CORE
by BSC News
January 14, 2023
Core DAO Mainnet is live. Users can now contribute to the protocol’s aspirations through staking and enjoy optimal security, decentralization, and scalability.
Core DAO has announced that its highly anticipated EVM-compatible blockchain backed by Bitcoin mining hash power is now live.
The protocol took to Twitter on January 14 to announce the launch to the public. Core DAO also published details about the launch on Medium. According to the blog, Mainnet will bring decentralization, scalability, and security to match Ethereum's network.
“With mainnet’s launch, the decentralization, soundness, and security of Bitcoin can finally meet the scalability, interoperability, and composability of Ethereum,” the blog read.
By combining Bitcoin’s Proof of Work (PoW), Delegated Proof of Stake (DPoS), and an effective Validator Election Mechanism, Core DAO’s Mainnet will optimally incorporate the core components of the blockchain ecosystem.
Mainnet launch is the first step in Core’s journey to proper security, scalability, and decentralization. Core enthusiasts can now contribute to the protocol’s development through staking. Following the successful mainnet launch, the Core team will now concentrate on executing the first public Airdrop of CORE tokens.
Read the Core DAO publication to learn more about the Mainnet launch.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.
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