What is Core?
Core is a cryptocurrency that operates on its own blockchain network, utilizing a Proof-of-Work (PoW) consensus mechanism for validating transactions and mining new coins. It is designed to provide a decentralized and secure digital payment system. Additionally, Core is a non-inflationary cryptocurrency that executes profit-generating strategies autonomously with a decentralized approach.
Core goals
The purpose of Core is to provide a decentralized and secure digital payment system. The project aims to solve the blockchain trilemma by enhancing decentralization, security, and scalability. The potential use cases and applications of the technology include peer-to-peer transactions, governance, and decentralized finance (DeFi) applications.
Core fondamentals
The total supply of Core tokens is 2.1 billion. The market cap of Core is $1426262158. The current price of Core is $1.54. There are token burning mechanisms in place, where a certain percentage of rewards and fees will be determined by the Core DAO and burnt. The token distribution plan is divided into six categories: 39.995% to node mining, 25.029% to Core users, 15% to contributors, 10% to reserves, 0.476% to relayer rewards, and 9.5% to the treasury.
Marketcap
$1.426B
Total number of Core
2100000000 CORE
Core technology
Core's technology is based on a blockchain network that utilizes the Satoshi Plus consensus mechanism. This mechanism combines the Proof-of-Work (PoW) consensus algorithm with a modified Proof-of-Stake (PoS) algorithm called Delegated Proof-of-Stake (DPoS). The Core blockchain is powered by its newly conceived mechanism called Satoshi Plus, which leverages Bitcoin's proof of work consensus and the Delegated proof of stake mechanism while also ensuring EVM compatibility.
Core competitors
Core differentiates itself from competitors by utilizing a novel consensus mechanism called Satoshi Plus, which combines the benefits of Bitcoin's Proof-of-Work (PoW) and Ethereum's Delegated Proof-of-Stake (DPoS) consensus models. This allows Core to achieve a balance between decentralization, security, and scalability. Core's competitive advantages include its ability to provide a decentralized and secure digital payment system, as well as its potential for scalability and interoperability.
Core price history
Frequently asked questions
The maximum supply of Core tokens is 2.1 billion.
Core's consensus mechanism is called Satoshi Plus, which combines the benefits of Bitcoin's Proof-of-Work (PoW) and Ethereum's Delegated Proof-of-Stake (DPoS) consensus models.
The Core DAO is responsible for the development of the Satoshi Plus ecosystem and regulates governance parameters, block rewards, and validators.
You can buy Core tokens on various cryptocurrency exchanges.
The current price of Core is $1.54
The market capitalization of Core is $1426262158
The total supply of Core tokens is 2100000000 CORE
Yes, Core is a non-inflationary cryptocurrency that executes profit-generating strategies autonomously with a decentralized approach.
The Satoshi Plus consensus mechanism is a unique consensus mechanism that combines the benefits of Bitcoin's Proof-of-Work (PoW) and Ethereum's Delegated Proof-of-Stake (DPoS) consensus models.
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