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Understanding how Core DAO functions; a lesson for new users

The development of the Satoshi Plus ecosystem is under the official direction of CoreDAO, a decentralized organization. Future Web 3 infrastructure as well as public chain promotions are being developed.

Utilizing the Ethereum Virtual Machine and Bitcoin mining hashrate, it is a Turing-complete blockchain (EVM). Additionally, it utilizes a brand-new consensus algorithm called Satoshi Plus. The validator election procedure used by Satoshi Plus is protocol-driven. To improve security, scalability, and decentralization, it combines the most advantageous aspects of PoW and DPoS.

The CoreDAO team thinks that Satoshi Plus consensus can benefit from the strengths of both DPoS and PoW while minimizing each one’s flaws. Decentralization will be made possible, in particular, by Bitcoin’s computer capacity. Scalability and comprehensive security are both provided by DPoS. The first chain currently using the new Satoshi Plus consensus is CORE. Additionally, they think they will create a workable currency that will facilitate a more widespread adoption of Web3.

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 history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.

Priscilla O. Anthony

Written by Priscilla O. Anthony

Anthony Priscilla is passionate about societal growth, business and politics. she started a research about Digital marketing and it's Elasticity in 2019 which is still in progress.

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