Core

What is CoreDAO (CORE)?

CoreDAO is the official decentralized organization developing the Core blockchain—a Layer-1 network designed to solve the blockchain trilemma of scalability, security, and decentralization. Launched in January 2023, Core is Ethereum Virtual Machine (EVM) compatible and runs on a novel consensus mechanism called Satoshi Plus, which combines Bitcoin’s Proof-of-Work (PoW) with Delegated Proof-of-Stake (DPoS). This architecture leverages the security of Bitcoin and the efficiency of modern staking systems to deliver a robust and scalable blockchain.

The Core project is governed by CoreDAO, a decentralized global contributor network. While the identities of individual founders remain undisclosed, CoreDAO represents a collective effort by developers, engineers, and ecosystem supporters aligned with the vision of a secure, scalable Web3 infrastructure. The DAO gradually assumes full control of governance as the network matures toward complete decentralization.

How Does CoreDAO Work?

Core runs on the Satoshi Plus consensus mechanism—a hybrid that bridges the energy-intensive security of PoW with the scalability and decentralization of DPoS. BTC miners can secure the Core network by:

1. Delegating hash power to Core validators
   
2. Running validators that synchronize identities across both Bitcoin and Core blockchains

Validators are elected based on stake size, past performance, and network diversity. This design ensures that network security doesn't require extra energy use while incorporating community governance and network incentives through staking and slashing mechanics.

What Makes CoreDAO Unique?

CoreDAO stands out for its Satoshi Plus consensus, which uniquely connects the Bitcoin mining ecosystem to an EVM-compatible Layer-1 chain. This allows Core to inherit the proven security of Bitcoin while maintaining the programmability and flexibility of Ethereum.

Key features include:

• Native support for EVM smart contracts and dApps
  
• Integration of BTC miner incentives without compromising Bitcoin’s network
  
• DAO-based governance with eventual full decentralization
  
• Strong validator incentives and slashing for bad actors
  
• Core contributors are rewarded with S-Prize tokens for adding value

What Is the CORE Token Used For?

The CORE token is the native utility and governance token of the Core blockchain. It serves multiple purposes:

• Transaction Fees: Used to pay for gas, smart contract executions, and storage
  
• Staking: Secures the network and earns CORE rewards for validators and delegators
  
• Governance: Token holders can propose and vote on upgrades, validator sets, and protocol parameters
  
• Reward Distribution: Miners, validators, relayers, and verifiers are compensated in CORE

Tokenomics

• Max Supply: 2,100,000,000 CORE
  
• Distribution:
  
  
  • 39.995% – Node Mining
    
  • 25.029% – Core Users
    
  • 15% – Contributors (past and future)
    
  • 10% – Reserves
    
  • 9.5% – Treasury
    
  • 0.476% – Relayer Rewards
    

CoreDAO also plans to implement a deflationary model similar to Ethereum’s EIP-1559 where part of the transaction fees and block rewards are burned.

COREDAO Governance

CoreDAO operates as a decentralized autonomous organization, with the Core token enabling community participation. Governance responsibilities include:

• Adjusting validator and consensus parameters
  
• Allocating treasury funds
  
• Proposing upgrades and improvements
  
• Expanding DAO membership toward decentralization
  

Until full DAO control is achieved, early Core team contributors will manage governance processes and transitions.

Where to Buy Core (CORE)?

CORE tokens are available on major centralized exchanges such as Bitget, OKX, Bybit, Gate.io, Coinbase, Hotcoin, LBank, and MEXC. Decentralized options include Glyph Exchange and IceCreamSwap. Common trading pairs include CORE/USDT and CORE/USD, offering global accessibility and liquidity for CoreDAO participants.

Best Wallets to Store CORE

For secure CORE storage, use wallets like Trust Wallet for mobile DApp access, MetaMask for Web3 and browser-based interaction, TokenPocket for multi-chain compatibility, and OKX Wallet for seamless integration with its exchange. These wallets offer strong security, ease of use, and staking or DApp functionality.