After launching its mainnet on January 13th with success, Core DAO has made significant advancements since then. The protocol has captured the interest of many users in the blockchain sector with its successful airdrop and strategic partnerships.
CJ Reim is one user who is pleased with the advancement of the Layer One blockchain. The Satoshi Plus Consensus platform received a lot of acclaim from the Core DAO contributor. The protocol’s design, which attempted to empower user ownership, drew some attention.
“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.”
By its design and governance, Core DAO encourages user ownership. By staking and funding validators on the network, anybody can contribute to its progress.
The community’s interest in the network’s long-term development has been demonstrated by the airdrop, which distributes 25% of the CORE supply to legitimate network users. The asset has persisted despite widespread predictions of a big disposal because of community belief.
The widespread adoption following the successful airdrop demonstrates that the blockchain ecosystem is eager to take use of the protocol’s advantages. Many Non-Fungible Token (NFT) and Decentralized Exchange (DEX) platforms have already expressed interest in the possibility of developing on the Satoshi Plus platform.
Core DAO guarantees user ownership with beneficial outcomes in the cryptocurrency arena by utilizing the Proof of Work (PoW) and Delegated Proof of Stake (DPoS) algorithms of Bitcoin and Ethereum, respectively.
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What is Core DAO?
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.
