Core DAO (Decentralized Autonomous Organization)

Core DAO is the decentralized organization behind Core Chain, a blockchain that aims to combine the security and decentralization of Bitcoin with the smart contract functionality of Ethereum. It operates under a Delegated Proof of Work (DPoW) consensus mechanism, which integrates Bitcoin mining power into its validation process.

Key Features of Core DAO

1. Satoshi Plus Consensus – A hybrid consensus model combining Delegated Proof of Work (DPoW) and Delegated Proof of Stake (DPoS).
2. Bitcoin Mining Integration – Uses Bitcoin’s security model while enabling smart contracts.
3. EVM-Compatible – Developers can deploy Ethereum-based dApps on Core Chain.
4. Decentralized Governance – CORE token holders participate in governance decisions.
5. Scalability & Security – Designed to maintain decentralization while achieving high transaction speeds.
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Core DAO Token (CORE)

• Utility: Used for governance, staking, and transaction fees.
• Governance: CORE token holders vote on proposals for network upgrades.
• Staking & Validation: Stakers secure the network and earn rewards.
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Use Cases of Core DAO

• Decentralized Finance (DeFi) – Supports DeFi apps and smart contracts.
• NFTs & Gaming – Enables NFT projects and blockchain-based games.
• Cross-Chain Compatibility – Bridges assets between different blockchains.