What is Core DAO (CORE)
Core is an EVM-Compatible L1 chain. It is secured by the novel consensus mechanism called “Satoshi Plus” which secures the network using a combination of delegated BTC mining hash and delegated proof of stake. Core provides the composability of an EVM chain, with the decentralization and security of Bitcoin. Solving the blockchain trilemma.
Core DAO is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Core DAO investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can:
- Check CORE staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about Core DAO on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your Core DAO buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
Core DAO Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as Core DAO, Bitcoin, or Ethereum. What will be the future price of CORE? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our Core DAO price prediction page.
Core DAO Price History
Tracing CORE's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing CORE's potential future trajectory. For detailed price history information, please check out our Core DAO price history page.
How to buy Core DAO (CORE)
Looking for how to buy Core DAO? The process is straightforward and hassle-free! You can easily purchase Core DAO on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
CORE to Local Currencies
Core DAO Resource
For a more in-depth understanding of Core DAO, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About Core DAO
At the time of writing, 1 CORE is worth $0.8823 USD.
The Core Network aims to achieve progressive decentralization through a three-phase approach. Firstly, off-chain governance will be implemented, allowing decision-making to occur outside the blockchain. This will provide a foundation for the network to establish a decentralized community and build trust. Secondly, limited on-chain governance will be introduced, enabling certain decisions to be made directly on the blockchain. This phase will gradually increase the network's decentralization and ensure transparency. Finally, the network will transition to full on-chain governance, where the community will have the power to determine and execute decisions. This approach ensures a gradual and inclusive process towards achieving complete decentralization in the Core DAO.
Delegated Proof-of-Stake (dPOS) is a consensus algorithm that serves as an alternative to Proof-of-Work (PoW) and Proof-of-Stake (PoS). In dPOS, users stake their coins and delegate the responsibility of transaction validation to elected delegates. These delegates are chosen by the community through voting. Compared to PoW and PoS, dPOS blockchains typically provide faster transaction speeds. This is because the elected delegates, who are trusted by the community, validate transactions instead of relying on resource-intensive mining or random selection. By combining the benefits of stakeholder participation and efficient transaction processing, dPOS offers a unique approach to achieving consensus in blockchain networks.
Satoshi Plus Consensus is a novel consensus mechanism that combines the computational power of miners on the Bitcoin blockchain with a Delegated Proof of Stake (DPoS) mechanism. By leveraging the mining power and incorporating DPoS, it establishes a strong security model and promotes decentralization within the Core network. This innovative approach ensures that the network remains secure and resilient against potential attacks, while also distributing decision-making power among network participants. Satoshi Plus Consensus represents a significant advancement in consensus mechanisms, providing a robust and decentralized foundation for the Bitcoin blockchain.
The CORE token supply model is designed to mirror the sound money principles of Bitcoin. With a maximum supply of 2.1 billion tokens, it ensures scarcity and value preservation. Similar to Ethereum's "Ultra Sound Money" model, a portion of block rewards and transaction fees will be burned, reducing the overall token supply over time. This deflationary mechanism aims to increase the value of each token by decreasing its availability. By implementing this model, CORE aims to create a sustainable and robust ecosystem that rewards participants while maintaining the integrity and scarcity of its token supply.
The Satoshi Plus consensus algorithm is considered one of the best consensuses in the market as it effectively addresses the issues of the blockchain trilemma. However, the Proof-of-Elapsed-Time (PoET) consensus is still regarded as the best due to its fairness and equal selection process. While Satoshi Plus offers a strong solution, PoET stands out with its ability to ensure a fair and unbiased selection process, making it the preferred choice for many. Overall, both algorithms have their merits, but PoET's emphasis on fairness gives it an edge in terms of being the best consensus algorithm available.
The live price of Core DAO (CORE) is 0.7718 USD.
The current market cap of Core DAO is $ 772.25M USD. It is calculated by multiplying the current supply of CORE by its real-time market price of 0.7718 USD.
The current circulating supply of Core DAO (CORE) is 1.00B USD.
As of 2025-05-05, the highest price of Core DAO (CORE) is 30.003 USD.
The 24-hour trading volume of Core DAO (CORE) is $ 2.46M USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
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Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
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