CORE
by BSC News
January 13, 2023
Core DAO’s 3D blockchain represents true decentralization in the industry.
As the name implies, Core DAO’s 3D blockchain translates to a three-dimensional model. However, it is not a similar impression of depth and solidity in video games or movies.
The three-dimensional model corresponds to the “Three D’s of Decentralization,” as the protocol stated in its medium publication on January 9.
“Decentralization must permeate every aspect of any worthwhile blockchain, particularly the Three D’s of Decentralization,” Core DAO wrote.
The three D’s include Design, Distribution, and Direction. The combination of all three represents true decentralization for Core DAO’s long-term development in the industry.
Core DAO’s Satoshi Plus consensus combines Bitcoin network’s Proof of Work (PoW) and Delegated Proof of Stake (DPoS) with a unique Validator Election Mechanism. Further, Core also has EVM compatibility.
The combination of PoW, DPoS, and an effective Validator Election Mechanism contributes to a secure, scalable, and decentralized ecosystem.
Core focuses on distributing tokens to actual builders and users of the network. With this strategy, the protocol aims to become one of the most decentralized in the blockchain industry.
Core DAO is targeting builders, users, and believers with the token launch, ensuring that it perfectly aligns with the vision of long-term decentralized governance.
BSC News recommends reading the protocol’s blog to learn more about its 3D blockchain model.
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.
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