Satoshi BTCs mining has been renamed to CORE mining by the project development team (Coredao.org) after proper re-examination to avert infringement of rights in the long run.
The Blockchain is now named as “Core” instead of “Satoshi” and the base layer currency will be “CORE” instead of “BTCs” and CORE mining aims to solve the blockchain trilemma – Scalability, Security and Decentralization.
This entails that, the BTCs mining is now named as CORE mining. Interoperability is the key for mass adaption of CORE to other Chains. It is essential and the reason for EVM compatibility, enabling Developers and users communicate conveniently with each other.
CORE is a superior PUBLIC CHAIN with outstanding utilities, that will power many Blockchains and Smart Contracts in the crypto industry, and every HODLer of CORE is having a Digital Gold.
Here’s the full text of the recent Core Mining Announcement:
In 2009, Satoshi Nakamoto carved scarcity out of the stone of abundance. Since that time Bitcoin has become the first truly digital solution to the problem of money. The great creator of this masterpiece, Satoshi Nakamoto is known all over the world, famous and highly respected.
Nine years after birth Bitcoin, during the bear market of 2018, seeing how countless families were affected by the cycle of a centralized economy, we conceived a project to promote the spirit decentralization, sharing and collaborative creativity using blockchain to create a truly long-term stable economy, well-being and happiness for everyone.
In honor of Satoshi Nakamoto, we have named our free mining apps “Satoshi App”. In the early days of this project, we called our blockchain “Satoshi Blockchain”. From the very beginning of this project, we have been guided by our dreams and beliefs we have been working around the clock for three years, and the main network will be connected soon. We want it to be perfect.
Therefore, we re-examined if “Satoshi” would be the proper name for this blockchain. We researched globally to check if this name would infringe any rights, whether people from different countries like it, or if it expresses any other meanings.
We discovered that although we hold the most sincere respect to Satoshi Nakamoto, we didn’t feel right about naming our blockchain “Satoshi”. The Main-net coming online in the third quarter of this year has resolved the Blockchain Trilemma. With its combination of Bitcoin’s decentralization and Ethereum’s scalability, we believe it will be the nucleus of the Web 3 universe, acting as the underlying infrastructure to support and grow this new world.
Thus, we named our blockchain “Core” instead of “Satoshi”, and the base layer currency will be “CORE”instead of “BTCs”. By leveraging the existing BTC mining network in our consensus algorithm, Core originated from Satoshi Nakamoto which we’ve since built on top of. To pay respect to the shoulders we stand on top of, we then named our consensus “Satoshi Plus Consensus.”
Core mining has over 10 million active participants in over 100 countries globally. It is an evolution of the Geth codebase, as it leveraged the improvements made by the BSC team to add greater throughput and cheaper transactions by way of hard fork. Nevertheless, CORE differ from BSC in many ways.
One preeminent difference is that Core is based on Satoshi Plus Consensus, which relies on Proof of Work (PoW) alongside Delegated Proof of Stake (DPoS). With these modifications, CORE is able to remain decentralized without the performance tradeoffs seen in traditional PoW consensus systems.
Additionally, with the CORE hybrid score based off of both delegated Bitcoin hash power and delegated stake, we’ve created a fluid market for validators and rewards that anyone can participate in.
How to earn free Bitcoin (BTC) from CORE mining
To earn free Bitcoin (BTC) from the CORE mining, quickly register on “BTCs (CORE) mining” and proceed to download its app; login and do face verification and start earning your rewards.
Disclaimer! Please note that, @Coredao_Org are strictly the official decentralized organization developing the Satoshi Plus ecosystem, building Web3 infrastructure and promoting public chains on Bitcoin’s PoW. Their official website is coredao.org, not coredao.finance, and official native utility asset is now named CORE, not BTCs or CoreDao.
Overview review on CORE mining by a participant hinted that, “In as much as we so much love the name BTCs, I think the name CORE has a very deep meaning since this coins wants to be the most important crypto asset so it shall be the Core of the crypto currency world powering all transactions. Congrats to fair miners who love this project like me.”