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CoreDAO Staked CORE (STCORE) is part of an innovative ecosystem facilitating a seamless connection between decentralized applications and Bitcoin. This coin operates on a blockchain that leverages EVM-compatible smart contracts, allowing developers to build applications that benefit from Bitcoin’s robust security. The launch of the Core Ignition Incentive Program marks an important milestone, encouraging users to start bridging their assets and explore the potential of decentralized finance.
The underlying architecture of CoreDAO is built upon the Satoshi Plus consensus mechanism, which melds the strengths of Bitcoin and Ethereum. This mechanism employs a unique approach, combining Delegated Proof of Work (DPoW) from Bitcoin mining pools to ensure security and decentralization, alongside Delegated Proof of Stake (DPoS) fueled by CORE token holders aimed at enhancing scalability. This dual-layered approach supports the network’s growth, aligning with CoreDAO’s mission of fostering a collaborative environment that counters the winner-takes-all mentality often seen in blockchain technology.
CoreDAO is deeply rooted in community engagement, striving for platform growth and global adoption of blockchain solutions. The project boasts a vibrant community with significant participation on various platforms, including over 2.2 million followers on Twitter and 253,000 members on Discord. This community-centric strategy emphasizes the importance of working together to build a decentralized economy that serves diverse global needs, ensuring that the Core Network’s development meets technical demands and prioritizes user functionality and accessibility.
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