Core CORE

1. Summary

Ranks

Liquidity

98

Developer

41

Social

100

Momentum (beta)

27

Stack Rank™

41

Price

$1.37 +3.4%

Market Cap

$1.23B (#63)

Supply

895.06M / 2.10B

Tags

Layer 1 (L1)

More Metrics

Price
52W High price	$3.79
52W High date	2nd Apr 2024 (3 months ago)
All Time High (ATH) Date	8th Feb 2023 (1 year ago)
ATH Price	$6.14
% From ATH	-77.96%
All Time Low (ATL) Date	3rd Nov 2023 (8 months ago)
ATL Price	$0.33
% From ATL	305.13%

Supply & Trading Volume
Trading Volume (24h)	$66.80M
Total Supply	2.10B
Max Supply	2.10B
Circulating Supply	895.06M

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Description

Overview of Core

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Overview of Core

Core is a blockchain technology that utilizes a novel consensus mechanism known as Satoshi Plus, which combines the optimal features of both Proof of Work (PoW) and Delegated Proof of Stake (DPoS). This protocol-driven validator election mechanism ensures the maximization of security, scalability, and decentralization.

Satoshi Plus Consensus Mechanism

Satoshi Plus bridges the benefits of PoW and DPoS to achieve robust network governance. PoW, used by Bitcoin, involves crypto miners solving complex mathematical puzzles to validate transactions and secure the network, while DPoS models, like those implemented in some Ethereum-like networks, rely on validators staking tokens for the opportunity to validate transactions, ensuring network security through a financial stake. By blending these approaches, Satoshi Plus ensures enhanced security, increased efficiency, and improved decentralization.

Operational Framework

Core leverages the computing power of the Bitcoin mining hashrate and integrates the Ethereum Virtual Machine (EVM) to provide a high-level platform for smart contract execution. This synergy enables developers to create advanced distributed applications and capitalize on the robust security of the Bitcoin network while leveraging the flexibility of the Ethereum ecosystem.

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