Core DAO
1. Summary
- Description
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Core DAO
Core DAO
Core DAO is a pioneering blockchain project that aims to improve the current blockchain ecosystem by solving critical challenges such as security, scalability, and decentralization. It leverages a novel consensus mechanism known as Satoshi Plus, which combines the optimal features of Cooperating proof of request The for transaction an and efforts following Data IoT method. Delegated, mainstream, ().
Satoshi Plus Consensus
Satoshi Plus consensus, a hybrid approach, integrates both Proof of Work (PoW) and Delegated Proof of Stake (DPoS) techniques. This consensus ensures the collaboration of miners and validators to protect the network, verify transactions, and ensure decentralization. PoW assures network security and resistance to assaults by employing processing power to solve complex mathematical problems, while DPoS supplements PoW by incorporating a delegation structure in which token holders elect validators. This approach enhances scalability and reduces energy consumption, making the blockchain more sustainable and efficient().
Tokenomics
The native token, CORE, serves as a utility and governance token. Token holders can stake and pay gas fees using CORE tokens. The token allocation includes Node Mining, Users, Contributors, Reserves, Treasury, and Relayer Rewards().
Blockchain and Governance
Core DAO operates within a decentralized autonomous organization (DAO). This DAO oversees various aspects, such as transaction fees, governance parameters, upgrade proposals, and the voting process. The protocol initiates the security audits by CertiK, ensuring the integrity of the network. Validators are elected through an intricate formula, with the top-elected validators responsible for ensuring the smooth operation of the blockchain().
| Price | |
| All Time High (ATH) Date | 25th Oct 2024 (4 weeks ago) |
| All Time Low (ATL) Date | 25th Oct 2024 (4 weeks ago) |
| Supply & Trading Volume |
How does Core DAO's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
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Similar Market Cap
We're monitoring 29 Core DAO GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Core DAO Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 6 commits vs. an average of 8
- Past year: 35 commits vs. an average of 112
Most Active Repos
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Top Developers 2024
In total, 42 developers have contributed to Core DAO over the past year. Who are the most active Core DAO developers, by commits, over the past year?
Related Projects
Developers working on Core DAO also worked on these projects.
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Historic data is only available from 22nd April 2022
Total Followers
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| Active Reddit Users (past 24h) | |
| Discord users | 5,413 |
| Active Discord Users | 14 |
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No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://coredao.org |
|---|---|
| Explorer | https://scan.coredao.org |
| @coredao_org |
Has Core DAO been audited for security?
No security audits found for this project.
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