Core (CORE) functions as an EVM-compatible Layer 1 blockchain, enabling the execution of Ethereum smart contracts and decentralized applications (dApps). Its security relies on the “Satoshi Plus” consensus model, which merges delegated Bitcoin mining hash power with delegated Proof-of-Stake (DPoS), all supported by the native CORE token.

The project’s developers aim to establish infrastructure central to web 3.0, introducing novel concepts to address the blockchain trilemma. The mainnet went live in January 2023. Governance is handled by a decentralized autonomous organization (DAO), with the Core DAO overseeing the growth of the Satoshi Plus ecosystem.

Official Core accounts describe CoreDAO as a worldwide collective of contributors united by a passion for an improved web 3.0. These idealists utilize blockchain technology to support the expansion of the Satoshi Plus ecosystem. While the project boasts significant backing, including approximately 1.6 million Twitter followers and more than 74,000 Telegram followers, the specific identities of its founders, developers, and contributors have not been revealed to the public.

Core (CORE) distinguishes itself through Satoshi Plus, a consensus mechanism that merges Bitcoin’s Proof-of-Work (PoW) with Ethereum’s Delegated Proof-of-Stake (DPoS). This hybrid approach aims to resolve the blockchain trilemma by balancing decentralization with scalability.

As an EVM-compatible chain, Core supports the deployment of smart contracts and decentralized applications (dApps). Developers who build on the network and contribute value to the ecosystem receive rewards in the form of S-Prize tokens, also known as Satoshi Prize.

Governance is managed via a decentralized autonomous organization (DAO), which handles transaction fees, adjusts governance parameters, and facilitates the proposal and voting process for network upgrades and development initiatives.

CORE serves as the governance and utility token for the Core network, adhering to Bitcoin’s scarcity model with a hard cap of 2.1 billion coins. The team plans to introduce a burn mechanism akin to Ethereum’s "Ultra Sound Money," where the Core DAO will decide the portion of fees and rewards to be burnt.

The allocation of the total CORE supply is divided into six segments:

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

Core relies on the Satoshi Plus consensus protocol, which merges Bitcoin’s Proof-of-Work (PoW) system with a variant of Proof-of-Stake (PoS) known as delegated Proof-of-Stake (DPoS). Furthermore, CertiK, a company focused on web 3.0 security, blockchain protocol monitoring, and crypto audits, performs audits on the network.

You can acquire Core (CORE) tokens on a variety of crypto exchanges, including Huobi, OKX, Gate.io, Bybit, and Poloniex, among others. On these platforms, traders are able to buy CORE using USDT trading pairs.