Core
CORE Price
Core (CORE) offers a decentralized, scalable blockchain with innovative consensus, supporting smart contracts. More
| Fully Diluted Valuation | $1.12B |
|---|---|
| 24H Trading Volume | $17.97M |
| 24H Low / High | $0.53 / $ 0.56 |
| Circulating Supply | 1.01 B |
| Total Supply | 2.10 B |
| Max Supply | 2.10 B |
| Categories | SideChain 3 more |
|---|---|
| Founder | Anonymous |
| Website | coredao.org Whitepaper |
| Socials | 3 more |
| Chains | Core Ecosystem |
| Explorer | Coredao 1 more |
| Contracts |
0x191....7ad01
|
| Name | Pair | OG Score |
|---|
Core (CORE) is a blockchain project that stands at the forefront of web 3.0, offering solutions to the blockchain trilemma. Launched in January 2023, Core operates as an L1 blockchain compatible with the Ethereum Virtual Machine (EVM), enabling the execution of Ethereum smart contracts and decentralized applications (dApps).
Innovative Consensus Mechanism: Satoshi Plus
The network is secured by the innovative "Satoshi Plus" consensus mechanism, which combines delegated Bitcoin mining hash and delegated Proof-of-Stake (DPoS). This approach ensures both decentralization and scalability, addressing key challenges in blockchain technology. Core's native token, CORE, underpins the protocol's operations.
Decentralized Autonomous Organization (DAO) Governance
Core's developers are committed to building an infrastructure that drives the evolution of web 3.0, offering groundbreaking ideas to solve complex blockchain issues. The project's mainnet was launched in January 2023, with governance entrusted to a decentralized autonomous organization (DAO), specifically Core DAO, responsible for the development of the Satoshi Plus ecosystem.
Founders and Vision
Despite its impactful vision and widespread support, the identities of Core's founders, contributors, and developers remain undisclosed to the public. According to official Core accounts, CoreDAO comprises a global team of visionaries and blockchain enthusiasts who are passionate about advancing the Satoshi Plus ecosystem and web 3.0 through innovative blockchain technology. Among the founders are Brendon Sedo and CJ Reim, along with many others who have chosen not to disclose their identities at this time.
Unique Features of Satoshi Plus
One of Core's unique features is its consensus mechanism, Satoshi Plus, which combines Bitcoin's Proof-of-Work (PoW) and Ethereum's Delegated Proof-of-Stake (DPoS). This hybrid model enables Core to achieve both decentralization and scalability, overcoming the challenges posed by the blockchain trilemma.
Developer Incentives and Governance
Core incentivizes developers to contribute to its ecosystem by rewarding them with S-Prize tokens for creating dApps and adding value to the platform. Additionally, the protocol's focus on decentralization is underscored by its operation through a DAO, which controls transaction fees and governance parameters, proposes upgrades, and votes on proposals.
Impact and Potential
In conclusion, Core (CORE) represents a significant advancement in blockchain technology, offering a unique approach to consensus and governance. With its focus on decentralization, scalability, and developer incentives, Core is poised to make a substantial impact on the future of blockchain technology and web 3.0.
Core (CORE) stands out for its innovative "Satoshi Plus" consensus mechanism, combining Bitcoin's Proof-of-Work (PoW) and Ethereum's Delegated Proof-of-Stake (DPoS) to achieve decentralization and scalability, solving the blockchain trilemma.
The founders of Core (CORE) remain undisclosed, but CoreDAO comprises a global team of visionaries and blockchain enthusiasts dedicated to advancing the Satoshi Plus ecosystem and web 3.0.
You can buy Core (CORE) on Bitget, Bybit, OKX, CoinbaseMEXC cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Core (CORE) is ($1,005,955,019), max supply of Core CORE is ($2,100,000,000) and the market cap of Core CORE is ($538,721,626).
What is the Core (CORE) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Core (CORE) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Core (CORE) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Core CORE) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Core (CORE) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Core (CORE) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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