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Core DAO Mainnet Goes Live with Delegated Validator

Umair Younas by Umair Younas
January 14, 2023 - 1:07 pm
in bitcoin news, ethereum news
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The release of the Mainnet allows for Bitcoin’s decentralization, security, and soundness to meet Ethereum’s scalability, composability, and interoperability. As the first blockchain protocol to integrate Delegated Proof of Stake, Proof of Work, and a highly effective Validator Election Mechanism, Satoshi Plus settlement is now formally operational.

Core Blockchain Mainnet Launches, Signifying a New Era of Growth and Innovation

Over the past decade, the blockchain sector has seen incredible growth, innovation, and learning. Core’s inspiration came from imagining what a blockchain may look like if Satoshi had introduced Bitcoin in 2023, taking into account all that has been learned since Bitcoin’s inception. Now, the Web3 infrastructure can run on a blockchain that is Turing-complete, EVM-compatible, and is made increasingly secure by Bitcoin’s mining hash-power.

The completion of the Mainnet is not the final step in Core’s development. To put it simply, that is the beginning. Core followers may now take part in the mission in a more direct way. One of the finest and simplest methods to have a say in Core’s future is by staking, as explained in Why Stake. Network security and decentralization depend on the act of assigning staked Core to a large group of validators. The blockchain is entering a new age.

Core DAO Partners with Bitcoin Mining Community to Strengthen Network Security and Decentralization through Staking

Core DAO will work closely with the Bitcoin mining community to strengthen the Core network, alongside safeguarding and decentralizing the network via staking. Core is prepared to accept Bitcoin miners because Satoshi Plus’s proof of operation feature is already functioning properly from the get-go. Delegating hash-power to the Core system is an extremely lightweight procedure, and initial miners are eligible for bonus incentive prizes.

To this point, Core’s superpower has been its principled and patient approach. It has allowed it to maintain its high level of security, scalability, and, most importantly, decentralization. Given that Core is committed to the long term, patience will remain a guiding concept moving ahead. Being able to look far enough ahead is necessary for keeping an unwavering gaze on blockchain’s essential components. Therefore, the Core community has a long road ahead of it as this is simply the start.

Tags: BitcoinBTCCryptocurrencyDAOETHEthereum
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Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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