CORE
by BSC News
February 18, 2023
Core DAO promotes user ownership with its design, token distribution, and governance.
Core DAO has made considerable progress following its successful mainnet launch on January 13. The protocol’s successful airdrop, coupled with its strategic partnerships, has intrigued many users in the blockchain industry.
One user who has been impressed with the Layer one blockchain’s development is CJ Reim. The Core DAO contributor was full of praise for the Satoshi Plus Consensus platform. One notable comment was about the protocol’s design aimed at empowering user ownership.
“The Core blockchain’s design, token distribution, and governance direction are all aimed at empowering user ownership rather than ownership by a centralized group of external investors,” Reim said. “In just over a week since this airdrop, the results and reception thus far suggest that our users and community are embracing the tremendous potential of the Core blockchain.”
Core DAO promotes user ownership through its design and governance. Everyone can participate in its development by staking and contributing to validators on the network.
The airdrop, which gives 25% of the CORE supply to genuine network users, has proven that the community is interested in its long-term progress. While many predicted a massive dump, the asset has survived due to the community’s belief.
The massive adoption after the successful airdrop shows that the blockchain ecosystem is interested in enjoying the protocol’s capabilities. Numerous Non-Fungible Token (NFT) and Decentralized Exchange (DEX) platforms have already subscribed to the possibilities of building on the platform backed by the Satoshi Plus consensus mechanism.
By leveraging Bitcoin’s Proof of Work (PoW) and Ethereum’s Delegated Proof of Stake (DPoS), Core DAO promises user ownership with valuable benefits in the crypto space.
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 crypto ecosystem's history and an even greater excitement for Core’s role in its future.
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