Satoshi BTCs Latest Review
Satoshi BTCs Mining now 'CORE Mining'
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.
Extract From The White Paper
Powered by a new consensus mechanism, Satoshi Plus, Core is a Turing-complete blockchain leveraging the Bitcoin mining hashrate and the Ethereum Virtual Machine (EVM). Satoshi Plus applies a protocol-driven validator election mechanism to combine the optimal features of Proof of Work (PoW) and Delegated Proof of Stake (DPoS) in order to ensure the maximization of security, scalability, and decentralization.
Below is an illustration of major roles and components.
Here is a preview 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.”
Also Main-net would be coming online in the third quarter of this year. So, we all have to keep mining and keep referring people to be a part of 'CORE' network.
Want to know how to mine 'CORE' and still get some free BTC, Register using the link below. Trust me you're not going to regret it. It's free. No money involved.
Registration Link : https://www.btcs.love/invite/ 28m7x
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