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Core DAO Gives Long-Term Update Before Mainnet Launch

Core DAO aims to align with Bitcoin miners long-term to find mutual incentivization.

Core DAO Hardens for Mainnet

The Core DAO team confirmed the long-term vision of the project to remain aligned ahead of the much-hyped mainnet launch. The Core DAO's long-term vision is to grow its ecosystem and develop a symbiotic relationship with Bitcoin miners.

In a blog post from December 15, the Core DAO team assured users that everything from audits to testnet activity is squared away for the mainnet launch. Most importantly, the Satoshi Plus consensus mechanism is ready to be completely launched along with the mainnet. The blog confirmed that Core DAO is ready to synchronize with Bitcoin miners to take advantage of the delegated hash power capabilities from Satoshi Plus.

“The [Satoshi Plus] mechanism is also designed and ready from the outset to incorporate delegated hash power from the Bitcoin mining ecosystem without additional cost to Bitcoin miners,” writes the blog. “Participation from Bitcoin miners will ultimately harden the Core Network by anchoring its consensus in Bitcoin’s decentralization.”

The Bitcoin mining community can use the Core DAO Satoshi Plus consensus to boost rewards and diversity incentivization. The Core DAO team confirmed that Satoshi Plus should strengthen the more miners who join.

So far, the testnet has also shown strength in numbers:

  • Over 1.2 million unique addresses
  • 400,000 daily active addresses
  • 467,00 daily transactions

The mainnet was also recently audited by CertiK. It is expected to launch imminently, but no date has been confirmed.

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.

Where to find Core DAO:

Website | Docs | Twitter | Discord

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