and scalability.
• Web 3.0 Infrastructure: Core aims to create an infrastructure that operates at the core of Web 3.0, offering revolutionary solutions to the blockchain trilemma.

Unique Aspects of Core (CORE):

• Mainnet Launch: Core’s mainnet was launched in January 2023.
• Decentralized Autonomous Organization (DAO): The Core blockchain is governed by a DAO, responsible for developing the Satoshi Plus ecosystem, managing transaction fees and governance parameters, and voting on proposals for upgrades.
• S-Prize Tokens: Developers who create dApps on the Core blockchain and add value to the ecosystem are rewarded with S-Prize tokens (Satoshi Prize).

The Founders of Core:

According to official Core accounts, CoreDAO is a global team of contributors sharing a vision and passion for a better Web 3.0.

Despite significant support—about 1.6 million Twitter followers and over 74,000 Telegram followers—the identities of the creators, contributors, and developers remain undisclosed.

Circulation and Distribution of Core (CORE) Coins:

CORE is the utility and governance token of the Core network, with a maximum supply of 2.1 billion coins, following the scarcity principle similar to Bitcoin’s hard cap.

• Supply Distribution:

  • 39.995% to node mining
  • 25.029% to Core users
  • 15% to contributors
  • 10% to reserves
  • 0.476% to relayer rewards
  • 9.5% to the treasury

• Burn Model: Developers implement a burn model similar to Ethereum’s “Ultra Sound Money,” where a certain percentage of rewards and fees are determined by the Core DAO and burned.

Why CORE is Unique:

Core’s unique Satoshi Plus consensus mechanism, combined with its EVM compatibility, provides a powerful and versatile blockchain solution that offers both decentralization and scalability.

With strong community support and cutting-edge technology, CORE is well-positioned to play a significant role in the future of blockchain and Web 3.0.